BNB / USDT 4H INTERVAL, STOPLOSS AND TARGETS
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 uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 272
T2 - $ 277
T3 - $ 282
T4 - $ 289
and
T5 - $ 298
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 269
SL2 - $ 267
SL3 - $ 264
SL4 - $ 260
and
SL5 - $ 256
Looking at the CHOP indicator, we can see that in the 4H interval most of the energy was used, and the MACD indicator shows a local upward trend.
Let's start by setting goals for the near future that we can consider:
T1 - $ 272
T2 - $ 277
T3 - $ 282
T4 - $ 289
and
T5 - $ 298
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 269
SL2 - $ 267
SL3 - $ 264
SL4 - $ 260
and
SL5 - $ 256
Looking at the CHOP indicator, we can see that in the 4H interval most of the energy was used, and the MACD indicator shows a local upward trend.