| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇒ | ⇒ |
The Ethereum cryptocurrency has been trading in a horizontal channel against the US Dollar since mid-July.
The currency pair reversed from the upper band of the channel at 240.03 on August 5 and gradually moving towards the lower boundary of the horizontal channel at 208.60.
Everything being equal, it is likely that the ETH/USD pair could continue moving sideways in the nearest future.
A potential upside reversal from a support level formed by the weekly S1 at 208.60 could occur during next week's trading sessions.