Binance Coin / TetherUS
Short

BNB / USDT 4H INTERVAL, STOPLOSS AND TARGETS

662
Hello everyone, let's take a look at the 4H 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 - $ 269
T2 - $ 271
T3 - $ 273
T4 - $ 275
and
T5 - $ 278

Now let's move on to the stop loss in case of further market declines:
SL1 - $ 264
SL2 - $ 261
SL3 - $ 259
and
SL4 - $ 255

Looking at the CHOP indicator, we can see that in the 4H range we have more and more energy, while the MACD indicator shows a local upward trend.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.