Chainlink LINK USDT is trading within defined ranges on both timeframes while respecting technical levels. A firm break above 15.990 on 4-hour could ignite more volatility whereas upside seems limited until key resistance hurdles are crossed decisively.
Contents
4 Hour Timeframe
- Chainlink LINK USDT is currently finding support within the Support Zone 1 between 13.589-13.240. A breakdown below this level could see prices test lower levels.
- Resistance Zone 1 from 15.990-16.405 is currently capping upside momentum. A push above this range is needed to signal a shift in momentum.
- Local Resistance near 14.656-14.781 is providing an immediate hurdle on recovery rallies. This shows the presence of selling pressure at higher levels.
- Fibonacci retracement levels are respecting support/resistance flips, indicating consolidation in the near term before the next spike.
- Supply Zone 1 from 15.484-15.974 may attract sellers on a break above Resistance Zone 1 as this is a high volume price cluster.
Support and Resistance Levels
S / R Type | High | Low |
Support Zone 1 | 13.589 | 13.240 |
Resistance Zone 1 | 15.990 | 16.405 |
Local Resistance Levels
Type | High | Low |
Local Resistance | 14.656 | 14.781 |
Fibonacci Retracement Levels
0.382 | 14.449 |
0.50 | 14.738 |
0.618 | 15.036 |
0.786 | 15.452 |
0.882 | 15.688 |
Supply Zone
Zone Number | High | Low |
Supply Zone 1 | 15.484 | 15.974 |
1 Hour Timeframe
- Support Zones 1 and 2 between 14.307-13.738 are currently defending the downside.
- Resistance Zone 1 ranging from 15.530-15.670 is acting as a near term ceiling to hourly bull moves.
- Demand Zone 1 from 14.440-14.265 is where buyers are defending on minor dips currently.
- Fibonacci retracement levels also respecting support/resistance as ranges are tests, confirming the prevailing hourly consolidation.
- Bullish FVG above 14.440 provides an incentive for buyers to step in on temporary weakness given the positive structure.
Support and Resistance Levels
S / R Type | High | Low |
Support Zone 1 | 14.307 | 14.370 |
Support Zone 2 | 13.675 | 13.738 |
Resistance Zone 1 | 15.530 | 15.670 |
Fibonacci Retracement Levels
0.382 | 14.803 |
0.50 | 14.704 |
0.618 | 14.597 |
0.786 | 14.451 |
0.882 | 14.370 |
Demand Zone
Zone Number | High | Low |
Demand Zone #1 | 14.440 | 14.265 |
Fair Value Gaps / Imbalances
Gap Number | High | Low |
Bullish FVG #1 | 14.440 | 14.583 |