| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
The ETH/USD pair has appreciated about 15.24% in value since last week's trading sessions. The cryptocurrency breached the 23.60% Fibonacci retracement level at 264.0.
Everything being equal, it is likely that the Ethereum cryptocurrency will edge lower during the following trading sessions. Bears could drag the pair towards the lower boundary of an ascending trendline at 239.7.
On the other hand, if the pair passes the 23.60% Fibonacci retracement level, the next target for bullish traders would be at the weekly R2 at 290.9.