LUNAUSDT - 4H Interval - Targets and Stoploss
Hello everyone, let's look at the 4H LUNAUSDT chart as you can see that the price is moving in the uptrend channel, however it has locally moved sideways from the uptrend line in the channel.
Let's start by setting goals for the near future that we can take into account:
T1 - $1.6663
T2 - $1.6928
T3 - $1.7154
T4 - $1.7373
and
T5 - $1.7694
Now let's move on to the stop loss in case the market goes down further:
SL1 - $1.6464
SL2 - $1.6114
SL3 - $1.5821
SL4 - $1.5533
and
SL5 - $1.5145
Looking at the CHOP indicator, we see that the energy is strongly charged on the 4H interval, the MACD indicator indicates entering a local uptrend, while the RSI shows that despite we are high, we have room for further growth, but it is worth keeping the SL.
Let's start by setting goals for the near future that we can take into account:
T1 - $1.6663
T2 - $1.6928
T3 - $1.7154
T4 - $1.7373
and
T5 - $1.7694
Now let's move on to the stop loss in case the market goes down further:
SL1 - $1.6464
SL2 - $1.6114
SL3 - $1.5821
SL4 - $1.5533
and
SL5 - $1.5145
Looking at the CHOP indicator, we see that the energy is strongly charged on the 4H interval, the MACD indicator indicates entering a local uptrend, while the RSI shows that despite we are high, we have room for further growth, but it is worth keeping the SL.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.