CHAINLINK - LINK/USDT - 1H - Technical analysis published on 01/16/2025 (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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 21.68 USDT
My targets
23.80 USDT (+3.61%)
25.37 USDT (+10.45%)
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 21.68 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.
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
CHAINLINK - LINK/USDT rating 22.97 USDT. The price registered an increase of +3.84% on the session and was between 21.35 USDT and 23.69 USDT. This implies that the price is at +7.59% from its lowest and at -3.04% from its highest.21.35
23.69
22.97
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
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 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.
In fact, 11 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
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 | 22.97 | 23.80 | 25.37 | 29.48 |
| Change (%) | -9.97% | -7.36% | -5.62% | - | +3.61% | +10.45% | +28.34% |
| Change | -2.29 | -1.69 | -1.29 | - | +0.83 | +2.40 | +6.51 |
| 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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 60.12 | |
| MACD (12,26,9): | 0.5400 | |
| Directional Movement: | 13.96 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 23.43 | |
| Parabolic SAR (0,02-0,02-0,2): | 22.89 | |
| Elder Ray (13): | 0.16 | |
| Super Trend (3,10): | 22.42 | |
| Zig ZAG (10): | 23.08 | |
| VORTEX (21): | 1.1800 | |
| Stochastique (14,3,5): | 82.19 | |
| TEMA (21): | 23.54 | |
| Williams %R (14): | -27.35 | |
| Chande Momentum Oscillator (20): | 0.88 | |
| Repulse (5,40,3): | -1.6800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3500 | |
| Courbe Coppock: | 14.24 |
| MA7: | 20.74 | |
| MA20: | 21.43 | |
| MA50: | 23.04 | |
| MA100: | 17.95 | |
| MAexp7: | 23.21 | |
| MAexp20: | 22.72 | |
| MAexp50: | 21.83 | |
| MAexp100: | 21.17 | |
| Price / MA7: | +10.75% | |
| Price / MA20: | +7.19% | |
| Price / MA50: | -0.30% | |
| Price / MA100: | +27.97% | |
| Price / MAexp7: | -1.03% | |
| Price / MAexp20: | +1.10% | |
| Price / MAexp50: | +5.22% | |
| Price / MAexp100: | +8.50% |
Quotes :
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Real time data
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