Chainlink / Dollar may rise to 14.78 - 14.99

Our pivot point is at 14.05.

Our preference

As long as 14.05 is support look for 14.99.

Alternative scenario

Below 14.05, expect 13.70 and 13.49.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (14.37) but above its 50 period moving average (14.30).

Supports and resistances

15.41 **

15.20 *

14.99 **

14.78

14.35 last

14.18

14.05 **

13.70 *

13.49 **

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