CHAINLINK - LINK/USDT - 1H - Technical analysis published on 01/15/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
33%
33%
33%
My opinion
Bullish above 19.24 USDT
My targets
20.47 USDT (+1.04%)
21.68 USDT (+7.01%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 19.24 USDT remains possible. It is advisable to trade CHAINLINK - LINK/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 19.24 USDT. The next bullish objective for buyers is set at 20.47 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. PS: if there is a bearish break in the support located at 19.24 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.4
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Additional analysis
Quotes
CHAINLINK - LINK/USDT rating 20.26 USDT. On the day, this instrument lost -0.30% and was between 20.25 USDT and 20.96 USDT. This implies that the price is at +0.05% from its lowest and at -3.34% from its highest.20.25
20.96
20.26
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of CHAINLINK - LINK/USDT in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 6 are bullish, 6 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
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 | 19.24 | 20.26 | 20.47 | 21.68 | 23.80 |
| Change (%) | -10.81% | -7.26% | -5.03% | - | +1.04% | +7.01% | +17.47% |
| Change | -2.19 | -1.47 | -1.02 | - | +0.21 | +1.42 | +3.54 |
| Level | Minor | Intermediate | Intermediate | - | Major | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 56.34 | |
| MACD (12,26,9): | 0.1900 | |
| Directional Movement: | 12.83 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 20.62 | |
| Parabolic SAR (0,02-0,02-0,2): | 20.96 | |
| Elder Ray (13): | -0.06 | |
| Super Trend (3,10): | 20.17 | |
| Zig ZAG (10): | 20.45 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 35.72 | |
| TEMA (21): | 20.63 | |
| Williams %R (14): | -69.86 | |
| Chande Momentum Oscillator (20): | -0.01 | |
| Repulse (5,40,3): | -0.5000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1700 | |
| Courbe Coppock: | 2.30 |
| MA7: | 20.02 | |
| MA20: | 21.27 | |
| MA50: | 22.92 | |
| MA100: | 17.81 | |
| MAexp7: | 20.48 | |
| MAexp20: | 20.34 | |
| MAexp50: | 20.03 | |
| MAexp100: | 20.03 | |
| Price / MA7: | +1.20% | |
| Price / MA20: | -4.75% | |
| Price / MA50: | -11.61% | |
| Price / MA100: | +13.76% | |
| Price / MAexp7: | -1.07% | |
| Price / MAexp20: | -0.39% | |
| Price / MAexp50: | +1.15% | |
| Price / MAexp100: | +1.15% |
Quotes :
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Real time data
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