Ether / USD may fall to 3667 - 3722

Our pivot point is at 3910.

Our preference

The downside prevails as long as 3910 is resistance.

Alternative scenario

The upside breakout of 3910, would call for 4003 and 4058.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3848 and 3845).

Supports and resistances

4058 **

4003 *

3910 **

3873

3837 last

3722

3667 **

3612 *

3556 **

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