Chainlink / Dollar may rise to 11.73 - 11.87

Our pivot point is at 11.19.

Our preference

Rise to 11.87.

Alternative scenario

Below 11.19, expect 10.95 and 10.80.

Comment

The RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 11.37 and 11.37).

Supports and resistances

12.16 **

12.02 *

11.87 **

11.73

11.38 last

11.28

11.19 **

10.95 *

10.80 **

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