Chainlink / Dollar may rise to 14.19 - 14.39

Our pivot point stands at 13.51.

Our preference

Rebound towards 14.39.

Alternative scenario

Below 13.51, expect 13.18 and 12.98.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 13.84 and 14.09).

Supports and resistances

14.79 **

14.59 *

14.39 **

14.19

13.78 last

13.64

13.51 **

13.18 *

12.98 **

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