Ethereum Classic / Euro may rise to 18.81 - 19.00

Our pivot point stands at 18.20.

Our preference

As long as 18.20 is support look for 19.

Alternative scenario

The downside breakout of 18.20 would call for 17.89 and 17.70.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (18.46) but above its 50 period moving average (18.28).

Supports and resistances

19.37 **

19.18 *

19.00 **

18.81

18.44 last

18.32

18.20 **

17.89 *

17.70 **

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