Hello everyone, let's take a look at the 1D ETH to USDT chart as you can see the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,220
T2 - $ 1,281
and
T3 - $ 1,453
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1154
SL2 - $ 1126
SL3 - $ 1,100
SL4 - $ 1074
and
SL5 - $ 1039
Looking at the CHOP indicator, we can see that we have a lot of energy in the 1D interval and the MACD indicator shows a local upward trend.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,220
T2 - $ 1,281
and
T3 - $ 1,453
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1154
SL2 - $ 1126
SL3 - $ 1,100
SL4 - $ 1074
and
SL5 - $ 1039
Looking at the CHOP indicator, we can see that we have a lot of energy in the 1D interval and the MACD indicator shows a local upward trend.
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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.