CHAINLINK - LINK/USDT

- USDT (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	LINKUSDT
ISIN:

CHAINLINK - LINK/USDT - 15 min. - Technical analysis published on 12/29/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Bearish

Underlying: Bearish

Technical indicators

61%

33%

My opinion

Bearish under 21.81 USDT

My targets

21.30 USDT (-1.25%)

20.59 USDT (-4.54%)

My analysis

All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on CHAINLINK - LINK/USDT as long as the price remains well below 21.81 USDT. The next bearish objective for sellers is set at 21.30 USDT. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 20.59 USDT. If there is any crossing, the next objective would be the support located at 20.08 USDT. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

5.7

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

CHAINLINK - LINK/USDT rating 21.57 USDT. The price registered a decrease of -2.00% on the session with the lowest point at 21.57 USDT and the highest point at 22.01 USDT. The deviation from the price is 0% for the low point and -2.00% for the high point.

21.57

22.01

21.57

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

Here is a more detailed summary of the historical variations registered by CHAINLINK - LINK/USDT:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of CHAINLINK - LINK/USDT in 15 min. shows an overall bearish trend. The signals given by moving averages are at 75.00% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 15 minutes

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Bullish harami

Type : Bullish

Timeframe : 15 minutes

Bullish doji star

Type : Bullish

Timeframe : 15 minutes

Doji

Type : Neutral

Timeframe : 15 minutes

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12.96	14.83	20.09	21.57	21.68	22.51	23.65
Change (%)	-39.92%	-31.25%	-6.86%	-	+0.51%	+4.36%	+9.64%
Change	-8.61	-6.74	-1.48	-	+0.11	+0.94	+2.08
Level	Intermediate	Minor	Minor	-	Major	Intermediate	Intermediate

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	20.08	20.59	21.30	21.81	22.52	23.03	23.74
Camarilla	21.68	21.79	21.90	22.01	22.12	22.23	22.35
Woodie	20.18	20.64	21.40	21.86	22.62	23.08	23.84
Fibonacci	20.59	21.06	21.34	21.81	22.28	22.56	23.03

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.24	18.17	20.09	23.02	24.94	27.87	29.79
Camarilla	20.68	21.12	21.57	22.01	22.46	22.90	23.34
Woodie	14.74	17.92	19.59	22.77	24.44	27.62	29.29
Fibonacci	18.17	20.02	21.17	23.02	24.87	26.02	27.87

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.93	10.32	14.66	17.05	21.39	23.78	28.12
Camarilla	17.15	17.77	18.38	19.00	19.62	20.23	20.85
Woodie	8.91	10.81	15.64	17.54	22.37	24.27	29.10
Fibonacci	10.32	12.89	14.48	17.05	19.62	21.21	23.78

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):	41.86
MACD (12,26,9):	-0.0400
Directional Movement:	-1.24
AROON (14):	-35.71
DEMA (21):	21.64
Parabolic SAR (0,02-0,02-0,2):	21.79
Elder Ray (13):	-0.03
Super Trend (3,10):	21.75
Zig ZAG (10):	21.63
VORTEX (21):	1.0000
Stochastique (14,3,5):	20.95
TEMA (21):	21.63
Williams %R (14):	-82.86
Chande Momentum Oscillator (20):	-0.20
Repulse (5,40,3):	-0.0900
ROCnROLL:	2
TRIX (15,9):	-0.0200
Courbe Coppock:	1.14

MA7:	23.18
MA20:	24.86
MA50:	20.86
MA100:	16.18
MAexp7:	21.65
MAexp20:	21.68
MAexp50:	21.73
MAexp100:	21.76
Price / MA7:	-6.95%
Price / MA20:	-13.23%
Price / MA50:	+3.40%
Price / MA100:	+33.31%
Price / MAexp7:	-0.37%
Price / MAexp20:	-0.51%
Price / MAexp50:	-0.74%
Price / MAexp100:	-0.87%

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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