Ether / USD may fall to 3243 - 3283

3419 is our pivot point.

Our preference

The downside prevails as long as 3419 is resistance.

Alternative scenario

Above 3419, look for 3487 and 3527.

Comment

The RSI is below 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 3389 and 3414).

Supports and resistances

3527 **

3487 *

3419 **

3392

3366 last

3283

3243 **

3202 *

3162 **

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