ETH / USDT 4HChart - Targets And StopLoss
Hello everyone, let's take a look at the 4H ETH to USDT chart as you can see the price is moving above the local downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,405
T2 - $ 1,527
and
T3 - $ 1704
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1,452
SL2 - $ 1,345
SL3 - $ 1,257
SL4 - $ 1167
and
SL5 - $ 1,038
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy and the MACD indicator indicates entering a local downward trend.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,405
T2 - $ 1,527
and
T3 - $ 1704
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1,452
SL2 - $ 1,345
SL3 - $ 1,257
SL4 - $ 1167
and
SL5 - $ 1,038
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy and the MACD indicator indicates entering a local downward trend.