CHAINLINK - LINK/USDT - 1H - Technical analysis published on 03/02/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 27.47 USDT
My targets
31.99 USDT (+9.97%)
34.69 USDT (+19.25%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CHAINLINK - LINK/USDT as long as the price remains well above 27.47 USDT. The buyers” bullish objective is set at 31.99 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 34.69 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHAINLINK - LINK/USDT rating is 29.09 USDT. The price has increased by +4.98% since the last closing with the lowest point at 27.19 USDT and the highest point at 29.96 USDT. The deviation from the price is +6.99% for the low point and -2.90% for the high point.27.19
29.96
29.09
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 a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 24.81 | 26.43 | 27.46 | 29.09 | 29.25 | 31.99 | 34.69 |
| Change (%) | -14.71% | -9.14% | -5.60% | - | +0.55% | +9.97% | +19.25% |
| Change | -4.28 | -2.66 | -1.63 | - | +0.16 | +2.90 | +5.60 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.50 | 23.54 | 25.63 | 26.67 | 28.76 | 29.80 | 31.89 |
| Camarilla | 26.85 | 27.14 | 27.42 | 27.71 | 28.00 | 28.28 | 28.57 |
| Woodie | 23.02 | 23.80 | 26.15 | 26.93 | 29.28 | 30.06 | 32.41 |
| Fibonacci | 23.54 | 24.74 | 25.48 | 26.67 | 27.87 | 28.61 | 29.80 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.98 | 13.76 | 19.69 | 27.47 | 33.40 | 41.18 | 47.11 |
| Camarilla | 21.85 | 23.11 | 24.36 | 25.62 | 26.88 | 28.13 | 29.39 |
| Woodie | 5.06 | 13.30 | 18.77 | 27.01 | 32.48 | 40.72 | 46.19 |
| Fibonacci | 13.76 | 19.00 | 22.23 | 27.47 | 32.71 | 35.94 | 41.18 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.15 | 12.35 | 18.51 | 27.71 | 33.87 | 43.07 | 49.23 |
| Camarilla | 20.46 | 21.86 | 23.27 | 24.68 | 26.09 | 27.50 | 28.90 |
| Woodie | 1.64 | 11.59 | 17.00 | 26.95 | 32.36 | 42.31 | 47.72 |
| Fibonacci | 12.35 | 18.21 | 21.84 | 27.71 | 33.57 | 37.20 | 43.07 |
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): | 69.29 | |
| MACD (12,26,9): | 0.8700 | |
| Directional Movement: | 19.16 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 29.60 | |
| Parabolic SAR (0,02-0,02-0,2): | 28.41 | |
| Elder Ray (13): | 0.57 | |
| Super Trend (3,10): | 27.57 | |
| Zig ZAG (10): | 29.65 | |
| VORTEX (21): | 1.1900 | |
| Stochastique (14,3,5): | 84.85 | |
| TEMA (21): | 29.86 | |
| Williams %R (14): | -11.19 | |
| Chande Momentum Oscillator (20): | 1.65 | |
| Repulse (5,40,3): | 0.2500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4700 | |
| Courbe Coppock: | 14.80 |
| MA7: | 26.50 | |
| MA20: | 30.04 | |
| MA50: | 25.57 | |
| MA100: | 19.41 | |
| MAexp7: | 29.30 | |
| MAexp20: | 28.46 | |
| MAexp50: | 27.20 | |
| MAexp100: | 26.76 | |
| Price / MA7: | +9.77% | |
| Price / MA20: | -3.16% | |
| Price / MA50: | +13.77% | |
| Price / MA100: | +49.87% | |
| Price / MAexp7: | -0.72% | |
| Price / MAexp20: | +2.21% | |
| Price / MAexp50: | +6.95% | |
| Price / MAexp100: | +8.71% |
Quotes :
2021-03-02 15:24:16
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Real time data
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Cryptocompare
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