$ETH may fall 93.00 - 139.00 USD
Our preference:
Target 3519.
3843.00 | Resistance 3
3797.00 | Resistance 2
3719.00 | Resistance 1
3658.00 | Last Price
3719.00 | Pivot
3565.00 | Support 1
3519.00 | Support 2
3473.00 | Support 3
Comment:
The RSI is below its neutrality area at 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 (3674) but above its 50 period moving average (3645).
Alternative scenario:
Above 3719, look for 3797 and 3843.
