ETHUSDT - Targets and Stoploss - Interval 4H
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 uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 = $ 1,357
T2 = $ 1,373
T3 = $ 1,388
T4 = $ 1,401
and
T5 = $ 1,421
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 1,338
SL2 = $ 1,330
SL3 = $ 1,322
SL4 = $ 1,314
and
SL5 = $ 1,303
Looking at the CHOP indicator, we can see that in the 4H range we have more and more energy, while the MACD indicator shows a local upward trend.
Let's start by setting goals for the near future that we can consider:
T1 = $ 1,357
T2 = $ 1,373
T3 = $ 1,388
T4 = $ 1,401
and
T5 = $ 1,421
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 1,338
SL2 = $ 1,330
SL3 = $ 1,322
SL4 = $ 1,314
and
SL5 = $ 1,303
Looking at the CHOP indicator, we can see that in the 4H range we have more and more energy, while the MACD indicator shows a local upward trend.