CHAINLINK - LINK/USDT - 1H - Technical analysis published on 01/23/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 24.71 USDT
My targets
23.80 USDT (-1.04%)
22.31 USDT (-7.23%)
My analysis
In the short term, we can see an acceleration in the bearish trend on CHAINLINK - LINK/USDT, which is a positive signal for sellers. As long as the price remains above 24.71 USDT, a sale could be considered. The first bearish objective is located at 23.80 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 22.31 USDT as an objective. Crossing it would then enable sellers to target 21.68 USDT. If the price were to return above 24.71 USDT, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
6.3
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This analysis was given by adhemar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHAINLINK - LINK/USDT rating is 24.05 USDT. The price is lower by -4.98% since the last closing and was traded between 24.04 USDT and 25.31 USDT over the period. The price is currently at +0.04% from its lowest and -4.98% from its highest.24.04
25.31
24.05
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this CHAINLINK - LINK/USDT chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
In fact, 13 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 21.68 | 22.31 | 23.80 | 24.05 | 24.71 | 25.60 | 27.03 |
| Change (%) | -9.85% | -7.23% | -1.04% | - | +2.74% | +6.44% | +12.39% |
| Change | -2.37 | -1.74 | -0.25 | - | +0.66 | +1.55 | +2.98 |
| Level | Major | Intermediate | Major | - | Minor | Intermediate | 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 | 22.98 | 24.11 | 24.71 | 25.84 | 26.44 | 27.57 | 28.17 |
| Camarilla | 24.83 | 24.99 | 25.15 | 25.31 | 25.47 | 25.63 | 25.79 |
| Woodie | 22.72 | 23.98 | 24.45 | 25.71 | 26.18 | 27.44 | 27.91 |
| Fibonacci | 24.11 | 24.77 | 25.18 | 25.84 | 26.50 | 26.91 | 27.57 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.08 | 15.07 | 19.61 | 22.60 | 27.14 | 30.13 | 34.67 |
| Camarilla | 22.07 | 22.76 | 23.45 | 24.14 | 24.83 | 25.52 | 26.21 |
| Woodie | 12.85 | 15.46 | 20.38 | 22.99 | 27.91 | 30.52 | 35.44 |
| Fibonacci | 15.07 | 17.95 | 19.73 | 22.60 | 25.48 | 27.26 | 30.13 |
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): | 31.47 | |
| MACD (12,26,9): | -0.4100 | |
| Directional Movement: | -20.35 | |
| AROON (14): | -85.72 | |
| DEMA (21): | 24.27 | |
| Parabolic SAR (0,02-0,02-0,2): | 24.58 | |
| Elder Ray (13): | -0.48 | |
| Super Trend (3,10): | 24.78 | |
| Zig ZAG (10): | 24.07 | |
| VORTEX (21): | 0.7300 | |
| Stochastique (14,3,5): | 0.87 | |
| TEMA (21): | 24.01 | |
| Williams %R (14): | -97.40 | |
| Chande Momentum Oscillator (20): | -1.22 | |
| Repulse (5,40,3): | -1.3900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2000 | |
| Courbe Coppock: | 8.59 |
| MA7: | 24.94 | |
| MA20: | 22.62 | |
| MA50: | 23.58 | |
| MA100: | 18.93 | |
| MAexp7: | 24.31 | |
| MAexp20: | 24.77 | |
| MAexp50: | 25.16 | |
| MAexp100: | 24.96 | |
| Price / MA7: | -3.57% | |
| Price / MA20: | +6.32% | |
| Price / MA50: | +1.99% | |
| Price / MA100: | +27.05% | |
| Price / MAexp7: | -1.07% | |
| Price / MAexp20: | -2.91% | |
| Price / MAexp50: | -4.41% | |
| Price / MAexp100: | -3.65% |
Quotes :
-
Real time data
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Cryptocompare
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