CHAINLINK - LINK/USDT - 15 min. - Technical analysis published on 12/23/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 24.31 USDT
My targets
25.53 USDT (+3.41%)
26.09 USDT (+5.67%)
My analysis
The bullish trend is currently very strong on CHAINLINK - LINK/USDT. As long as the price remains above the support at 24.31 USDT, you could try to benefit from the boom. The first bullish objective is located at 25.53 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 26.09 USDT as an objective. Crossing it would then enable buyers to target 26.90 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8
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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 24.69 USDT. On the day, this instrument gained +11.87% with the lowest point at 21.59 USDT and the highest point at 24.92 USDT. The deviation from the price is +14.36% for the low point and -0.92% for the high point.21.59
24.92
24.69
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CHAINLINK - LINK/USDT in 15 min. shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 15 minutes
Near support of triangle
Type : Bullish
Timeframe : 15 minutes
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Bullish doji star
Type : Bullish
Timeframe : 15 minutes
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 21.68 | 22.78 | 23.64 | 24.69 | 26.09 | 26.90 | 28.06 |
| Change (%) | -12.19% | -7.74% | -4.25% | - | +5.67% | +8.95% | +13.65% |
| Change | -3.01 | -1.91 | -1.05 | - | +1.40 | +2.21 | +3.37 |
| Level | Major | Minor | Minor | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.13 | 20.76 | 21.42 | 22.05 | 22.71 | 23.34 | 24.00 |
| Camarilla | 21.72 | 21.83 | 21.95 | 22.07 | 22.19 | 22.31 | 22.43 |
| Woodie | 20.14 | 20.77 | 21.43 | 22.06 | 22.72 | 23.35 | 24.01 |
| Fibonacci | 20.76 | 21.26 | 21.56 | 22.05 | 22.55 | 22.85 | 23.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.25 | 13.67 | 17.89 | 24.31 | 28.53 | 34.95 | 39.17 |
| Camarilla | 19.18 | 20.16 | 21.14 | 22.11 | 23.09 | 24.06 | 25.04 |
| Woodie | 6.15 | 13.12 | 16.79 | 23.76 | 27.43 | 34.40 | 38.07 |
| Fibonacci | 13.67 | 17.73 | 20.25 | 24.31 | 28.37 | 30.89 | 34.95 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 64.88 | |
| MACD (12,26,9): | 0.4800 | |
| Directional Movement: | 32.98 | |
| AROON (14): | 64.28 | |
| DEMA (21): | 24.18 | |
| Parabolic SAR (0,02-0,02-0,2): | 23.69 | |
| Elder Ray (13): | 0.40 | |
| Super Trend (3,10): | 23.98 | |
| Zig ZAG (10): | 24.26 | |
| VORTEX (21): | 1.3400 | |
| Stochastique (14,3,5): | 77.91 | |
| TEMA (21): | 24.53 | |
| Williams %R (14): | -28.29 | |
| Chande Momentum Oscillator (20): | 1.54 | |
| Repulse (5,40,3): | -0.8300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 14.73 |
| MA7: | 23.97 | |
| MA20: | 25.30 | |
| MA50: | 19.57 | |
| MA100: | 15.46 | |
| MAexp7: | 24.22 | |
| MAexp20: | 23.63 | |
| MAexp50: | 23.15 | |
| MAexp100: | 22.89 | |
| Price / MA7: | +3.00% | |
| Price / MA20: | -2.41% | |
| Price / MA50: | +26.16% | |
| Price / MA100: | +59.70% | |
| Price / MAexp7: | +1.94% | |
| Price / MAexp20: | +4.49% | |
| Price / MAexp50: | +6.65% | |
| Price / MAexp100: | +7.86% |
Quotes :
-
Real time data
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