CHAINLINK - LINK/USD - 1H - Technical analysis published on 12/05/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
39%
17%
44%
My opinion
Neutral between 23.56 USD and 25.22 USD
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 25.22 USD. The first support is located at 23.56 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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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/USD rating is 24.08 USD. On the day, this instrument lost -0.08% with the lowest point at 23.02 USD and the highest point at 24.96 USD. The deviation from the price is +4.60% for the low point and -3.53% for the high point.23.02
24.96
24.08
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this CHAINLINK - LINK/USD chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, only 7 technical indicators out of 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 24.08 | 25.22 | 26.83 |
| Change (%) | -9.76% | -6.10% | -0.17% | - | +4.73% | +11.42% |
| Change | -2.35 | -1.47 | -0.04 | - | +1.14 | +2.75 |
| Level | Intermediate | Minor | Intermediate | - | Minor | 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 | 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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 48.19 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | -1.14 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 24.19 | |
| Parabolic SAR (0,02-0,02-0,2): | 23.28 | |
| Elder Ray (13): | -0.14 | |
| Super Trend (3,10): | 25.27 | |
| Zig ZAG (10): | 24.10 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 51.26 | |
| TEMA (21): | 24.20 | |
| Williams %R (14): | -61.38 | |
| Chande Momentum Oscillator (20): | 0.19 | |
| Repulse (5,40,3): | -0.5200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 3.69 |
| MA7: | 21.99 | |
| MA20: | 18.22 | |
| MA50: | 14.54 | |
| MA100: | 12.80 | |
| MAexp7: | 24.27 | |
| MAexp20: | 24.21 | |
| MAexp50: | 24.05 | |
| MAexp100: | 23.17 | |
| Price / MA7: | +9.50% | |
| Price / MA20: | +32.16% | |
| Price / MA50: | +65.61% | |
| Price / MA100: | +88.13% | |
| Price / MAexp7: | -0.78% | |
| Price / MAexp20: | -0.54% | |
| Price / MAexp50: | +0.12% | |
| Price / MAexp100: | +3.93% |
Quotes :
-
Real time data
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