CHAINLINK (X100) - LINK/BTC
0.024338
BTC
(-1.94%)
12/19/2024 - 14:22
Open Real time data - Cryptocompare
Open: | 0.024830 |
Change: | -0.000482 |
Volume: | 14,790 |
Low: | 0.023612 |
High: | 0.025067 |
High / Low range: | 0.001455 |
Type: | Cryptocurrencies |
Ticker: | LINKBTC |
ISIN: |
CHAINLINK (X100) - LINK/BTC - Weekly - Technical analysis published on 02/03/2022 (GMT)
- 225
- 0
- 02/03/2022 - 07:23
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- Timeframe : Weekly
- - Analysis generated on 02/03/2022 - 07:23
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 0.053006 BTC
My targets
0.037399 BTC (-12.12%)
0.024437 BTC (-42.58%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CHAINLINK (X100) - LINK/BTC as long as the price remains well below 0.053006 BTC. The sellers' bearish objective is set at 0.037399 BTC. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.024437 BTC. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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This analysis was given by sprangs. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHAINLINK (X100) - LINK/BTC rating is 0.042558 BTC. The price registered a decrease of -0.50% over 5 days and has been traded over the last 5 days between 0.042434 BTC and 0.047379 BTC. This implies that the 5 day price is +0.29% from its lowest point and -10.18% from its highest point.0.042434
0.047379
0.042558
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 (X100) - LINK/BTC:
Technical
Technical analysis of CHAINLINK (X100) - LINK/BTC in Weekly shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : Weekly
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : Weekly
ProTrendLines
S2
S1
R1
R2
R3
Price
S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|
ProTrendLines | 0.024437 | 0.037399 | 0.042558 | 0.053006 | 0.066123 | 0.099301 |
Change (%) | -42.58% | -12.12% | - | +24.55% | +55.37% | +133.33% |
Change | -0.018121 | -0.005159 | - | +0.010448 | +0.023565 | +0.056743 |
Level | Minor | Major | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.039314 | 0.040924 | 0.041853 | 0.043463 | 0.044392 | 0.046002 | 0.046931 |
Camarilla | 0.042085 | 0.042318 | 0.042550 | 0.042783 | 0.043016 | 0.043249 | 0.043481 |
Woodie | 0.038975 | 0.040754 | 0.041514 | 0.043293 | 0.044053 | 0.045832 | 0.046592 |
Fibonacci | 0.040924 | 0.041894 | 0.042493 | 0.043463 | 0.044433 | 0.045032 | 0.046002 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.033290 | 0.036667 | 0.039587 | 0.042964 | 0.045884 | 0.049261 | 0.052181 |
Camarilla | 0.040774 | 0.041352 | 0.041929 | 0.042506 | 0.043083 | 0.043661 | 0.044238 |
Woodie | 0.033061 | 0.036553 | 0.039358 | 0.042850 | 0.045655 | 0.049147 | 0.051952 |
Fibonacci | 0.036667 | 0.039073 | 0.040559 | 0.042964 | 0.045370 | 0.046856 | 0.049261 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.005622 | 0.022834 | 0.033743 | 0.050955 | 0.061864 | 0.079076 | 0.089985 |
Camarilla | 0.036920 | 0.039498 | 0.042075 | 0.044653 | 0.047231 | 0.049809 | 0.052386 |
Woodie | 0.002472 | 0.021258 | 0.030593 | 0.049379 | 0.058714 | 0.077500 | 0.086835 |
Fibonacci | 0.022834 | 0.033576 | 0.040212 | 0.050955 | 0.061697 | 0.068333 | 0.079076 |
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): | 43.88 | |
MACD (12,26,9): | -0.0026 | |
Directional Movement: | -1.510338 | |
AROON (14): | 42.857143 | |
DEMA (21): | 0.045635 | |
Parabolic SAR (0,02-0,02-0,2): | 0.067604 | |
Elder Ray (13): | -0.003287 | |
Super Trend (3,10): | 0.066510 | |
Zig ZAG (10): | 0.042479 | |
VORTEX (21): | 0.9305 | |
Stochastique (14,3,5): | 24.62 | |
TEMA (21): | 0.046020 | |
Williams %R (14): | -78.80 | |
Chande Momentum Oscillator (20): | -0.009052 | |
Repulse (5,40,3): | -21.6736 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.7788 | |
Courbe Coppock: | 8.94 |
MA7: | 0.043713 | |
MA20: | 0.047057 | |
MA50: | 0.048386 | |
MA100: | 0.047542 | |
MAexp7: | 0.047100 | |
MAexp20: | 0.049316 | |
MAexp50: | 0.054115 | |
MAexp100: | 0.053185 | |
Price / MA7: | -2.64% | |
Price / MA20: | -9.56% | |
Price / MA50: | -12.04% | |
Price / MA100: | -10.48% | |
Price / MAexp7: | -9.64% | |
Price / MAexp20: | -13.70% | |
Price / MAexp50: | -21.36% | |
Price / MAexp100: | -19.98% |
Quotes :
02/03/2022 - 07:22
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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