CHAINLINK - LINK/USDT - 1H - Technical analysis published on 01/19/2025 (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
67%
0%
33%
My opinion
Bullish above 24.35 USDT
My targets
25.37 USDT (+0.75%)
27.14 USDT (+7.77%)
My analysis
CHAINLINK - LINK/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 24.35 USDT. The next resistance located at 25.37 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 27.14 USDT. After this resistance, buyers could then target 29.48 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2
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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 25.18 USDT. On the day, this instrument gained +4.31% and was traded between 22.31 USDT and 26.59 USDT over the period. The price is currently at +12.86% from its lowest and -5.30% from its highest.22.31
26.59
25.18
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CHAINLINK - LINK/USDT:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CHAINLINK - LINK/USDT indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bearish divergence
Type : Bearish
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 : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 21.68 | 23.80 | 24.35 | 25.18 | 25.37 | 29.48 |
| Change (%) | -13.90% | -5.48% | -3.30% | - | +0.75% | +17.08% |
| Change | -3.50 | -1.38 | -0.83 | - | +0.19 | +4.30 |
| Level | Major | Intermediate | Intermediate | - | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.06 | 22.26 | 23.20 | 24.40 | 25.34 | 26.54 | 27.48 |
| Camarilla | 23.55 | 23.75 | 23.94 | 24.14 | 24.34 | 24.53 | 24.73 |
| Woodie | 20.93 | 22.20 | 23.07 | 24.34 | 25.21 | 26.48 | 27.35 |
| Fibonacci | 22.26 | 23.08 | 23.58 | 24.40 | 25.22 | 25.72 | 26.54 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.08 | 15.07 | 19.61 | 22.60 | 27.14 | 30.13 | 34.67 |
| Camarilla | 22.07 | 22.76 | 23.45 | 24.14 | 24.83 | 25.52 | 26.21 |
| Woodie | 12.85 | 15.46 | 20.38 | 22.99 | 27.91 | 30.52 | 35.44 |
| Fibonacci | 15.07 | 17.95 | 19.73 | 22.60 | 25.48 | 27.26 | 30.13 |
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): | 65.54 | |
| MACD (12,26,9): | 0.6800 | |
| Directional Movement: | 18.58 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 25.66 | |
| Parabolic SAR (0,02-0,02-0,2): | 23.83 | |
| Elder Ray (13): | 1.00 | |
| Super Trend (3,10): | 24.80 | |
| Zig ZAG (10): | 26.34 | |
| VORTEX (21): | 1.2100 | |
| Stochastique (14,3,5): | 91.59 | |
| TEMA (21): | 26.25 | |
| Williams %R (14): | -7.24 | |
| Chande Momentum Oscillator (20): | 3.20 | |
| Repulse (5,40,3): | 1.2500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1900 | |
| Courbe Coppock: | 21.53 |
| MA7: | 22.91 | |
| MA20: | 22.03 | |
| MA50: | 23.44 | |
| MA100: | 18.38 | |
| MAexp7: | 25.91 | |
| MAexp20: | 24.94 | |
| MAexp50: | 24.31 | |
| MAexp100: | 23.56 | |
| Price / MA7: | +9.91% | |
| Price / MA20: | +14.30% | |
| Price / MA50: | +7.42% | |
| Price / MA100: | +37.00% | |
| Price / MAexp7: | -2.82% | |
| Price / MAexp20: | +0.96% | |
| Price / MAexp50: | +3.58% | |
| Price / MAexp100: | +6.88% |
Quotes :
-
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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