CHAINLINK - LINK/USDT - 15 min. - Technical analysis published on 12/09/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
39%
39%
22%
My opinion
Bearish under 26.06 USDT
My targets
24.73 USDT (-1.98%)
23.37 USDT (-7.37%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CHAINLINK - LINK/USDT. As long as you are under the resistance located at 26.06 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 24.73 USDT would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 23.37 USDT as an objective. Crossing it would then enable sellers to target 22.04 USDT. If the resistance 26.06 USDT were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.9
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This analysis was given by adhemar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHAINLINK - LINK/USDT price is 25.23 USDT. On the day, this instrument lost -3.30% and was between 24.51 USDT and 27.34 USDT. This implies that the price is at +2.94% from its lowest and at -7.72% from its highest.24.51
27.34
25.23
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of CHAINLINK - LINK/USDT in 15 min. shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 21.68 | 22.67 | 24.28 | 25.23 | 25.42 | 26.77 |
| Change (%) | -14.07% | -10.15% | -3.77% | - | +0.75% | +6.10% |
| Change | -3.55 | -2.56 | -0.95 | - | +0.19 | +1.54 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.04 | 23.37 | 24.73 | 26.06 | 27.42 | 28.75 | 30.11 |
| Camarilla | 25.35 | 25.60 | 25.84 | 26.09 | 26.34 | 26.58 | 26.83 |
| Woodie | 22.06 | 23.38 | 24.75 | 26.07 | 27.44 | 28.76 | 30.13 |
| Fibonacci | 23.37 | 24.40 | 25.03 | 26.06 | 27.09 | 27.72 | 28.75 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.54 | 14.99 | 19.89 | 23.34 | 28.24 | 31.69 | 36.59 |
| Camarilla | 22.48 | 23.25 | 24.02 | 24.78 | 25.55 | 26.31 | 27.08 |
| Woodie | 12.26 | 15.35 | 20.61 | 23.70 | 28.96 | 32.05 | 37.31 |
| Fibonacci | 14.99 | 18.18 | 20.15 | 23.34 | 26.53 | 28.50 | 31.69 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.55 | 6.81 | 12.91 | 16.17 | 22.27 | 25.53 | 31.63 |
| Camarilla | 16.43 | 17.28 | 18.14 | 19.00 | 19.86 | 20.72 | 21.57 |
| Woodie | 4.96 | 7.52 | 14.32 | 16.88 | 23.68 | 26.24 | 33.04 |
| Fibonacci | 6.81 | 10.39 | 12.60 | 16.17 | 19.75 | 21.96 | 25.53 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 38.59 | |
| MACD (12,26,9): | -0.3600 | |
| Directional Movement: | -15.44 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 24.70 | |
| Parabolic SAR (0,02-0,02-0,2): | 24.52 | |
| Elder Ray (13): | -0.13 | |
| Super Trend (3,10): | 25.61 | |
| Zig ZAG (10): | 25.01 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 37.24 | |
| TEMA (21): | 24.64 | |
| Williams %R (14): | -42.70 | |
| Chande Momentum Oscillator (20): | -0.07 | |
| Repulse (5,40,3): | 2.4300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2100 | |
| Courbe Coppock: | 3.95 |
| MA7: | 24.75 | |
| MA20: | 20.34 | |
| MA50: | 15.63 | |
| MA100: | 13.36 | |
| MAexp7: | 25.01 | |
| MAexp20: | 25.17 | |
| MAexp50: | 25.64 | |
| MAexp100: | 25.79 | |
| Price / MA7: | +1.94% | |
| Price / MA20: | +24.04% | |
| Price / MA50: | +61.42% | |
| Price / MA100: | +88.85% | |
| Price / MAexp7: | +0.88% | |
| Price / MAexp20: | +0.24% | |
| Price / MAexp50: | -1.60% | |
| Price / MAexp100: | -2.17% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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