Chainlink / Dollar may rise to 11.32 - 11.47

10.82 is our pivot point.

Our preference

Rebound.

Alternative scenario

Below 10.82, expect 10.58 and 10.43.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (11.02) but below its 50 period moving average (11.03).

Supports and resistances

11.76 **

11.62 *

11.47 **

11.32

11.03 last

10.92

10.82 **

10.58 *

10.43 **

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