Chainlink / Dollar may rise to 13.62 - 13.81

Our pivot point stands at 12.99.

Our preference

Rebound towards 13.81.

Alternative scenario

Below 12.99, expect 12.67 and 12.48.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 13.31 and 13.80).

Supports and resistances

14.19 **

14.00 *

13.81 **

13.62

13.24 last

13.11

12.99 **

12.67 *

12.48 **

Number of asterisks represents the strength of support and resistance levels.