Binance Coin / TetherUS

BNB / USDT 1D INTERVAL, STOPLOSS AND TARGETS

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Hello everyone, let's take a look at the 1D BNB to USDT chart as you can see the price is moving above the local uptrend line.

Let's start by setting goals for the near future that we can consider:
T1 - $ 278
T2 - $ 304
and
T3 - $ 337

Now let's move on to the stop loss in case of further market declines:
SL1 - $ 251
SL2 - $ 238
SL3 - $ 228
SL4 - $ 217
and
SL5 - $ 202

Looking at the CHOP indicator, we can see that in the 1D interval most of the energy has been used, while the MACD indicator shows that we are in an upward trend.

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