Hello everyone, let's look at the 4H UNI to USDT chart as you can see that the price is moving above the local downtrend line.
Let's start by setting goals for the near future that we can take into account:
T1 = $5.63
T2 = $5.84
T3 = $6.06
T4 = $6.35
and
T5 = $6.74
Now let's move on to the stop loss in case the market goes down further:
SL1 = $5.27
SL2 = $5.04
SL3 = $4.86
SL4 = $4.67
and
SL5 = $4.41
Looking at the CHOP indicator, we see that the energy is strongly charged on the 4H interval, while the MACD indicator indicates a local uptrend.
Let's start by setting goals for the near future that we can take into account:
T1 = $5.63
T2 = $5.84
T3 = $6.06
T4 = $6.35
and
T5 = $6.74
Now let's move on to the stop loss in case the market goes down further:
SL1 = $5.27
SL2 = $5.04
SL3 = $4.86
SL4 = $4.67
and
SL5 = $4.41
Looking at the CHOP indicator, we see that the energy is strongly charged on the 4H interval, while the MACD indicator indicates a local uptrend.