CHAINLINK - LINK/USD - 15 min. - Technical analysis published on 11/08/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
33%
50%
My opinion
Bullish above 33.57 USD
My targets
34.79 USD (+2.35%)
39.34 USD (+15.74%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CHAINLINK - LINK/USD. As long as you are above the support located at 33.57 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 34.79 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 39.34 USD as an objective. Crossing it would then enable buyers to target 42.62 USD. If the support 33.57 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.7
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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 33.99 USD. On the day, this instrument gained +5.10% with the lowest point at 32.21 USD and the highest point at 34.50 USD. The deviation from the price is +5.53% for the low point and -1.48% for the high point.32.21
34.50
33.99
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 15 min. of this CHAINLINK - LINK/USD chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
On the 18 technical indicators analysed, 3 are bullish, 9 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
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 | 31.91 | 32.82 | 33.72 | 33.99 | 34.79 | 42.62 | 52.30 |
| Change (%) | -6.12% | -3.44% | -0.79% | - | +2.35% | +25.39% | +53.87% |
| Change | -2.08 | -1.17 | -0.27 | - | +0.80 | +8.63 | +18.31 |
| Level | Intermediate | Minor | Intermediate | - | 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 | 31.02 | 31.39 | 31.87 | 32.24 | 32.72 | 33.09 | 33.57 |
| Camarilla | 32.11 | 32.18 | 32.26 | 32.34 | 32.42 | 32.50 | 32.57 |
| Woodie | 31.07 | 31.42 | 31.92 | 32.27 | 32.77 | 33.12 | 33.62 |
| Fibonacci | 31.39 | 31.72 | 31.92 | 32.24 | 32.57 | 32.77 | 33.09 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.76 | |
| MACD (12,26,9): | 0.1700 | |
| Directional Movement: | 3.46 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 34.22 | |
| Parabolic SAR (0,02-0,02-0,2): | 34.44 | |
| Elder Ray (13): | -0.14 | |
| Super Trend (3,10): | 33.58 | |
| Zig ZAG (10): | 33.97 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 39.19 | |
| TEMA (21): | 34.18 | |
| Williams %R (14): | -70.27 | |
| Chande Momentum Oscillator (20): | -0.23 | |
| Repulse (5,40,3): | -0.1500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 0.77 |
| MA7: | 32.40 | |
| MA20: | 30.92 | |
| MA50: | 27.60 | |
| MA100: | 27.34 | |
| MAexp7: | 34.08 | |
| MAexp20: | 34.02 | |
| MAexp50: | 33.63 | |
| MAexp100: | 33.20 | |
| Price / MA7: | +4.91% | |
| Price / MA20: | +9.93% | |
| Price / MA50: | +23.15% | |
| Price / MA100: | +24.32% | |
| Price / MAexp7: | -0.26% | |
| Price / MAexp20: | -0.09% | |
| Price / MAexp50: | +1.07% | |
| Price / MAexp100: | +2.38% |
Quotes :
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Real time data
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