Cryptocurrency

Chainlink / Dollar may fall to 14.19 - 14.42

2024-06-16

15.23 is our pivot point.

Our preference

Eye 14.19.

Alternative scenario

Above 15.23, look for 15.62 and 15.85.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under its 20 period moving average (14.94) but above its 50 period moving average (14.87).

Supports and resistances

15.85 **

15.62 *

15.23 **

15.07

14.89 last

14.42

14.19 **

13.96 *

13.73 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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