CHAINLINK - LINK/USDT - 1H - Technical analysis published on 01/15/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 19.86 USDT
My targets
20.68 USDT (+1.87%)
21.68 USDT (+6.80%)
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 19.86 USDT. The buyers' bullish objective is set at 20.68 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 21.68 USDT. If there is any crossing, the next objective would be the resistance located at 23.80 USDT.
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
5.7
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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 20.30 USDT. The price registered a decrease of -0.10% on the session and was traded between 20.29 USDT and 20.46 USDT over the period. The price is currently at +0.05% from its lowest and -0.78% from its highest.20.29
20.46
20.30
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CHAINLINK - LINK/USDT:
Technical
A technical analysis in 1H of this CHAINLINK - LINK/USDT chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 11 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 18.07 | 18.79 | 19.86 | 20.30 | 20.68 | 21.68 | 23.80 |
Change (%) | -10.99% | -7.44% | -2.17% | - | +1.87% | +6.80% | +17.24% |
Change | -2.23 | -1.51 | -0.44 | - | +0.38 | +1.38 | +3.50 |
Level | Minor | Major | Intermediate | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 18.39 | 18.84 | 19.58 | 20.03 | 20.77 | 21.22 | 21.96 |
Camarilla | 19.99 | 20.10 | 20.21 | 20.32 | 20.43 | 20.54 | 20.65 |
Woodie | 18.54 | 18.91 | 19.73 | 20.10 | 20.92 | 21.29 | 22.11 |
Fibonacci | 18.84 | 19.30 | 19.58 | 20.03 | 20.49 | 20.77 | 21.22 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 12.68 | 15.96 | 18.08 | 21.36 | 23.48 | 26.76 | 28.88 |
Camarilla | 18.72 | 19.21 | 19.71 | 20.20 | 20.70 | 21.19 | 21.69 |
Woodie | 12.10 | 15.67 | 17.50 | 21.07 | 22.90 | 26.47 | 28.30 |
Fibonacci | 15.96 | 18.02 | 19.30 | 21.36 | 23.42 | 24.70 | 26.76 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 60.77 | |
MACD (12,26,9): | 0.2400 | |
Directional Movement: | 19.91 | |
AROON (14): | 78.57 | |
DEMA (21): | 20.41 | |
Parabolic SAR (0,02-0,02-0,2): | 20.29 | |
Elder Ray (13): | 0.09 | |
Super Trend (3,10): | 19.78 | |
Zig ZAG (10): | 20.30 | |
VORTEX (21): | 1.1700 | |
Stochastique (14,3,5): | 77.11 | |
TEMA (21): | 20.53 | |
Williams %R (14): | -25.37 | |
Chande Momentum Oscillator (20): | 0.20 | |
Repulse (5,40,3): | -0.1800 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.2000 | |
Courbe Coppock: | 4.43 |
MA7: | 20.00 | |
MA20: | 21.27 | |
MA50: | 22.91 | |
MA100: | 17.80 | |
MAexp7: | 20.31 | |
MAexp20: | 20.09 | |
MAexp50: | 19.82 | |
MAexp100: | 19.92 | |
Price / MA7: | +1.50% | |
Price / MA20: | -4.56% | |
Price / MA50: | -11.39% | |
Price / MA100: | +14.04% | |
Price / MAexp7: | -0.05% | |
Price / MAexp20: | +1.05% | |
Price / MAexp50: | +2.42% | |
Price / MAexp100: | +1.91% |
Quotes :
-
Real time data
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About author
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…
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