Hello everyone, let's take a look at the 4H FTM to USDT chart as you can see the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can consider: T1 - $ 0.1993 T2 - $ 0.2026 T3 - $ 0,2051 T4 - $ 0.2052 and T5 - $ 0.2117
Now let's move on to the stop loss in case of further market declines: SL1 - $ 0.1924 SL2 - $ 0.1889 and SL3 - $ 0.1859
Looking at the CHOP indicator, we can see that in the 4H range the energy slowly starts to rise, while the MACD indicator shows a local downward trend.