Ether / USD may fall to 3418 - 3465

Our pivot point stands at 3621.

Our preference

Eye 3418.

Alternative scenario

The upside breakout of 3621, would call for 3700 and 3747.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under its 20 period moving average (3581) but above its 50 period moving average (3550).

Supports and resistances

3747 **

3700 *

3621 **

3590

3559 last

3465

3418 **

3371 *

3324 **

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