Technical analysis chart for Ethereum (ETHUSD) on a 1-hour timeframe. The chart displays a bullish trend, with a "Bullish Wedge" pattern indicated. The chart also shows a "Buy Trend Line" and a "Target" price level.
To determine the Take Profit (TP) and Stop Loss (SL) points, we can analyze the chart as follows:
1. Target (TP): The chart indicates a target price level of approximately 2860.22. This suggests that the trader is expecting the price to reach this level.
Therefore, based on the chart:
- Take Profit (TP): 2860.22
- Stop Loss (SL): Below the recent lows, likely around the orange "STOP LOSS" zone (exact value not visible).
Please note that these values are based on the information provided in the chart and may not be suitable for actual trading decisions. It's essential to consider multiple factors, including market conditions, risk management, and personal trading strategies, before making any trading decisions.
To determine the Take Profit (TP) and Stop Loss (SL) points, we can analyze the chart as follows:
1. Target (TP): The chart indicates a target price level of approximately 2860.22. This suggests that the trader is expecting the price to reach this level.
Therefore, based on the chart:
- Take Profit (TP): 2860.22
- Stop Loss (SL): Below the recent lows, likely around the orange "STOP LOSS" zone (exact value not visible).
Please note that these values are based on the information provided in the chart and may not be suitable for actual trading decisions. It's essential to consider multiple factors, including market conditions, risk management, and personal trading strategies, before making any trading decisions.
Trade active
Hold on buy Trade closed: target reached
Target 2860 clear . Close trades 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.