Ethereum / TetherUS
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ETH / USDT 1HChart - Targets And StopLoss

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Hello everyone, let's take a look at the 1H ETH to USDT chart as you can see the price is moving below the local downtrend line.

Let's start by setting goals for the near future that we can consider:
T1 - $ 1700
T2 - $ 1706
T3 - $ 1,712
T4 - $ 1722
and
T5 - $ 1732

Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1,696
SL2 - $ 1,689
SL3 - $ 1,683
SL4 - $ 1,677
SL5 - $ 1,669
and
SL6 - $ 1,660

Looking at the CHOP indicator, we can see that in the 1H range the energy starts to rise, while the MACD indicator shows a local upward trend.

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