CHAINLINK - LINK/USDT - 1H - Technical analysis published on 12/24/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
33%
17%
50%
My opinion
Bullish above 23.65 USDT
My targets
24.90 USDT (+3.45%)
26.09 USDT (+8.39%)
My analysis
CHAINLINK - LINK/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 23.65 USDT. The next resistance located at 24.90 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 26.09 USDT. After this resistance, buyers could then target 27.88 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.3
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This analysis was given by adhemar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CHAINLINK - LINK/USDT rating 24.07 USDT. The price registered a decrease of -1.68% on the session and was between 23.62 USDT and 24.57 USDT. This implies that the price is at +1.91% from its lowest and at -2.04% from its highest.23.62
24.57
24.07
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CHAINLINK - LINK/USDT:
Technical
Technical analysis of this 1H chart of CHAINLINK - LINK/USDT indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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 to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner found this result concerning these indicators:
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 21.68 | 22.71 | 23.65 | 24.07 | 24.90 | 26.09 | 27.88 |
| Change (%) | -9.93% | -5.65% | -1.74% | - | +3.45% | +8.39% | +15.83% |
| Change | -2.39 | -1.36 | -0.42 | - | +0.83 | +2.02 | +3.81 |
| Level | Major | Minor | Intermediate | - | Major | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 19.08 | 20.33 | 22.41 | 23.66 | 25.74 | 26.99 | 29.07 |
| Camarilla | 23.56 | 23.87 | 24.18 | 24.48 | 24.79 | 25.09 | 25.40 |
| Woodie | 19.49 | 20.54 | 22.82 | 23.87 | 26.15 | 27.20 | 29.48 |
| Fibonacci | 20.33 | 21.61 | 22.39 | 23.66 | 24.94 | 25.72 | 26.99 |
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 | 3.73 | 6.96 | 12.98 | 16.21 | 22.23 | 25.46 | 31.48 |
| Camarilla | 16.46 | 17.30 | 18.15 | 19.00 | 19.85 | 20.70 | 21.54 |
| Woodie | 5.13 | 7.66 | 14.38 | 16.91 | 23.63 | 26.16 | 32.88 |
| Fibonacci | 6.96 | 10.49 | 12.68 | 16.21 | 19.74 | 21.93 | 25.46 |
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): | 57.50 | |
| MACD (12,26,9): | 0.3400 | |
| Directional Movement: | 10.93 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 24.28 | |
| Parabolic SAR (0,02-0,02-0,2): | 23.32 | |
| Elder Ray (13): | 0.13 | |
| Super Trend (3,10): | 23.08 | |
| Zig ZAG (10): | 24.10 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 56.63 | |
| TEMA (21): | 24.37 | |
| Williams %R (14): | -63.08 | |
| Chande Momentum Oscillator (20): | -0.60 | |
| Repulse (5,40,3): | -0.1900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2500 | |
| Courbe Coppock: | 6.69 |
| MA7: | 23.42 | |
| MA20: | 25.29 | |
| MA50: | 19.84 | |
| MA100: | 15.59 | |
| MAexp7: | 24.08 | |
| MAexp20: | 23.81 | |
| MAexp50: | 23.33 | |
| MAexp100: | 23.48 | |
| Price / MA7: | +2.78% | |
| Price / MA20: | -4.82% | |
| Price / MA50: | +21.32% | |
| Price / MA100: | +54.39% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | +1.09% | |
| Price / MAexp50: | +3.17% | |
| Price / MAexp100: | +2.51% |
Quotes :
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Real time data
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