Hello everyone, let's take a look at the DOT to USDT chart over the 1 hour timeframe. As you can see, the price broke above the local downtrend line.
It is worth starting with determining the stop loss that we should take into account in the coming hours. As you can see, we chose 3 stop loss: SL1 - $ 10.75, SL2 - $ 10.09, SL3 - $ 9.54.
Now let's move on to determining the targets that the price has in front of it and as you can see, the first one is at T1 - $ 11.34 with which the price is currently fighting, the next one is at T2 - $ 12.46.
Looking at the CHOP indicator we can see that in the 1 hour interval some energy has been used up, but we have a little bit to continue the movement. On the other hand, the MACD indicator shows an upward trend.
It is worth starting with determining the stop loss that we should take into account in the coming hours. As you can see, we chose 3 stop loss: SL1 - $ 10.75, SL2 - $ 10.09, SL3 - $ 9.54.
Now let's move on to determining the targets that the price has in front of it and as you can see, the first one is at T1 - $ 11.34 with which the price is currently fighting, the next one is at T2 - $ 12.46.
Looking at the CHOP indicator we can see that in the 1 hour interval some energy has been used up, but we have a little bit to continue the movement. On the other hand, the MACD indicator shows an upward trend.
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.