Hello everyone, let's take a look at the 4H XRP 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 = $ 0.4973
T2 = $ 0.5080
T3 = $ 0.5151
T4 = $ 0.5239
and
T5 = $ 0.5352
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 0.4909
SL2 = $ 0.4875
SL3 = $ 0.4849
SL4 = $ 0.4818
and
SL5 = $ 0.4774
Looking at the CHOP indicator, we can see that we have a lot of energy in the 4H range, while the MACD indicator shows a local downward trend.
Let's start by setting goals for the near future that we can consider:
T1 = $ 0.4973
T2 = $ 0.5080
T3 = $ 0.5151
T4 = $ 0.5239
and
T5 = $ 0.5352
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 0.4909
SL2 = $ 0.4875
SL3 = $ 0.4849
SL4 = $ 0.4818
and
SL5 = $ 0.4774
Looking at the CHOP indicator, we can see that we have a lot of energy in the 4H range, while the MACD indicator shows a local downward trend.