LTC/USDT 1DInterval Targets and Stoploss
Hello everyone, let's look at the LTC chart on the one day time frame. As we can see, the price is still above the uptrend line.
Let's start with setting targets for the near future that we can take into account:
T1 = 89,13$
T2 = 92,33$
T3 = 94,98$
T4 = 97,54$
and
T5 = 101,28$
Now let's move on to the stop loss in case of further market declines:
SL1 = 83,56$
SL2 = 80,14$
SL3 = 75,28$
and
SL4 = 69,44$
The CHOP index indicates that there is still energy for movement, the MACD indicates the uptrend is maintained, while the RSI, despite a strong rebound, still takes place for the price to go down to the previously mentioned support areas.
Let's start with setting targets for the near future that we can take into account:
T1 = 89,13$
T2 = 92,33$
T3 = 94,98$
T4 = 97,54$
and
T5 = 101,28$
Now let's move on to the stop loss in case of further market declines:
SL1 = 83,56$
SL2 = 80,14$
SL3 = 75,28$
and
SL4 = 69,44$
The CHOP index indicates that there is still energy for movement, the MACD indicates the uptrend is maintained, while the RSI, despite a strong rebound, still takes place for the price to go down to the previously mentioned support areas.