| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Buy | Neutral | Sell |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
The Ethereum cryptocurrency has declined by 22.92% against the US Dollar since September 1. The currency pair breached the 50-, 100– and 200– period SMAs during this week's trading sessions.
Currently, the exchange rate is trading near the bottom border of an ascending channel pattern at 384.2.
If the support level formed by the lower line of the channel pattern holds, bulls could pressure the price higher next week.
However, if the cryptocurrency exchange rate breaks the ascending channel pattern, a decline towards the $300 mark could be expected during the following trading sessions.