CHAINLINK - LINK/USDT - 1H - Technical analysis published on 01/01/2025 (GMT)
- 123
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
56%
17%
28%
My opinion
Bearish under 20.09 USDT
My targets
18.79 USDT (-6.24%)
18.17 USDT (-9.33%)
My analysis
All elements being clearly 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 20.09 USDT. The next bearish objective for sellers is set at 18.79 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 18.17 USDT. If there is any crossing, the next objective would be the support located at 14.83 USDT. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
3.8
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 20.04 USDT. The price registered an increase of +0.00% on the session with the lowest point at 19.75 USDT and the highest point at 20.22 USDT. The deviation from the price is +1.47% for the low point and -0.89% for the high point.19.75
20.22
20.04
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CHAINLINK - LINK/USDT chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
The probability of a further increase are moderate given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12.96 | 14.83 | 18.79 | 20.04 | 21.10 | 21.68 | 22.32 |
| Change (%) | -35.33% | -26.00% | -6.24% | - | +5.29% | +8.18% | +11.38% |
| Change | -7.08 | -5.21 | -1.25 | - | +1.06 | +1.64 | +2.28 |
| Level | Major | Intermediate | Minor | - | Intermediate | Major | 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 | 18.39 | 19.15 | 19.59 | 20.35 | 20.79 | 21.55 | 21.99 |
| Camarilla | 19.71 | 19.82 | 19.93 | 20.04 | 20.15 | 20.26 | 20.37 |
| Woodie | 18.24 | 19.07 | 19.44 | 20.27 | 20.64 | 21.47 | 21.84 |
| Fibonacci | 19.15 | 19.61 | 19.89 | 20.35 | 20.81 | 21.09 | 21.55 |
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 | 3.10 | 10.77 | 15.41 | 23.08 | 27.72 | 35.39 | 40.03 |
| Camarilla | 16.66 | 17.78 | 18.91 | 20.04 | 21.17 | 22.30 | 23.43 |
| Woodie | 1.58 | 10.01 | 13.89 | 22.32 | 26.20 | 34.63 | 38.51 |
| Fibonacci | 10.77 | 15.48 | 18.38 | 23.08 | 27.79 | 30.69 | 35.39 |
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): | 45.54 | |
| MACD (12,26,9): | -0.1500 | |
| Directional Movement: | -8.56 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 19.89 | |
| Parabolic SAR (0,02-0,02-0,2): | 19.76 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 20.28 | |
| Zig ZAG (10): | 20.04 | |
| VORTEX (21): | 0.7600 | |
| Stochastique (14,3,5): | 50.35 | |
| TEMA (21): | 19.89 | |
| Williams %R (14): | -36.17 | |
| Chande Momentum Oscillator (20): | -0.13 | |
| Repulse (5,40,3): | 0.7000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1200 | |
| Courbe Coppock: | 1.77 |
| MA7: | 21.13 | |
| MA20: | 24.09 | |
| MA50: | 21.20 | |
| MA100: | 16.44 | |
| MAexp7: | 19.98 | |
| MAexp20: | 20.09 | |
| MAexp50: | 20.41 | |
| MAexp100: | 20.91 | |
| Price / MA7: | -5.16% | |
| Price / MA20: | -16.81% | |
| Price / MA50: | -5.47% | |
| Price / MA100: | +21.90% | |
| Price / MAexp7: | +0.30% | |
| Price / MAexp20: | -0.25% | |
| Price / MAexp50: | -1.81% | |
| Price / MAexp100: | -4.16% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis CHAINLINK - LINK/USDT - 1H