Hello everyone, let's take a look at the 4H XRP to USDT chart as you can see the price is moving below the uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 = $ 0.4933
T2 = $ 0.5035
T3 = $ 0.5116
T4 = $ 0.5199
and
T5 = $ 0.5316
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 0.4843
SL2 = $ 0.4732
SL3 = $ 0.4648
SL4 = $ 0.4561
and
SL5 = $ 0.4433
Looking at the CHOP indicator, we can see that in the 4H range we have very little energy, and the MACD indicator shows a local downward trend.
Let's start by setting goals for the near future that we can consider:
T1 = $ 0.4933
T2 = $ 0.5035
T3 = $ 0.5116
T4 = $ 0.5199
and
T5 = $ 0.5316
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 0.4843
SL2 = $ 0.4732
SL3 = $ 0.4648
SL4 = $ 0.4561
and
SL5 = $ 0.4433
Looking at the CHOP indicator, we can see that in the 4H range we have very little energy, and the MACD indicator shows a local downward trend.
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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.
