Ether / USD may fall to 3350 - 3395

Our pivot point is at 3543.

Our preference

The downside prevails as long as 3543 is resistance.

Alternative scenario

Above 3543, look for 3618 and 3663.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3512 and 3505).

Supports and resistances

3663 **

3618 *

3543 **

3513

3484 last

3395

3350 **

3305 *

3261 **

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