Chainlink / Dollar may rise to 19.15 - 19.46

Our pivot point is at 18.00.

Our preference

Our next up target stands at 19.46.

Alternative scenario

Below 18.00, expect 17.48 and 17.16.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 18.43 and 18.49).

Supports and resistances

20.09 **

19.78 *

19.46 **

19.15

18.52 last

18.21

18.00 **

17.48 *

17.16 **

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