Ether / USD may fall to 3200 - 3260

Pivot

3395

Our preference

Short positions below 3395 with targets at 3260 & 3200 in extension.

Alternative scenario

Above 3395 look for further upside with 3470 & 3540 as targets.

Comment

As long as the resistance at 3395 is not surpassed, the risk of the break below 3260 remains high.

Supports and resistances

3540

3470

3395

3331 Last

3260

3200

3150

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