CHAINLINK - LINK/USDT - 1H - Technical analysis published on 01/28/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 24.76 USDT
My targets
23.80 USDT (-1.16%)
22.86 USDT (-5.07%)
My analysis
Has the basic bearish 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 bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 24.76 USDT remains possible. It is advisable to trade CHAINLINK - LINK/USDT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 24.76 USDT. The next bearish objective for sellers is set at 23.80 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 22.86 USDT. In case of crossing, the next objective would be the support located at 22.25 USDT. PS: if there is a bullish break in the resistance located at 24.76 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.3
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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 24.08 USDT. On the day, this instrument lost -0.08% and was traded between 23.83 USDT and 24.62 USDT over the period. The price is currently at +1.05% from its lowest and -2.19% from its highest.23.83
24.62
24.08
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CHAINLINK - LINK/USDT:
Technical
Technical analysis of CHAINLINK - LINK/USDT in 1H shows an overall bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by 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 does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 22.25 | 22.86 | 23.80 | 24.08 | 24.76 | 25.37 | 26.37 |
| Change (%) | -7.60% | -5.07% | -1.16% | - | +2.82% | +5.36% | +9.51% |
| Change | -1.83 | -1.22 | -0.28 | - | +0.68 | +1.29 | +2.29 |
| Level | Major | Minor | Major | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.72 | 20.99 | 22.54 | 23.81 | 25.36 | 26.63 | 28.18 |
| Camarilla | 23.33 | 23.58 | 23.84 | 24.10 | 24.36 | 24.62 | 24.88 |
| Woodie | 19.87 | 21.06 | 22.69 | 23.88 | 25.51 | 26.70 | 28.33 |
| Fibonacci | 20.99 | 22.06 | 22.73 | 23.81 | 24.88 | 25.55 | 26.63 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.76 | 20.04 | 22.48 | 24.76 | 27.20 | 29.48 | 31.92 |
| Camarilla | 23.63 | 24.07 | 24.50 | 24.93 | 25.36 | 25.80 | 26.23 |
| Woodie | 17.85 | 20.08 | 22.57 | 24.80 | 27.29 | 29.52 | 32.01 |
| Fibonacci | 20.04 | 21.84 | 22.95 | 24.76 | 26.56 | 27.67 | 29.48 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.51 | 12.71 | 16.37 | 23.57 | 27.23 | 34.43 | 38.09 |
| Camarilla | 17.05 | 18.05 | 19.05 | 20.04 | 21.04 | 22.03 | 23.03 |
| Woodie | 3.75 | 11.83 | 14.61 | 22.69 | 25.47 | 33.55 | 36.33 |
| Fibonacci | 12.71 | 16.86 | 19.42 | 23.57 | 27.72 | 30.28 | 34.43 |
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): | 49.95 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 3.94 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 24.04 | |
| Parabolic SAR (0,02-0,02-0,2): | 23.67 | |
| Elder Ray (13): | -0.05 | |
| Super Trend (3,10): | 23.41 | |
| Zig ZAG (10): | 24.01 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 36.84 | |
| TEMA (21): | 24.26 | |
| Williams %R (14): | -75.95 | |
| Chande Momentum Oscillator (20): | -0.08 | |
| Repulse (5,40,3): | -0.4900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 4.43 |
| MA7: | 24.87 | |
| MA20: | 23.20 | |
| MA50: | 23.63 | |
| MA100: | 19.60 | |
| MAexp7: | 24.09 | |
| MAexp20: | 24.02 | |
| MAexp50: | 24.19 | |
| MAexp100: | 24.52 | |
| Price / MA7: | -3.18% | |
| Price / MA20: | +3.79% | |
| Price / MA50: | +1.90% | |
| Price / MA100: | +22.86% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | +0.25% | |
| Price / MAexp50: | -0.45% | |
| Price / MAexp100: | -1.79% |
Quotes :
-
Real time data
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CoinMarketCap
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