Bears on the market Ethereum break the support price of cryptocurrency on the key level of $83,30.
The four-hour chart the ETH/USD
At the end of the day bears on the Ethereum market broke the price support cryptocurrencies at the local level $86,00.
In the course of trading on ETH 14 December, amid a sharp growth of volumes of open short positions, the Ethereum have steadily declined in price to the key support level of $83,30.
At the time of the market review pair of ETH/USD is trading below the key level at $82,90. In that case, if the sellers will complete day trading prices below $83,30, will open a scope for reduction in the price of Ethereum to its historic low of us $81,00.
The achievement of intermediate goals by the bears, from a technical point of view, perhaps before the end of this week.
These technical indicators confirm the predictions of lower prices Ethereum: EMA14 above the current price of the tool and is pointing down, RSI values in the field of sales and the indicator line crosses the boundary of oversold territory.