Ethereum Classic / Euro may rise to 19.11 - 19.36

Our pivot point is at 18.31.

Our preference

Rebound towards 19.36.

Alternative scenario

The downside breakout of 18.31 would call for 17.90 and 17.66.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 18.71 and 19.10).

Supports and resistances

19.84 **

19.60 *

19.36 **

19.11

18.63 last

18.47

18.31 **

17.90 *

17.66 **

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