Ether / USD may fall to 3106 - 3148

Our pivot point stands at 3288.

Our preference

The downside prevails as long as 3288 is resistance.

Alternative scenario

Above 3288, look for 3357 and 3399.

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 3268 and 3289).

Supports and resistances

3399 **

3357 *

3288 **

3260

3233 last

3148

3106 **

3065 *

3023 **

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