CHAINLINK - LINK/USDT - 1H - Technical analysis published on 01/26/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 25.60 USDT
My targets
24.71 USDT (-2.18%)
23.80 USDT (-5.78%)
My analysis
All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on CHAINLINK - LINK/USDT as long as the price remains well below 25.60 USDT. The next bearish objective for sellers is set at 24.71 USDT. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 23.80 USDT. If there is any crossing, the next objective would be the support located at 22.85 USDT. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.9
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This analysis was given by adhemar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHAINLINK - LINK/USDT price is 25.26 USDT. The price registered an increase of +1.32% on the session and was traded between 24.91 USDT and 25.83 USDT over the period. The price is currently at +1.41% from its lowest and -2.21% from its highest.24.91
25.83
25.26
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
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
Technical analysis of this 1H chart of CHAINLINK - LINK/USDT indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
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
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 22.85 | 23.80 | 24.71 | 25.26 | 25.60 | 26.09 | 27.03 |
| Change (%) | -9.54% | -5.78% | -2.18% | - | +1.35% | +3.29% | +7.01% |
| Change | -2.41 | -1.46 | -0.55 | - | +0.34 | +0.83 | +1.77 |
| Level | Minor | Major | Minor | - | Intermediate | Intermediate | Minor |
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 | 24.03 | 24.40 | 24.66 | 25.03 | 25.29 | 25.66 | 25.92 |
| Camarilla | 24.76 | 24.82 | 24.87 | 24.93 | 24.99 | 25.05 | 25.10 |
| Woodie | 23.99 | 24.37 | 24.62 | 25.00 | 25.25 | 25.63 | 25.88 |
| Fibonacci | 24.40 | 24.64 | 24.79 | 25.03 | 25.27 | 25.42 | 25.66 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.76 | 20.04 | 22.48 | 24.76 | 27.20 | 29.48 | 31.92 |
| Camarilla | 23.63 | 24.07 | 24.50 | 24.93 | 25.36 | 25.80 | 26.23 |
| Woodie | 17.85 | 20.08 | 22.57 | 24.80 | 27.29 | 29.52 | 32.01 |
| Fibonacci | 20.04 | 21.84 | 22.95 | 24.76 | 26.56 | 27.67 | 29.48 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 48.56 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 0.23 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 25.36 | |
| Parabolic SAR (0,02-0,02-0,2): | 25.15 | |
| Elder Ray (13): | -0.09 | |
| Super Trend (3,10): | 25.07 | |
| Zig ZAG (10): | 25.24 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 35.51 | |
| TEMA (21): | 25.44 | |
| Williams %R (14): | -60.87 | |
| Chande Momentum Oscillator (20): | 0.34 | |
| Repulse (5,40,3): | -0.8500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 2.41 |
| MA7: | 25.43 | |
| MA20: | 22.91 | |
| MA50: | 23.64 | |
| MA100: | 19.36 | |
| MAexp7: | 25.36 | |
| MAexp20: | 25.30 | |
| MAexp50: | 25.29 | |
| MAexp100: | 25.26 | |
| Price / MA7: | -0.67% | |
| Price / MA20: | +10.26% | |
| Price / MA50: | +6.85% | |
| Price / MA100: | +30.48% | |
| Price / MAexp7: | -0.39% | |
| Price / MAexp20: | -0.16% | |
| Price / MAexp50: | -0.12% | |
| Price / MAexp100: | -0% |
Quotes :
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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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