CHAINLINK - LINK/USD
CHAINLINK - LINK/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: LINKUSD
ISIN:

CHAINLINK - LINK/USD - 1H - Technical analysis published on 01/21/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 25.37 USD
My targets
26.89 USD (+5.04%)
29.22 USD (+14.14%)
My analysis
The basic bullish trend is very strong on CHAINLINK - LINK/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 25.37 USD. Crossing the first resistance at 26.89 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 29.22 USD as an objective. Caution, a return to below 25.37 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

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This analysis was given by adhemar. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

CHAINLINK - LINK/USD rating 25.60 USD. The price has increased by +2.20% since the last closing and was between 23.66 USD and 26.21 USD. This implies that the price is at +8.20% from its lowest and at -2.33% from its highest.

23.66
26.21
25.60

Here is a more detailed summary of the historical variations registered by CHAINLINK - LINK/USD:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in 1H of this CHAINLINK - LINK/USD chart shows a strongly bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 21.73 23.85 25.37 25.60 26.89 29.22
Change (%) -15.12% -6.84% -0.90% - +5.04% +14.14%
Change -3.87 -1.75 -0.23 - +1.29 +3.62
Level Major Major Major - Intermediate Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19.8121.6023.3225.1126.8328.6230.34
Camarilla24.0924.4124.7325.0525.3725.6926.02
Woodie19.7921.5823.3025.0926.8128.6030.32
Fibonacci21.6022.9423.7725.1126.4527.2828.62


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.5814.7119.4022.5327.2230.3535.04
Camarilla21.9322.6523.3624.0824.8025.5126.23
Woodie12.3515.1020.1722.9227.9930.7435.81
Fibonacci14.7117.7019.5522.5325.5227.3730.35


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.8912.2916.1323.5327.3734.7738.61
Camarilla16.8817.9118.9419.9721.0022.0323.06
Woodie3.1111.4014.3522.6425.5933.8836.83
Fibonacci12.2916.5819.2423.5327.8230.4834.77

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): 59.62
MACD (12,26,9): 0.0100
Directional Movement: 6.12
AROON (14): 50.00
DEMA (21): 24.87
Parabolic SAR (0,02-0,02-0,2): 23.71
Elder Ray (13): 1.01
Super Trend (3,10): 26.08
Zig ZAG (10): 26.07
VORTEX (21): 0.9900
Stochastique (14,3,5): 79.41
TEMA (21): 24.83
Williams %R (14): -4.80
Chande Momentum Oscillator (20): 1.07
Repulse (5,40,3): 6.7400
ROCnROLL: 1
TRIX (15,9): -0.0700
Courbe Coppock: 3.92
MA7: 24.25
MA20: 22.37
MA50: 23.52
MA100: 18.65
MAexp7: 25.08
MAexp20: 24.90
MAexp50: 24.79
MAexp100: 24.28
Price / MA7: +5.57%
Price / MA20: +14.44%
Price / MA50: +8.84%
Price / MA100: +37.27%
Price / MAexp7: +2.07%
Price / MAexp20: +2.81%
Price / MAexp50: +3.27%
Price / MAexp100: +5.44%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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