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CHAINLINK - LINK/USDT
CHAINLINK - LINK/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: LINKUSDT
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CHAINLINK - LINK/USDT - 1H - Technical analysis published on 05/18/2024 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
22%
44%
33%
My opinion
Bullish above 15.94 USDT
My targets
16.89 USDT (+4.58%)
17.97 USDT (+11.27%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 15.94 USDT remains possible. It is advisable to trade CHAINLINK - LINK/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 15.94 USDT. The next bullish objective for buyers is set at 16.89 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 17.97 USDT. If there is any crossing, the next objective would be the resistance located at 20.03 USDT. PS: if there is a bearish break in the support located at 15.94 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.5

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

adhemar
This analysis was given by adhemar. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

CHAINLINK - LINK/USDT rating 16.15 USDT. On the day, this instrument lost -0.49% and was traded between 16.05 USDT and 16.40 USDT over the period. The price is currently at +0.62% from its lowest and -1.52% from its highest.

16.05
16.40
16.15

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by CHAINLINK - LINK/USDT:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of CHAINLINK - LINK/USDT indicates that the overall trend is bullish. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 14.49 15.43 15.94 16.15 16.89 17.97 20.03
Change (%) -10.28% -4.46% -1.30% - +4.58% +11.27% +24.02%
Change -1.66 -0.72 -0.21 - +0.74 +1.82 +3.88
Level Intermediate Minor Minor - Major Intermediate Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.2714.8815.5516.1616.8317.4418.11
Camarilla15.8816.0016.1116.2316.3516.4716.58
Woodie14.3114.9015.5916.1816.8717.4618.15
Fibonacci14.8815.3715.6716.1616.6516.9517.44


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.3312.3012.8113.7814.2915.2615.77
Camarilla12.9013.0413.1713.3113.4513.5813.72
Woodie11.0912.1912.5713.6714.0515.1515.53
Fibonacci12.3012.8713.2213.7814.3514.7015.26


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.947.4410.2814.7817.6222.1224.96
Camarilla11.1111.7812.4613.1313.8014.4815.15
Woodie2.127.039.4614.3716.8021.7124.14
Fibonacci7.4410.2411.9714.7817.5819.3122.12

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 53.92
MACD (12,26,9): 0.1200
Directional Movement: 13.94
AROON (14): -28.57
DEMA (21): 16.37
Parabolic SAR (0,02-0,02-0,2): 16.03
Elder Ray (13): -0.05
Super Trend (3,10): 15.71
Zig ZAG (10): 16.18
VORTEX (21): 1.0600
Stochastique (14,3,5): 39.65
TEMA (21): 16.19
Williams %R (14): -67.71
Chande Momentum Oscillator (20): -0.07
Repulse (5,40,3): -0.9300
ROCnROLL: -1
TRIX (15,9): 0.1500
Courbe Coppock: 0.33
MA7: 14.53
MA20: 14.11
MA50: 15.16
MA100: 17.30
MAexp7: 16.20
MAexp20: 16.16
MAexp50: 15.67
MAexp100: 15.01
Price / MA7: +11.15%
Price / MA20: +14.46%
Price / MA50: +6.53%
Price / MA100: -6.65%
Price / MAexp7: -0.31%
Price / MAexp20: -0.06%
Price / MAexp50: +3.06%
Price / MAexp100: +7.59%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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