BINANCE COIN - BNB/USD - 1H - Technical analysis published on 02/11/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
22%
44%
33%
My opinion
Bullish above 310.69 USD
My targets
353.21 USD (+9.37%)
355.55 USD (+10.10%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on BINANCE COIN - BNB/USD as long as the price remains well above 310.69 USD. The buyers' bullish objective is set at 353.21 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 355.55 USD. If there is any crossing, the next objective would be the resistance located at 450.23 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BINANCE COIN - BNB/USD rating 322.94 USD. On the day, this instrument lost -0.08% and was between 321.70 USD and 324.99 USD. This implies that the price is at +0.39% from its lowest and at -0.63% from its highest.321.70
324.99
322.94
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BINANCE COIN - BNB/USD:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this BINANCE COIN - BNB/USD chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 272.55 | 299.51 | 310.69 | 322.94 | 324.32 | 355.55 | 450.23 |
| Change (%) | -15.60% | -7.26% | -3.79% | - | +0.43% | +10.10% | +39.42% |
| Change | -50.39 | -23.43 | -12.25 | - | +1.38 | +32.61 | +127.29 |
| Level | Minor | Major | Minor | - | Major | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 311.36 | 314.69 | 318.94 | 322.27 | 326.52 | 329.85 | 334.10 |
| Camarilla | 321.12 | 321.81 | 322.51 | 323.20 | 323.90 | 324.59 | 325.29 |
| Woodie | 311.83 | 314.92 | 319.41 | 322.50 | 326.99 | 330.08 | 334.57 |
| Fibonacci | 314.69 | 317.58 | 319.37 | 322.27 | 325.16 | 326.95 | 329.85 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 179.27 | 209.29 | 266.24 | 296.26 | 353.21 | 383.23 | 440.18 |
| Camarilla | 299.28 | 307.26 | 315.23 | 323.20 | 331.17 | 339.15 | 347.12 |
| Woodie | 192.75 | 216.02 | 279.72 | 302.99 | 366.69 | 389.96 | 453.66 |
| Fibonacci | 209.29 | 242.51 | 263.03 | 296.26 | 329.48 | 350.00 | 383.23 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 133.76 | 180.68 | 240.45 | 287.37 | 347.14 | 394.06 | 453.83 |
| Camarilla | 270.88 | 280.66 | 290.44 | 300.22 | 310.00 | 319.78 | 329.56 |
| Woodie | 140.19 | 183.89 | 246.88 | 290.58 | 353.57 | 397.27 | 460.26 |
| Fibonacci | 180.68 | 221.44 | 246.61 | 287.37 | 328.13 | 353.30 | 394.06 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 47.13 | |
| MACD (12,26,9): | 0.2300 | |
| Directional Movement: | -13.52 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 323.20 | |
| Parabolic SAR (0,02-0,02-0,2): | 292.62 | |
| Elder Ray (13): | -0.61 | |
| Super Trend (3,10): | 319.60 | |
| Zig ZAG (10): | 322.40 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 44.58 | |
| TEMA (21): | 323.08 | |
| Williams %R (14): | -82.37 | |
| Chande Momentum Oscillator (20): | -1.00 | |
| Repulse (5,40,3): | -0.4300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.98 |
| MA7: | 314.27 | |
| MA20: | 306.04 | |
| MA50: | 307.23 | |
| MA100: | 275.01 | |
| MAexp7: | 322.95 | |
| MAexp20: | 322.85 | |
| MAexp50: | 321.78 | |
| MAexp100: | 318.36 | |
| Price / MA7: | +2.76% | |
| Price / MA20: | +5.52% | |
| Price / MA50: | +5.11% | |
| Price / MA100: | +17.43% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | +0.36% | |
| Price / MAexp100: | +1.44% |
Quotes :
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Real time data
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