| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Buy | Neutral | Neutral |
| Alligator (13; 8; 5) | Neutral | Neutral | Sell |
| SAR (0.02; 0.2) | Sell | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇘ |
[ANNOUNCE]The Ethereum cryptocurrency has been trading in an ascending channel against the US Dollar since the middle of December when the pair bounced off its lower boundary at 93.00.[/ANNOUNCE]
Currently, the ETH/USD pair is trading near the bottom border of the channel pattern at 117.1 and could be set for a breakout.
If the blockchain breaks the junior ascending channel pattern, the pair could aim at a support level formed by the weekly S1 at 93.00.
If the 50-hour SMA at 117.1 holds, the cryptocurrency will maintain the junior ascending channel pattern during the following trading session.