CHAINLINK - LINK/USD - 15 min. - Technical analysis published on 12/05/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
44%
22%
33%
My opinion
Bullish above 22.99 USD
My targets
24.75 USD (+2.26%)
25.85 USD (+6.83%)
My analysis
The current short-term bullish acceleration on CHAINLINK - LINK/USD should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 22.99 USD. Short-term buyers will use the resistance located at 24.75 USD as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 25.85 USD. Crossing this resistance would then open the door for buyers to target 27.61 USD. Caution, if there is a return to under 22.99 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
1.8
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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/USD rating 24.20 USD. On the day, this instrument gained +0.42% and was between 23.02 USD and 24.40 USD. This implies that the price is at +5.13% from its lowest and at -0.82% from its highest.23.02
24.40
24.20
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CHAINLINK - LINK/USD:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on CHAINLINK - LINK/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of CHAINLINK - LINK/USD in 15 min. shows a neutral overall trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 15 minutes
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 21.73 | 22.61 | 24.04 | 24.20 | 25.22 | 26.83 |
| Change (%) | -10.21% | -6.57% | -0.66% | - | +4.21% | +10.87% |
| Change | -2.47 | -1.59 | -0.16 | - | +1.02 | +2.63 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.13 | 21.89 | 22.99 | 24.75 | 25.85 | 27.61 | 28.71 |
| Camarilla | 23.31 | 23.58 | 23.84 | 24.10 | 24.36 | 24.62 | 24.89 |
| Woodie | 19.81 | 21.73 | 22.67 | 24.59 | 25.53 | 27.45 | 28.39 |
| Fibonacci | 21.89 | 22.98 | 23.65 | 24.75 | 25.84 | 26.51 | 27.61 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.63 | 14.89 | 16.94 | 18.20 | 20.25 | 21.51 | 23.56 |
| Camarilla | 18.09 | 18.39 | 18.70 | 19.00 | 19.30 | 19.61 | 19.91 |
| Woodie | 14.04 | 15.09 | 17.35 | 18.40 | 20.66 | 21.71 | 23.97 |
| Fibonacci | 14.89 | 16.15 | 16.93 | 18.20 | 19.46 | 20.24 | 21.51 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.53 | 6.81 | 12.90 | 16.18 | 22.27 | 25.55 | 31.64 |
| Camarilla | 16.42 | 17.28 | 18.14 | 19.00 | 19.86 | 20.72 | 21.58 |
| Woodie | 4.95 | 7.51 | 14.32 | 16.88 | 23.69 | 26.25 | 33.06 |
| Fibonacci | 6.81 | 10.39 | 12.60 | 16.18 | 19.76 | 21.97 | 25.55 |
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): | 53.28 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | 0.72 | |
| AROON (14): | -64.28 | |
| DEMA (21): | 23.91 | |
| Parabolic SAR (0,02-0,02-0,2): | 24.23 | |
| Elder Ray (13): | 0.07 | |
| Super Trend (3,10): | 23.51 | |
| Zig ZAG (10): | 23.99 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 37.82 | |
| TEMA (21): | 23.97 | |
| Williams %R (14): | -40.38 | |
| Chande Momentum Oscillator (20): | -0.05 | |
| Repulse (5,40,3): | 0.7100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.04 |
| MA7: | 21.98 | |
| MA20: | 18.21 | |
| MA50: | 14.53 | |
| MA100: | 12.80 | |
| MAexp7: | 23.98 | |
| MAexp20: | 23.92 | |
| MAexp50: | 23.99 | |
| MAexp100: | 24.15 | |
| Price / MA7: | +10.10% | |
| Price / MA20: | +32.89% | |
| Price / MA50: | +66.55% | |
| Price / MA100: | +89.06% | |
| Price / MAexp7: | +0.92% | |
| Price / MAexp20: | +1.17% | |
| Price / MAexp50: | +0.88% | |
| Price / MAexp100: | +0.21% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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