ETH/USDT 4h review chart
Hello everyone, let's look at the current ETH to USDT situation considering the four-hour time frame. In this situation, we can see how the price defends itself from falling to the local upward trend line.
Let's start by setting goals for the near future, which include:
T1 = $2,560
T2 = $2,628
T3 = $2734
T4 = $2,814
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $2,496
SL2 = $2,441
SL3 = $2,353
SL4 = $2,279
Looking at the RSI indicator on a 4-hour interval, we have touched the bottom of the range, which may indicate a temporary end of the correction, which confirms a quick price rebound.
Let's start by setting goals for the near future, which include:
T1 = $2,560
T2 = $2,628
T3 = $2734
T4 = $2,814
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $2,496
SL2 = $2,441
SL3 = $2,353
SL4 = $2,279
Looking at the RSI indicator on a 4-hour interval, we have touched the bottom of the range, which may indicate a temporary end of the correction, which confirms a quick price rebound.
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