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 downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,522
T2 - $ 1,546
T3 - $ 1,578
and
T4 - $ 1,623
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1,461
SL2 - $ 1,416
and
SL3 - $ 1,382
Looking at the CHOP indicator, we can see that in the 4H interval we have a lot of energy, while the MACD indicator shows the local upward trend.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,522
T2 - $ 1,546
T3 - $ 1,578
and
T4 - $ 1,623
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1,461
SL2 - $ 1,416
and
SL3 - $ 1,382
Looking at the CHOP indicator, we can see that in the 4H interval we have a lot of energy, while the MACD indicator shows the local upward trend.
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