Hello everyone, let's take a look at the 4H ADA to USDT chart, As you can see, the price has moved sideways from the downtrend line and is now moving in the local uptrend channel marked by the yellow lines.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.5150
T2 - $ 0.5456
T3 - $ 0.5754
and
T4 - $ 0.6157
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.4886
SL2 - $ 0.4755
SL3 - $ 0.4648
and
SL4 - $ 0.4548
Looking at the CHOP indicator, we can see that there is still some energy left in the 4H range, and the MACD indicator shows a local upward trend.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.5150
T2 - $ 0.5456
T3 - $ 0.5754
and
T4 - $ 0.6157
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.4886
SL2 - $ 0.4755
SL3 - $ 0.4648
and
SL4 - $ 0.4548
Looking at the CHOP indicator, we can see that there is still some energy left in the 4H range, and the MACD indicator shows a local upward trend.