Hello everyone, let's look at the 1H CRO to USDT chart, we can see how an upward trend channel has currently formed, in which the price remains at the lower limit.
Let's start by setting goals for the near future that we can include:
T1 = $71,290
T2 = $74,725
T3 = $77,303
AND
T4 = $80,413
Now let's move on to the stop-loss in case of further market declines:
SL1 = $67,683
SL2 = $65,980
SL3 = $63,858
AND
SL4 = $57,699
When we look at the RSi indicator and the STOCH indicator, we see a potential room for growth, but both indicators are approaching a local downward trend, which may result in declines again.
Let's start by setting goals for the near future that we can include:
T1 = $71,290
T2 = $74,725
T3 = $77,303
AND
T4 = $80,413
Now let's move on to the stop-loss in case of further market declines:
SL1 = $67,683
SL2 = $65,980
SL3 = $63,858
AND
SL4 = $57,699
When we look at the RSi indicator and the STOCH indicator, we see a potential room for growth, but both indicators are approaching a local downward trend, which may result in declines again.