Ether / USD may fall to 3583 - 3639

3828 is our pivot point.

Our preference

The downside prevails as long as 3828 is resistance.

Alternative scenario

Above 3828, look for 3924 and 3981.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3774 and 3757).

Supports and resistances

3981 **

3924 *

3828 **

3791

3753 last

3639

3583 **

3526 *

3469 **

Number of asterisks represents the strength of support and resistance levels.