ETHUSD is in the parallel channel where it touches the line which is support right now therefore there can be a pull-back from that level. The next time there can come further oscillation sideways in the channel till there comes a definite direction of the trend to confirm.
There is both support and resistance in the channel and it will be interesting
in which direction it confirms the trend. RSI is sending neutral signs with a tendency to visit higher or lower levels
MACD is sending neutral signs with a tendency to provide a bullish or bearish sign.
TREND: Sideways
EXPECTATION: Breakout
TREND AFTER EXPECTATION: Bullish , Bearish
PREV: 227.73
OPEN: 227.71
VOLUME: 60.743K
DAY’S RANGE: 227.31 — 247.04
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