Ethereum / TetherUS

Targets and stop loss ETH for the coming hours

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Hello everyone, let's take a look at the ETH to USDT chart over the 4 hour timeframe. As you can see, the price is moving in the triangle of the downturn channel.

Let's start by designating short term stop losses, as you can see:
SL1 - $ 2014,
SL2 - $ 1973
and
SL3 - $ 1933.

Now let's move on to determining the targets that we should take into account in the coming hours:
T1 - $ 2,085,
T2 - $ 2,153
and
T3 - $ 2,225.

Looking at the CHOP indicator, we can see that at the 4H interval, the energy starts to rise again, while the MACD indicator shows an uptrend.

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