Chainlink / Dollar may fall to 8.76 - 10.21

15.13 is our pivot point.

Our preference

The downside prevails as long as 15.13 is resistance.

Alternative scenario

The upside breakout of 15.13, would call for 17.58 and 19.03.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 13.56 and 15.39).

Supports and resistances

19.03 **

17.58 *

15.13 **

14.17

13.11 last

10.21

8.76 **

7.32 *

5.87 **

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