Daily ETH to USDT review on 4H interval
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 - $ 1,657
T2 - $ 1720
T3 - $ 1,835
and
T4 - $ 1,906
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1,598
SL2 - $ 1563
SL3 - $ 1,537
SL4 - $ 1,507
and
SL5 - $ 1,468
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of 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 - $ 1,657
T2 - $ 1720
T3 - $ 1,835
and
T4 - $ 1,906
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1,598
SL2 - $ 1563
SL3 - $ 1,537
SL4 - $ 1,507
and
SL5 - $ 1,468
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy, while the MACD indicator shows a local upward trend.
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