Daily BNB to USDT review on 4H interval
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 downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 284
T2 - $ 288
T3 - $ 292
T4 - $ 297
and
T5 - $ 304
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 278
SL2 - $ 273
SL3 - $ 268
and
SL4 - $ 264
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy, while the MACD indicator shows a local upward trend.
Let's start by setting goals for the near future that we can consider:
T1 - $ 284
T2 - $ 288
T3 - $ 292
T4 - $ 297
and
T5 - $ 304
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 278
SL2 - $ 273
SL3 - $ 268
and
SL4 - $ 264
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy, while the MACD indicator shows a local upward trend.