Chainlink / Dollar may fall to 13.97 - 14.20

14.98 is our pivot point.

Our preference

Technical rebound towards 14.98 before a new drop.

Alternative scenario

The upside breakout of 14.98, would call for 15.36 and 15.59.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price stands above its 20 period moving average (14.45) but below its 50 period moving average (14.71).

Supports and resistances

15.59 **

15.36 *

14.98 **

14.83

14.65 last

14.20

13.97 **

13.74 *

13.52 **

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