CHAINLINK - LINK/USD - 1H - Technical analysis published on 11/07/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 31.91 USD
My targets
32.82 USD (+2.21%)
33.72 USD (+5.01%)
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/USD as long as the price remains well above 31.91 USD. The buyers' bullish objective is set at 32.82 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 33.72 USD. If there is any crossing, the next objective would be the resistance located at 34.79 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.6
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This analysis was given by alphakarl. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CHAINLINK - LINK/USD rating 32.11 USD. The price has increased by +0.13% since the last closing with the lowest point at 31.77 USD and the highest point at 32.43 USD. The deviation from the price is +1.07% for the low point and -0.99% for the high point.31.77
32.43
32.11
Here is a more detailed summary of the historical variations registered by CHAINLINK - LINK/USD:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CHAINLINK - LINK/USD chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 12 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 29.20 | 30.64 | 31.91 | 32.11 | 32.82 | 33.72 | 34.79 |
| Change (%) | -9.06% | -4.58% | -0.62% | - | +2.21% | +5.01% | +8.35% |
| Change | -2.91 | -1.47 | -0.20 | - | +0.71 | +1.61 | +2.68 |
| Level | Minor | Minor | Intermediate | - | Minor | Intermediate | Intermediate |
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 | 28.35 | 29.56 | 30.81 | 32.02 | 33.27 | 34.48 | 35.73 |
| Camarilla | 31.39 | 31.62 | 31.85 | 32.07 | 32.30 | 32.52 | 32.75 |
| Woodie | 28.38 | 29.57 | 30.84 | 32.03 | 33.30 | 34.49 | 35.76 |
| Fibonacci | 29.56 | 30.50 | 31.08 | 32.02 | 32.96 | 33.54 | 34.48 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.22 | 26.45 | 29.26 | 31.49 | 34.30 | 36.53 | 39.34 |
| Camarilla | 30.68 | 31.15 | 31.61 | 32.07 | 32.53 | 32.99 | 33.46 |
| Woodie | 24.51 | 26.60 | 29.55 | 31.64 | 34.59 | 36.68 | 39.63 |
| Fibonacci | 26.45 | 28.38 | 29.57 | 31.49 | 33.42 | 34.61 | 36.53 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.09 | 18.82 | 24.43 | 29.16 | 34.77 | 39.50 | 45.11 |
| Camarilla | 27.20 | 28.14 | 29.09 | 30.04 | 30.99 | 31.94 | 32.88 |
| Woodie | 14.53 | 19.04 | 24.87 | 29.38 | 35.21 | 39.72 | 45.55 |
| Fibonacci | 18.82 | 22.77 | 25.21 | 29.16 | 33.11 | 35.55 | 39.50 |
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): | 55.92 | |
| MACD (12,26,9): | 0.0600 | |
| Directional Movement: | 0.33 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 32.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 32.11 | |
| Elder Ray (13): | 0.12 | |
| Super Trend (3,10): | 32.38 | |
| Zig ZAG (10): | 32.12 | |
| VORTEX (21): | 1.2600 | |
| Stochastique (14,3,5): | 67.66 | |
| TEMA (21): | 32.15 | |
| Williams %R (14): | -40.79 | |
| Chande Momentum Oscillator (20): | 0.18 | |
| Repulse (5,40,3): | -0.8000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 4.29 |
| MA7: | 32.01 | |
| MA20: | 30.51 | |
| MA50: | 27.46 | |
| MA100: | 27.23 | |
| MAexp7: | 32.13 | |
| MAexp20: | 32.03 | |
| MAexp50: | 31.98 | |
| MAexp100: | 31.79 | |
| Price / MA7: | +0.31% | |
| Price / MA20: | +5.24% | |
| Price / MA50: | +16.93% | |
| Price / MA100: | +17.92% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | +0.25% | |
| Price / MAexp50: | +0.41% | |
| Price / MAexp100: | +1.01% |
Quotes :
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Real time data
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