Ether / USD may fall to 1849 - 2036

Our pivot point is at 2699.

Our preference

The downside prevails as long as 2699 is resistance.

Alternative scenario

Above 2699, look for 3019 and 3210.

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 2533 and 2493).

Supports and resistances

3210 **

3019 *

2699 **

2573

2433 last

2036

1849 **

1661 *

1473 **

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