Hello everyone, let's take a look at the 1D ADA to USDT chart as you can see the price is moving in the downtrend channel, however locally above the uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.4047
T2 - $ 0.4267
T3 - $ 0.4499
and
T4 - $ 0.4829
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.3986
SL2 - $ 0.3853
SL3 - $ 0.3719
and
SL4 - $ 0.3531
Looking at the CHOP indicator, we can see that in the 1D range the energy has been depleted and is slowly starting to rise, while the MACD indicator shows an upward trend.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.4047
T2 - $ 0.4267
T3 - $ 0.4499
and
T4 - $ 0.4829
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.3986
SL2 - $ 0.3853
SL3 - $ 0.3719
and
SL4 - $ 0.3531
Looking at the CHOP indicator, we can see that in the 1D range the energy has been depleted and is slowly starting to rise, while the MACD indicator shows an upward trend.