CHAINLINK - LINK/USDT

- USDT (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	LINKUSDT
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CHAINLINK - LINK/USDT - 15 min. - Technical analysis published on 12/24/2024 (GMT)

Londinia

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Timeframe : 15 min.
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 24.31 USDT

My targets

26.99 USDT (+4.95%)

29.07 USDT (+13.01%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CHAINLINK - LINK/USDT as long as the price remains well above 24.31 USDT. The buyers' bullish objective is set at 26.99 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 29.07 USDT. If there is any crossing, the next objective would be the resistance located at 29.48 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.6

Comment on the analysis

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.

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 25.72 USDT. The price registered an increase of +5.07% on the session with the lowest point at 23.62 USDT and the highest point at 25.75 USDT. The deviation from the price is +8.89% for the low point and -0.12% for the high point.

23.62

25.75

25.72

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 15 min. of this CHAINLINK - LINK/USDT chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 15 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 15 minutes

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 15 minutes

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : 15 minutes

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	22.71	23.65	24.90	25.72	26.09	27.88	29.48
Change (%)	-11.70%	-8.05%	-3.19%	-	+1.44%	+8.40%	+14.62%
Change	-3.01	-2.07	-0.82	-	+0.37	+2.16	+3.76
Level	Minor	Intermediate	Major	-	Minor	Minor	Major

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):	58.69
MACD (12,26,9):	0.1700
Directional Movement:	23.34
AROON (14):	92.86
DEMA (21):	25.10
Parabolic SAR (0,02-0,02-0,2):	24.77
Elder Ray (13):	0.11
Super Trend (3,10):	25.25
Zig ZAG (10):	25.01
VORTEX (21):	1.0800
Stochastique (14,3,5):	68.98
TEMA (21):	25.14
Williams %R (14):	-41.98
Chande Momentum Oscillator (20):	0.19
Repulse (5,40,3):	-0.0100
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	3.59

MA7:	23.58
MA20:	25.32
MA50:	19.86
MA100:	15.60
MAexp7:	25.09
MAexp20:	24.88
MAexp50:	24.59
MAexp100:	24.22
Price / MA7:	+9.08%
Price / MA20:	+1.58%
Price / MA50:	+29.51%
Price / MA100:	+64.87%
Price / MAexp7:	+2.51%
Price / MAexp20:	+3.38%
Price / MAexp50:	+4.60%
Price / MAexp100:	+6.19%

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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