CHAINLINK - LINK/USDT - 1H - Technical analysis published on 01/16/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 23.48 USDT
My targets
23.80 USDT (+1.10%)
25.37 USDT (+7.77%)
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 23.48 USDT. The buyers' bullish objective is set at 23.80 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 25.37 USDT. If there is any crossing, the next objective would be the resistance located at 29.48 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8
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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 rating is 23.54 USDT. The price registered an increase of +6.42% on the session with the lowest point at 21.35 USDT and the highest point at 23.60 USDT. The deviation from the price is +10.26% for the low point and -0.25% for the high point.21.35
23.60
23.54
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
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
A technical analysis in 1H of this CHAINLINK - LINK/USDT chart shows a strongly bullish trend. 92.86% 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 scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
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 these signals that could have an impact on the current short-term trend:
Upside gap
Type : Bullish
Timeframe : 1 hour
Bearish doji star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 20.68 | 21.28 | 21.68 | 23.54 | 23.80 | 25.37 | 29.48 |
| Change (%) | -12.15% | -9.60% | -7.90% | - | +1.10% | +7.77% | +25.23% |
| Change | -2.86 | -2.26 | -1.86 | - | +0.26 | +1.83 | +5.94 |
| Level | Major | Minor | Major | - | Minor | Minor | 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 | 18.80 | 19.47 | 20.79 | 21.46 | 22.78 | 23.45 | 24.77 |
| Camarilla | 21.57 | 21.76 | 21.94 | 22.12 | 22.30 | 22.49 | 22.67 |
| Woodie | 19.14 | 19.63 | 21.13 | 21.62 | 23.12 | 23.61 | 25.11 |
| Fibonacci | 19.47 | 20.23 | 20.70 | 21.46 | 22.22 | 22.69 | 23.45 |
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): | 70.66 | |
| MACD (12,26,9): | 0.5200 | |
| Directional Movement: | 23.58 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 22.86 | |
| Parabolic SAR (0,02-0,02-0,2): | 21.87 | |
| Elder Ray (13): | 0.82 | |
| Super Trend (3,10): | 22.10 | |
| Zig ZAG (10): | 23.59 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 86.17 | |
| TEMA (21): | 23.07 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 1.95 | |
| Repulse (5,40,3): | 5.3300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2700 | |
| Courbe Coppock: | 9.58 |
| MA7: | 20.79 | |
| MA20: | 21.43 | |
| MA50: | 23.04 | |
| MA100: | 17.95 | |
| MAexp7: | 22.81 | |
| MAexp20: | 22.18 | |
| MAexp50: | 21.41 | |
| MAexp100: | 20.89 | |
| Price / MA7: | +13.23% | |
| Price / MA20: | +9.85% | |
| Price / MA50: | +2.17% | |
| Price / MA100: | +31.14% | |
| Price / MAexp7: | +3.20% | |
| Price / MAexp20: | +6.13% | |
| Price / MAexp50: | +9.95% | |
| Price / MAexp100: | +12.69% |
Quotes :
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Real time data
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Cryptocompare
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