Londinia Opportunities Analyses - 01/24/2022 (GMT) CHAINLINK - LINK/ETH - 1H
Type: | Cryptocurrencies |
Ticker: | LINKETH |
ISIN: |
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 0.006601 ETH
My targets
0.005881 ETH (-5.83%)
0.005701 ETH (-8.71%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CHAINLINK - LINK/ETH as long as the price remains well below 0.006601 ETH. The sellers' bearish objective is set at 0.005881 ETH. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.005701 ETH. In case of crossing, the next objective would be the support located at 0.005315 ETH. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The CHAINLINK - LINK/ETH price is 0.006245 ETH. On the day, this instrument lost -4.64% with the lowest point at 0.006231 ETH and the highest point at 0.006572 ETH. The deviation from the price is +0.22% for the low point and -4.98% for the high point.0.006231
0.006572
0.006245
Here is a more detailed summary of the historical variations registered by CHAINLINK - LINK/ETH:
Technical
Technical analysis of CHAINLINK - LINK/ETH in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 13 technical indicators on 18 studied are currently bearish. 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
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Piercing line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.004560 | 0.005315 | 0.005701 | 0.006245 | 0.006601 | 0.006948 | 0.007136 |
Change (%) | -26.98% | -14.89% | -8.71% | - | +5.70% | +11.26% | +14.27% |
Change | -0.001685 | -0.000930 | -0.000544 | - | +0.000356 | +0.000703 | +0.000891 |
Level | Major | Minor | Minor | - | Major | 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 | 0.006067 | 0.006211 | 0.006380 | 0.006524 | 0.006693 | 0.006837 | 0.007006 |
Camarilla | 0.006463 | 0.006492 | 0.006520 | 0.006549 | 0.006578 | 0.006606 | 0.006635 |
Woodie | 0.006080 | 0.006217 | 0.006393 | 0.006530 | 0.006706 | 0.006843 | 0.007019 |
Fibonacci | 0.006211 | 0.006331 | 0.006404 | 0.006524 | 0.006644 | 0.006717 | 0.006837 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.004178 | 0.005184 | 0.005881 | 0.006887 | 0.007584 | 0.008590 | 0.009287 |
Camarilla | 0.006110 | 0.006266 | 0.006422 | 0.006578 | 0.006734 | 0.006890 | 0.007046 |
Woodie | 0.004024 | 0.005107 | 0.005727 | 0.006810 | 0.007430 | 0.008513 | 0.009133 |
Fibonacci | 0.005184 | 0.005835 | 0.006237 | 0.006887 | 0.007538 | 0.007940 | 0.008590 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.002877 | 0.003629 | 0.004472 | 0.005224 | 0.006067 | 0.006819 | 0.007662 |
Camarilla | 0.004876 | 0.005023 | 0.005169 | 0.005315 | 0.005461 | 0.005607 | 0.005754 |
Woodie | 0.002923 | 0.003652 | 0.004518 | 0.005247 | 0.006113 | 0.006842 | 0.007708 |
Fibonacci | 0.003629 | 0.004238 | 0.004615 | 0.005224 | 0.005833 | 0.006210 | 0.006819 |
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): | 36.80 | |
MACD (12,26,9): | -0.0001 | |
Directional Movement: | -8.910582 | |
AROON (14): | -85.714286 | |
DEMA (21): | 0.006328 | |
Parabolic SAR (0,02-0,02-0,2): | 0.006465 | |
Elder Ray (13): | -0.000104 | |
Super Trend (3,10): | 0.006469 | |
Zig ZAG (10): | 0.006274 | |
VORTEX (21): | 0.8720 | |
Stochastique (14,3,5): | 7.68 | |
TEMA (21): | 0.006302 | |
Williams %R (14): | -86.51 | |
Chande Momentum Oscillator (20): | -0.000259 | |
Repulse (5,40,3): | -0.7234 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0748 | |
Courbe Coppock: | 4.36 |
MA7: | 0.006741 | |
MA20: | 0.007507 | |
MA50: | 0.006102 | |
MA100: | 0.006392 | |
MAexp7: | 0.006321 | |
MAexp20: | 0.006394 | |
MAexp50: | 0.006481 | |
MAexp100: | 0.006631 | |
Price / MA7: | -7.36% | |
Price / MA20: | -16.81% | |
Price / MA50: | +2.34% | |
Price / MA100: | -2.30% | |
Price / MAexp7: | -1.19% | |
Price / MAexp20: | -2.31% | |
Price / MAexp50: | -3.63% | |
Price / MAexp100: | -5.81% |
Quotes :
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Real time data
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