LUNAUSDT - 4H Interval - Targets and Stoploss
Hello everyone, let's take a look at the 4H LUNA to USDT chart as you can see the price is moving above the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 = $ 2.62
T2 = $ 2.69
T3 = $ 2.78
T4 = $ 2.91
and
T5 = $ 3.26
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 2.45
SL2 = $ 2.34
SL3 = $ 2.19
and
SL4 = $ 1.99
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 upward trend.
Let's start by setting goals for the near future that we can consider:
T1 = $ 2.62
T2 = $ 2.69
T3 = $ 2.78
T4 = $ 2.91
and
T5 = $ 3.26
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 2.45
SL2 = $ 2.34
SL3 = $ 2.19
and
SL4 = $ 1.99
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 upward trend.