Hello everyone, let's take a look at the 1day 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 - $ 242 which price is currently struggling with,
T2 - $ 260,
T3 - $ 278,
T4 - $ 304,
and
T5 - $ 337.
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 232,
SL2 - $ 223,
SL3 - $ 215,
SL4 - $ 208,
SL5 - $ 196,
and
SL6 - $ 183.
Looking at the CHOP indicator, we can see that we still have a lot of energy in the 1-day range, and the MACD indicator shows that we are in the local uptrend. Please remember that this is not an investment advice.
Let's start by setting goals for the near future that we can consider:
T1 - $ 242 which price is currently struggling with,
T2 - $ 260,
T3 - $ 278,
T4 - $ 304,
and
T5 - $ 337.
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 232,
SL2 - $ 223,
SL3 - $ 215,
SL4 - $ 208,
SL5 - $ 196,
and
SL6 - $ 183.
Looking at the CHOP indicator, we can see that we still have a lot of energy in the 1-day range, and the MACD indicator shows that we are in the local uptrend. Please remember that this is not an investment advice.
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.
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.