ETH / USDT 4HChart - Targets And StopLoss

2022년 9월 22일

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 channel.

Let's start by setting goals for the near future that we can consider:
T1 = $ 1,351
T2 = $ 1,368
T3 = $ 1,382
T4 = $ 1,396
and
T5 = $ 1,416

Now let's move on to the stop loss in case of further market declines:
SL1 = $ 1,304
SL2 = $ 1,284
SL3 = $ 1267
SL4 = $ 1,251
and
SL5 = $ 1,227

Looking at the CHOP indicator, we can see that in the 4H range some energy was used, while the MACD indicator shows a local upward trend.