Hello everyone, let's take a look at the 1D SOL to USDT chart as you can see the price is moving above the local downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 42.71
T2 - $ 46.73
and
T3 - $ 52.33
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 38.91
SL2 - $ 36.42
SL3 - $ 34.41
and
SL4 - $ 32.41
Looking at the CHOP indicator, we can see that we still have a lot of energy in the 1D range, while the MACD indicator shows a local upward trend.
Let's start by setting goals for the near future that we can consider:
T1 - $ 42.71
T2 - $ 46.73
and
T3 - $ 52.33
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 38.91
SL2 - $ 36.42
SL3 - $ 34.41
and
SL4 - $ 32.41
Looking at the CHOP indicator, we can see that we still have a lot of energy in the 1D range, while the MACD indicator shows a local upward trend.