SOL - USDT 1HChart, targets and stoploss
Hello everyone, let's take a look at the 1H SOL to USDT chart as you can see the price is moving in the local downtrend channel.
Let's start by setting goals for the near future that we can consider:
T1 - $ 31.60
T2 - $ 31.86
T3 - $ 32.06
T4 - $ 32.27
and
T5 - $ 32.56
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 31.35
SL2 - $ 31.04
SL3 - $ 30.79
SL4 - $ 30.54
and
SL5 - $ 30.19
Looking at the CHOP indicator, we can see that in the 1H range we have very little energy, while the MACD indicator shows a local downward trend.
Let's start by setting goals for the near future that we can consider:
T1 - $ 31.60
T2 - $ 31.86
T3 - $ 32.06
T4 - $ 32.27
and
T5 - $ 32.56
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 31.35
SL2 - $ 31.04
SL3 - $ 30.79
SL4 - $ 30.54
and
SL5 - $ 30.19
Looking at the CHOP indicator, we can see that in the 1H range we have very little energy, while the MACD indicator shows a local downward trend.
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