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 - $ 1,288
T2 - $ 1,437
T3 - $ 1,586
and
T4 - $ 1,684
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1145
SL2 - $ 1096
SL3 - $ 1,054
SL4 - $ 1010
and
SL5 - $ 951
Looking at the CHOP indicator, we can see that in the 4H range most of the energy was used, and the MACD indicator shows a local upward trend.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,288
T2 - $ 1,437
T3 - $ 1,586
and
T4 - $ 1,684
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1145
SL2 - $ 1096
SL3 - $ 1,054
SL4 - $ 1010
and
SL5 - $ 951
Looking at the CHOP indicator, we can see that in the 4H range most of the energy was used, and the MACD indicator shows a local upward trend.