Ethereum Classic / Dollar may rise to 19.06 - 19.24

18.45 is our pivot point.

Our preference

Our next up target stands at 19.24.

Alternative scenario

The downside breakout of 18.45 would call for 18.14 and 17.95.

Comment

The RSI is above its neutrality area at 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 above its 20 and 50 period moving average (respectively at 18.67 and 18.62).

Supports and resistances

19.61 **

19.43 *

19.24 **

19.06

18.69 last

18.57

18.45 **

18.14 *

17.95 **

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