Hello everyone, let's take a look at the 4H SOL 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 - $ 31.68
T2 - $ 32.14
T3 - $ 32.53
T4 - $ 32.92
and
T5 - $ 33.45
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 30.97
SL2 - $ 30.70
SL3 - $ 30.03
and
SL4 - $ 29.59
Looking at the CHOP indicator, we can see that we still have a lot of energy in the 4H range, while the MACD indicator shows the local uptrend.
Let's start by setting goals for the near future that we can consider:
T1 - $ 31.68
T2 - $ 32.14
T3 - $ 32.53
T4 - $ 32.92
and
T5 - $ 33.45
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 30.97
SL2 - $ 30.70
SL3 - $ 30.03
and
SL4 - $ 29.59
Looking at the CHOP indicator, we can see that we still have a lot of energy in the 4H range, while the MACD indicator shows the local uptrend.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.