CHAINLINK - LINK/USDT - 1H - Technical analysis published on 01/23/2025 (GMT)
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- Timeframe : 1H
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 25.60 USDT
My targets
27.03 USDT (+4.81%)
29.48 USDT (+14.31%)
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 25.60 USDT. The buyers' bullish objective is set at 27.03 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 29.48 USDT.
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
5.9
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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/USDT rating 25.79 USDT. The price registered an increase of +1.90% on the session and was between 24.04 USDT and 26.08 USDT. This implies that the price is at +7.28% from its lowest and at -1.11% from its highest.24.04
26.08
25.79
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CHAINLINK - LINK/USDT chart shows a bullish trend. The signals returned by the moving averages are 64.29% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 23.80 | 24.71 | 25.60 | 25.79 | 27.03 | 29.48 |
| Change (%) | -7.72% | -4.19% | -0.74% | - | +4.81% | +14.31% |
| Change | -1.99 | -1.08 | -0.19 | - | +1.24 | +3.69 |
| Level | Major | Minor | Intermediate | - | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation 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): | 58.17 | |
| MACD (12,26,9): | 0.0900 | |
| Directional Movement: | 15.14 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 25.20 | |
| Parabolic SAR (0,02-0,02-0,2): | 25.90 | |
| Elder Ray (13): | 0.47 | |
| Super Trend (3,10): | 24.52 | |
| Zig ZAG (10): | 25.66 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 71.41 | |
| TEMA (21): | 25.41 | |
| Williams %R (14): | -19.61 | |
| Chande Momentum Oscillator (20): | 1.21 | |
| Repulse (5,40,3): | 1.6800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 8.00 |
| MA7: | 25.18 | |
| MA20: | 22.70 | |
| MA50: | 23.61 | |
| MA100: | 18.94 | |
| MAexp7: | 25.39 | |
| MAexp20: | 25.16 | |
| MAexp50: | 25.22 | |
| MAexp100: | 25.03 | |
| Price / MA7: | +2.42% | |
| Price / MA20: | +13.61% | |
| Price / MA50: | +9.23% | |
| Price / MA100: | +36.17% | |
| Price / MAexp7: | +1.58% | |
| Price / MAexp20: | +2.50% | |
| Price / MAexp50: | +2.26% | |
| Price / MAexp100: | +3.04% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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