Hello everyone, let's take a look at the 1D ETH to USDT chart as you can see the price is moving p in the downtrend channel.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,372
T2 - $ 1,386
T3 - $ 1,404
T4 - $ 1,427
and
T5 - $ 1,491
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1,351
SL2 - $ 1,327
SL3 - $ 1,309
SL4 - $ 1292
and
SL5 - $ 1268
Looking at the CHOP indicator, we can see that in the 1D range we have a lot of energy, and the MACD indicator shows a local upward trend.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,372
T2 - $ 1,386
T3 - $ 1,404
T4 - $ 1,427
and
T5 - $ 1,491
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1,351
SL2 - $ 1,327
SL3 - $ 1,309
SL4 - $ 1292
and
SL5 - $ 1268
Looking at the CHOP indicator, we can see that in the 1D range we have a lot of energy, and the MACD indicator shows a local upward trend.