ETH - USDT, 1D Interval Targets and Stoploss
Hello everyone, let's take a look at the 1D ETH to USDT chart as you can see the price is moving above the downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,632
T2 - $ 1766
T3 - $ 1,904
T4 - $ 2099
and
T5 - $ 2,342
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1463
SL2 - $ 1,340
SL3 - $ 1,241
SL4 - $ 1142
and
SL5 - $ 997
Looking at the CHOP indicator, we can see that in the 1D range the energy has been used, while the MACD indicator shows a local upward trend.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,632
T2 - $ 1766
T3 - $ 1,904
T4 - $ 2099
and
T5 - $ 2,342
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1463
SL2 - $ 1,340
SL3 - $ 1,241
SL4 - $ 1142
and
SL5 - $ 997
Looking at the CHOP indicator, we can see that in the 1D range the energy has been used, while the MACD indicator shows a local upward trend.