Chainlink / Dollar may rise to 13.46 - 13.67

Our pivot point stands at 12.71.

Our preference

As long as 12.71 is support look for 13.67.

Alternative scenario

Below 12.71, expect 12.36 and 12.16.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 13.01 and 12.95).

Supports and resistances

14.08 **

13.88 *

13.67 **

13.46

13.03 last

12.85

12.71 **

12.36 *

12.16 **

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