Chainlink / Dollar may fall to 13.79 - 14.01

Our pivot point is at 14.79.

Our preference

Under pressure below 14.79.

Alternative scenario

Above 14.79, look for 15.15 and 15.37.

Comment

The RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 14.68 and 14.44).

Supports and resistances

15.37 **

15.15 *

14.79 **

14.65

14.44 last

14.01

13.79 **

13.58 *

13.36 **

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