Description
⋅ Hello everyone, let's take a look at the 4H MATIC to USDT chart as you can see the price is moving below the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.8357
T2 - $ 0.8504
T3 - $ 0.8622
T4 - $ 0.8751
and
T5 - $ 0.8922
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.8081
SL2 - $ 0.7976
SL3 - $ 0.7785
SL4 - $ 0.7626
and
SL5 - $ 0.7504
Looking at the CHOP indicator, we can see that there is a lot of energy in the 4H range, and the MACD indicator shows a local downward trend.