CHAINLINK - LINK/USDT
-
USDT
(-)
- Real time data - CoinMarketCap
| Open: | - |
| Change: | - |
| Volume: | - |
| Low: | - |
| High: | - |
| High / Low range: | - |
| Type: | Cryptocurrencies |
| Ticker: | LINKUSDT |
| ISIN: |
CHAINLINK - LINK/USDT - 1H - Technical analysis published on 01/02/2025 (GMT)
- 96
- 0
- 01/02/2025 - 08:05
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on 01/02/2025 - 08:05
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 21.68 USDT
My targets
23.02 USDT (+3.23%)
23.65 USDT (+6.05%)
My analysis
The bullish trend is currently very strong on CHAINLINK - LINK/USDT. As long as the price remains above the support at 21.68 USDT, you could try to benefit from the boom. The first bullish objective is located at 23.02 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 23.65 USDT as an objective. Crossing it would then enable buyers to target 24.65 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.5
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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 price is 22.30 USDT. The price has increased by +2.81% since the last closing with the lowest point at 21.72 USDT and the highest point at 22.33 USDT. The deviation from the price is +2.67% for the low point and -0.13% for the high point.21.72
22.33
22.30
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CHAINLINK - LINK/USDT indicates that the overall trend is strongly bullish. 85.71% 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 market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 20.15 | 21.10 | 21.68 | 22.30 | 22.32 | 23.65 | 24.65 |
| Change (%) | -9.64% | -5.38% | -2.78% | - | +0.09% | +6.05% | +10.54% |
| Change | -2.15 | -1.20 | -0.62 | - | +0.02 | +1.35 | +2.35 |
| Level | Minor | Major | Major | - | Intermediate | Intermediate | 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 | 18.28 | 19.02 | 20.35 | 21.09 | 22.42 | 23.16 | 24.49 |
| Camarilla | 21.12 | 21.31 | 21.50 | 21.69 | 21.88 | 22.07 | 22.26 |
| Woodie | 18.59 | 19.17 | 20.66 | 21.24 | 22.73 | 23.31 | 24.80 |
| Fibonacci | 19.02 | 19.81 | 20.30 | 21.09 | 21.88 | 22.37 | 23.16 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 69.17 | |
| MACD (12,26,9): | 0.4800 | |
| Directional Movement: | 37.39 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 22.05 | |
| Parabolic SAR (0,02-0,02-0,2): | 21.88 | |
| Elder Ray (13): | 0.45 | |
| Super Trend (3,10): | 21.50 | |
| Zig ZAG (10): | 22.09 | |
| VORTEX (21): | 1.4400 | |
| Stochastique (14,3,5): | 92.41 | |
| TEMA (21): | 22.37 | |
| Williams %R (14): | -10.81 | |
| Chande Momentum Oscillator (20): | 0.93 | |
| Repulse (5,40,3): | 0.2000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2900 | |
| Courbe Coppock: | 14.76 |
| MA7: | 21.28 | |
| MA20: | 23.83 | |
| MA50: | 21.40 | |
| MA100: | 16.56 | |
| MAexp7: | 21.99 | |
| MAexp20: | 21.46 | |
| MAexp50: | 21.01 | |
| MAexp100: | 21.11 | |
| Price / MA7: | +4.79% | |
| Price / MA20: | -6.42% | |
| Price / MA50: | +4.21% | |
| Price / MA100: | +34.66% | |
| Price / MAexp7: | +1.41% | |
| Price / MAexp20: | +3.91% | |
| Price / MAexp50: | +6.14% | |
| Price / MAexp100: | +5.64% |
Quotes :
01/02/2025 - 08:05
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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