Hello everyone, let's take a look at the 4H LUNC to BUSD chart as you can see the price is approaching exiting the channel marked with the blue lines.
Let's start by setting goals for the near future that we can consider:
T1 = $ 0.00005988
T2 = $ 0.00006536
T3 = $ 0.00006958
T4 = $ 0.00007394
and
T5 = $ 0.00008027
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 0.00005115
and
SL2 = $ 0.00004089
Looking at the CHOP indicator, we can see that in the 4H range we still have some energy, while the MACD indicates that we are maintaining the local upward trend.
Let's start by setting goals for the near future that we can consider:
T1 = $ 0.00005988
T2 = $ 0.00006536
T3 = $ 0.00006958
T4 = $ 0.00007394
and
T5 = $ 0.00008027
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 0.00005115
and
SL2 = $ 0.00004089
Looking at the CHOP indicator, we can see that in the 4H range we still have some energy, while the MACD indicates that we are maintaining the local upward trend.