| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | N/A |
| RSI (14) | Neutral | Buy | Buy |
| Stochastic (5; 3) | Neutral | Neutral | Buy |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇗ |
The ETH/USD cryptocurrency has been moving in a downtrend channel against the US Dollar since the middle of November.
From a technical point of view, the ethereum cryptocurrency is likely to continue its downside risks. The possible target for the blockchain will be near a psychological support level at the 70.00 mark.
However, given that the pair is located near the upper boundary of the descending channel pattern at 95.7 a breakout could be expected during the following trading session.