Chainlink / Dollar is neutral

Our pivot point is at 14.02.

Our preference

Technical rebound towards 14.02 before a new drop.

Alternative scenario

Above 14.02, look for 16.53 and 18.03.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above its 20 period moving average (10.86) but under its 50 period moving average (12.08).

Supports and resistances

18.03 **

16.53 *

14.02 **

13.03

11.74 last

8.81

7.35 **

5.90 *

4.44 **

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