Cryptocurrency

Chainlink / Dollar may rise to 14.66 - 14.87

2024-06-19

13.94 is our pivot point.

Our preference

As long as 13.94 is support look for 14.87.

Alternative scenario

Below 13.94, expect 13.60 and 13.39.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (14.29) but above its 50 period moving average (13.96).

Supports and resistances

15.28 **

15.07 *

14.87 **

14.66

14.23 last

14.08

13.94 **

13.60 *

13.39 **

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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