Chainlink / Dollar may rise to 11.67 - 11.82

11.16 is our pivot point.

Our preference

Rebound towards 11.82.

Alternative scenario

Below 11.16, expect 10.91 and 10.76.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (11.36) but under its 50 period moving average (11.41).

Supports and resistances

12.12 **

11.97 *

11.82 **

11.67

11.36 last

11.26

11.16 **

10.91 *

10.76 **

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