Hello everyone, let's take a look at the 1H BNB to BTC chart as you can see the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - 0.013315
T2 - 0.013371
T3 - 0.013422
T4 - 0.013469
T5 - 0.013538
and
T6 - 0.013627
Now let's move on to the stop loss in case of further market declines:
SL1 - 0.013237
SL2 - 0.013177
SL3 - 0.013135
SL4 - 0.013087
and
SL5 - 0.013021
Looking at the CHOP indicator, we can see that in the 1H range we have a lot of energy and the MACD indicator shows a local upward trend.
Let's start by setting goals for the near future that we can consider:
T1 - 0.013315
T2 - 0.013371
T3 - 0.013422
T4 - 0.013469
T5 - 0.013538
and
T6 - 0.013627
Now let's move on to the stop loss in case of further market declines:
SL1 - 0.013237
SL2 - 0.013177
SL3 - 0.013135
SL4 - 0.013087
and
SL5 - 0.013021
Looking at the CHOP indicator, we can see that in the 1H range we have a lot of energy and the MACD indicator shows a local upward trend.