Chainlink / Dollar may rise to 14.73 - 14.94

14.04 is our pivot point.

Our preference

Rebound towards 14.94.

Alternative scenario

The downside breakout of 14.04 would call for 13.69 and 13.49.

Comment

The RSI is below its neutrality area at 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 (14.29) but under its 50 period moving average (14.43).

Supports and resistances

15.35 **

15.15 *

14.94 **

14.73

14.32 last

14.18

14.04 **

13.69 *

13.49 **

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