Ether / USD may fall to 2496 - 2534

2666 is our pivot point.

Our preference

The downside prevails as long as 2666 is resistance.

Alternative scenario

Above 2666, look for 2730 and 2768.

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 2654 and 2637). Finally, the Ether / Dollar has penetrated its lower Bollinger band (2618).

Supports and resistances

2768 **

2730 *

2666 **

2641

2614 last

2534

2496 **

2458 *

2420 **

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