| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇗ | ⇒ |
The Ethereum cryptocurrency has been trading sideways against the US Dollar during the last two week's trading sessions. The cryptocurrency pair tested the 1950.0 level last week.
Currently, the exchange rate is trading near the lower boundary of an ascending channel pattern at 1732.9 and could be set for a breakout.
If the breakout occurs, a decline towards the 1500.0 level could be expected during the following trading sessions.
However, if the channel pattern holds, a surge towards the 2050.0 level could follow next week.