CHAINLINK - LINK/USD - 1H - Technical analysis published on 01/31/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 24.71 USD
My targets
25.19 USD (+0.96%)
25.86 USD (+3.65%)
My analysis
CHAINLINK - LINK/USD 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 24.71 USD. The next resistance located at 25.19 USD 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 25.86 USD. After this resistance, buyers could then target 26.68 USD. 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, 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
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/USD rating 24.95 USD. The price registered an increase of +2.00% on the session with the lowest point at 24.13 USD and the highest point at 25.37 USD. The deviation from the price is +3.40% for the low point and -1.66% for the high point.24.13
25.37
24.95
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of CHAINLINK - LINK/USD in 1H shows a strongly overall bullish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 23.85 | 24.20 | 24.71 | 24.95 | 25.19 | 25.86 | 26.68 |
| Change (%) | -4.41% | -3.01% | -0.96% | - | +0.96% | +3.65% | +6.93% |
| Change | -1.10 | -0.75 | -0.24 | - | +0.24 | +0.91 | +1.73 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Minor | Major |
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 | 21.72 | 22.57 | 23.51 | 24.36 | 25.30 | 26.15 | 27.09 |
| Camarilla | 23.97 | 24.13 | 24.30 | 24.46 | 24.62 | 24.79 | 24.95 |
| Woodie | 21.78 | 22.59 | 23.57 | 24.38 | 25.36 | 26.17 | 27.15 |
| Fibonacci | 22.57 | 23.25 | 23.67 | 24.36 | 25.04 | 25.46 | 26.15 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.28 | 19.72 | 22.32 | 24.76 | 27.36 | 29.80 | 32.40 |
| Camarilla | 23.53 | 24.00 | 24.46 | 24.92 | 25.38 | 25.84 | 26.31 |
| Woodie | 17.36 | 19.76 | 22.40 | 24.80 | 27.44 | 29.84 | 32.48 |
| Fibonacci | 19.72 | 21.65 | 22.84 | 24.76 | 26.69 | 27.88 | 29.80 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.06 | 12.42 | 16.20 | 23.56 | 27.34 | 34.70 | 38.48 |
| Camarilla | 16.91 | 17.93 | 18.95 | 19.97 | 20.99 | 22.01 | 23.03 |
| Woodie | 3.26 | 11.53 | 14.40 | 22.67 | 25.54 | 33.81 | 36.68 |
| Fibonacci | 12.42 | 16.68 | 19.31 | 23.56 | 27.82 | 30.45 | 34.70 |
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): | 57.04 | |
| MACD (12,26,9): | 0.1600 | |
| Directional Movement: | 12.35 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 24.88 | |
| Parabolic SAR (0,02-0,02-0,2): | 24.29 | |
| Elder Ray (13): | 0.20 | |
| Super Trend (3,10): | 24.00 | |
| Zig ZAG (10): | 24.88 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 59.95 | |
| TEMA (21): | 24.84 | |
| Williams %R (14): | -37.90 | |
| Chande Momentum Oscillator (20): | 0.38 | |
| Repulse (5,40,3): | 0.2400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 0.80 |
| MA7: | 24.23 | |
| MA20: | 23.78 | |
| MA50: | 23.54 | |
| MA100: | 19.96 | |
| MAexp7: | 24.80 | |
| MAexp20: | 24.66 | |
| MAexp50: | 24.36 | |
| MAexp100: | 24.25 | |
| Price / MA7: | +2.97% | |
| Price / MA20: | +4.92% | |
| Price / MA50: | +5.99% | |
| Price / MA100: | +25.00% | |
| Price / MAexp7: | +0.60% | |
| Price / MAexp20: | +1.18% | |
| Price / MAexp50: | +2.42% | |
| Price / MAexp100: | +2.89% |
Quotes :
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Real time data
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CoinMarketCap
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