Hello everyone, let's take a look at the 4H ETH to USDT chart as you can see the price is moving in the uptrend channel.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,679
T2 - $ 1,898
and
T3 - $ 2,175
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1,478
SL2 - $ 1,366
SL3 - $ 1272
SL4 - $ 1178
and
SL5 - $ 1,049
Looking at the CHOP indicator, we can see that in the 4H range, the energy we recovered was used for growth, while the MACD indicator clearly confirmed the change in the local trend.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,679
T2 - $ 1,898
and
T3 - $ 2,175
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1,478
SL2 - $ 1,366
SL3 - $ 1272
SL4 - $ 1178
and
SL5 - $ 1,049
Looking at the CHOP indicator, we can see that in the 4H range, the energy we recovered was used for growth, while the MACD indicator clearly confirmed the change in the local trend.