$ETH may fall 92.00- 137.00 USD
Our preference:
Target 3514.
3861.00 Resistance.
3815.00 Resistance..
3739.00 Resistance.
3651.00 Last
3739.00 Pivot
3559.00 Support.
3514.00 Support..
3469.00 Support...
Comment:
The RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (3685) but above its 50 period moving average (3641).
Alternative scenario:
The upside breakout of 3739, would call for 3815 and 3861.