Chainlink / Dollar may rise to 19.07 - 19.38

Our pivot point stands at 18.01.

Our preference

As long as 18.01 is support look for 19.38.

Alternative scenario

Below 18.01, expect 17.48 and 17.17.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (18.43) but above its 50 period moving average (18.26).

Supports and resistances

20.01 **

19.70 *

19.38 **

19.07

18.42 last

18.22

18.01 **

17.48 *

17.17 **

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