Ether / USD may fall to 3637 - 3692

3876 is our pivot point.

Our preference

The downside prevails as long as 3876 is resistance.

Alternative scenario

The upside breakout of 3876, would call for 3967 and 4022.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3813 and 3815).

Supports and resistances

4022 **

3967 *

3876 **

3839

3801 last

3692

3637 **

3582 *

3528 **

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