Chainlink / Dollar may rise to 13.70 - 13.90

Our pivot point is at 13.04.

Our preference

As long as 13.04 is support look for 13.90.

Alternative scenario

The downside breakout of 13.04 would call for 12.70 and 12.51.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (13.36) but above its 50 period moving average (13.06).

Supports and resistances

14.30 **

14.10 *

13.90 **

13.70

13.31 last

13.17

13.04 **

12.70 *

12.51 **

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