MATICUSDT - SHORT 1H - TARGETS and STOPLOSS
Hello everyone, let's take a look at the 1H MATIC 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 - $ 0.7832
T2 - $ 0.7871
T3 - $ 0.7906
T4 - $ 0.7942
and
T5 - $ 0.7991
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.7806
SL2 - $ 0.7790
SL3 - $ 0.7776
SL4 - $ 0.7757
and
SL5 - $ 0.7737
Looking at the CHOP indicator, we can see that in the 1H range we still have a lot of energy, while the MACD indicator shows the local upward trend.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.7832
T2 - $ 0.7871
T3 - $ 0.7906
T4 - $ 0.7942
and
T5 - $ 0.7991
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.7806
SL2 - $ 0.7790
SL3 - $ 0.7776
SL4 - $ 0.7757
and
SL5 - $ 0.7737
Looking at the CHOP indicator, we can see that in the 1H range we still have a lot of energy, while the MACD indicator shows the local upward trend.
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