Ether / USD may fall to 3139 - 3181

3343 is our pivot point.

Our preference

The downside prevails as long as 3343 is resistance.

Alternative scenario

The upside breakout of 3343, would call for 3413 and 3455.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3307 and 3297). Finally, the Ether / Dollar has penetrated its lower Bollinger band (3274).

Supports and resistances

3455 **

3413 *

3343 **

3315

3265 last

3181

3139 **

3097 *

3055 **

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