CHAINLINK - LINK/USDT - 1H - Technical analysis published on 01/31/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above 23.80 USDT
My targets
24.76 USDT (+1.10%)
26.59 USDT (+8.57%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CHAINLINK - LINK/USDT. As long as you are above the support located at 23.80 USDT, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 24.76 USDT would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 26.59 USDT as an objective. Crossing it would then enable buyers to target 26.97 USDT. If the support 23.80 USDT were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
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 24.49 USDT. The price has increased by +0.00% since the last closing and was between 24.35 USDT and 24.57 USDT. This implies that the price is at +0.57% from its lowest and at -0.33% from its highest.24.35
24.57
24.49
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
Here is a more detailed summary of the historical variations registered by CHAINLINK - LINK/USDT:
Technical
Technical analysis of this 1H chart of CHAINLINK - LINK/USDT indicates that the overall trend is bullish. 67.86% 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 scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, only 8 technical indicators out of 18 studied are currently bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 22.43 | 22.86 | 23.80 | 24.49 | 24.76 | 26.59 | 26.97 |
Change (%) | -8.41% | -6.66% | -2.82% | - | +1.10% | +8.57% | +10.13% |
Change | -2.06 | -1.63 | -0.69 | - | +0.27 | +2.10 | +2.48 |
Level | Intermediate | Minor | Major | - | Intermediate | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 21.94 | 22.71 | 23.60 | 24.37 | 25.26 | 26.03 | 26.92 |
Camarilla | 24.03 | 24.19 | 24.34 | 24.49 | 24.64 | 24.79 | 24.95 |
Woodie | 22.00 | 22.74 | 23.66 | 24.40 | 25.32 | 26.06 | 26.98 |
Fibonacci | 22.71 | 23.34 | 23.74 | 24.37 | 25.00 | 25.40 | 26.03 |
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): | 53.39 | |
MACD (12,26,9): | 0.1800 | |
Directional Movement: | 7.20 | |
AROON (14): | 21.42 | |
DEMA (21): | 24.79 | |
Parabolic SAR (0,02-0,02-0,2): | 24.97 | |
Elder Ray (13): | -0.07 | |
Super Trend (3,10): | 24.18 | |
Zig ZAG (10): | 24.50 | |
VORTEX (21): | 1.1000 | |
Stochastique (14,3,5): | 30.74 | |
TEMA (21): | 24.76 | |
Williams %R (14): | -72.22 | |
Chande Momentum Oscillator (20): | 0.05 | |
Repulse (5,40,3): | -0.7900 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.1700 | |
Courbe Coppock: | 1.09 |
MA7: | 24.15 | |
MA20: | 23.76 | |
MA50: | 23.55 | |
MA100: | 19.96 | |
MAexp7: | 24.56 | |
MAexp20: | 24.51 | |
MAexp50: | 24.17 | |
MAexp100: | 24.15 | |
Price / MA7: | +1.41% | |
Price / MA20: | +3.07% | |
Price / MA50: | +3.99% | |
Price / MA100: | +22.70% | |
Price / MAexp7: | -0.29% | |
Price / MAexp20: | -0.08% | |
Price / MAexp50: | +1.32% | |
Price / MAexp100: | +1.41% |
Quotes :
-
Real time data
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CoinMarketCap
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