Chainlink / Dollar may rise to 15.84 - 16.08

15.01 is our pivot point.

Our preference

Rebound towards 16.08.

Alternative scenario

Below 15.01, expect 14.61 and 14.37.

Comment

The RSI is below 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 (15.36) but under its 50 period moving average (15.57).

Supports and resistances

16.55 **

16.32 *

16.08 **

15.84

15.36 last

15.16

15.01 **

14.61 *

14.37 **

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