Ether / USD may rise to 3520 - 3564

3365 is our pivot point.

Our preference

Rebound.

Alternative scenario

The downside breakout of 3365 would call for 3291 and 3247.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (3416) but below its 50 period moving average (3427).

Supports and resistances

3652 **

3608 *

3564 **

3520

3423 last

3394

3365 **

3291 *

3247 **

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