BNB/USDT Targets and Stoploss 4HInterval
Hello everyone, let's look at the 4H BNB to USDT chart as we can see that the price is back above the downtrend line.
Let's start by setting goals for the near future that we can include:
T1 = $615.7
T2 = $636.9
AND
T3 = $663
Now let's move on to the stop-loss in case of further market declines:
SL1 = $579.8
SL2 = $560.4
SL3 = $547.1
AND
SL4 = $529
Looking at the RSI indicator, because there is an upward trend with room for further movement, while on the STOCH indicator we are approaching the upper limit, which affects the visible rebound movement.
Let's start by setting goals for the near future that we can include:
T1 = $615.7
T2 = $636.9
AND
T3 = $663
Now let's move on to the stop-loss in case of further market declines:
SL1 = $579.8
SL2 = $560.4
SL3 = $547.1
AND
SL4 = $529
Looking at the RSI indicator, because there is an upward trend with room for further movement, while on the STOCH indicator we are approaching the upper limit, which affects the visible rebound movement.