CHAINLINK - LINK/USDT - 15 min. - Technical analysis published on 12/13/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 28.24 USDT
My targets
27.47 USDT (-1.35%)
25.59 USDT (-8.13%)
My analysis
The bearish trend is currently very strong for CHAINLINK - LINK/USDT. As long as the price remains below the resistance at 28.24 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 27.47 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 25.59 USDT as an objective. Crossing it would then enable sellers to target 22.06 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.4
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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 rating is 27.85 USDT. On the day, this instrument lost -4.33% and was traded between 27.65 USDT and 30.76 USDT over the period. The price is currently at +0.72% from its lowest and -9.46% from its highest.27.65
30.76
27.85
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
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 a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from 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 has recently detected several signals:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Downside gap
Type : Bearish
Timeframe : 15 minutes
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 23.15 | 25.21 | 27.38 | 27.85 | 29.36 |
| Change (%) | -16.88% | -9.48% | -1.69% | - | +5.42% |
| Change | -4.70 | -2.64 | -0.47 | - | +1.51 |
| Level | Intermediate | Major | Intermediate | - | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.18 | 22.06 | 25.59 | 27.47 | 31.00 | 32.88 | 36.41 |
| Camarilla | 27.62 | 28.12 | 28.61 | 29.11 | 29.61 | 30.10 | 30.60 |
| Woodie | 21.00 | 22.47 | 26.41 | 27.88 | 31.82 | 33.29 | 37.23 |
| Fibonacci | 22.06 | 24.13 | 25.41 | 27.47 | 29.54 | 30.82 | 32.88 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 38.68 | |
| MACD (12,26,9): | -0.1300 | |
| Directional Movement: | -16.41 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 27.87 | |
| Parabolic SAR (0,02-0,02-0,2): | 27.69 | |
| Elder Ray (13): | -0.17 | |
| Super Trend (3,10): | 28.22 | |
| Zig ZAG (10): | 27.82 | |
| VORTEX (21): | 0.8300 | |
| Stochastique (14,3,5): | 38.98 | |
| TEMA (21): | 27.89 | |
| Williams %R (14): | -64.71 | |
| Chande Momentum Oscillator (20): | 0.01 | |
| Repulse (5,40,3): | -0.5700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 0.67 |
| MA7: | 25.20 | |
| MA20: | 22.21 | |
| MA50: | 16.71 | |
| MA100: | 13.95 | |
| MAexp7: | 27.94 | |
| MAexp20: | 28.05 | |
| MAexp50: | 28.29 | |
| MAexp100: | 28.23 | |
| Price / MA7: | +10.52% | |
| Price / MA20: | +25.39% | |
| Price / MA50: | +66.67% | |
| Price / MA100: | +99.64% | |
| Price / MAexp7: | -0.32% | |
| Price / MAexp20: | -0.71% | |
| Price / MAexp50: | -1.56% | |
| Price / MAexp100: | -1.35% |
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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