Hello everyone, let's take a look at the 1H CRO to USDT chart as you can see the price is moving below the local uptrend channel.
Let's start by setting goals for the near future that we can consider:
T1 = $ 0.1548
T2 = $ 0.1555
T3 = $ 0.1560
T4 = $ 0.1566
and
T5 = $ 0.1573
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 0.1541
SL2 = $ 0.1533
SL3 = $ 0.1525
SL4 = $ 0.1521
and
SL5 = $ 0.1516
Looking at the CHOP indicator, we can see that in the 1H range we have very little energy and the MACD indicator shows a local downward trend.
Let's start by setting goals for the near future that we can consider:
T1 = $ 0.1548
T2 = $ 0.1555
T3 = $ 0.1560
T4 = $ 0.1566
and
T5 = $ 0.1573
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 0.1541
SL2 = $ 0.1533
SL3 = $ 0.1525
SL4 = $ 0.1521
and
SL5 = $ 0.1516
Looking at the CHOP indicator, we can see that in the 1H range we have very little energy and the MACD indicator shows a local downward trend.