BANCOR - BNT/USDT - 15 min. - Technical analysis published on 08/26/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 0.409700 USDT
My targets
0.402600 USDT (-1.25%)
0.396800 USDT (-2.67%)
My analysis
The bearish trend is currently very strong for BANCOR NETWORK TOKEN - BNT/USDT. As long as the price remains below the resistance at 0.409700 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.402600 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.396800 USDT as an objective. Crossing it would then enable sellers to target 0.389700 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
6.4
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Additional analysis
Quotes
The BANCOR NETWORK TOKEN - BNT/USDT price is 0.407700 USDT. The price registered a decrease of -0.17% on the session and was traded between 0.406100 USDT and 0.414900 USDT over the period. The price is currently at +0.39% from its lowest and -1.74% from its highest.0.406100
0.414900
0.407700
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BANCOR NETWORK TOKEN - BNT/USDT:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 15 min. chart of BANCOR NETWORK TOKEN - BNT/USDT indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 15 minutes
In fact, 11 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 15 minutes
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
White hanging man / hammer
Type : Neutral
Timeframe : 15 minutes
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.372050 | 0.379900 | 0.404125 | 0.407700 | 0.426300 | 0.442480 | 0.464300 |
| Change (%) | -8.74% | -6.82% | -0.88% | - | +4.56% | +8.53% | +13.88% |
| Change | -0.035650 | -0.027800 | -0.003575 | - | +0.018600 | +0.034780 | +0.056600 |
| Level | Minor | Minor | Major | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.389700 | 0.396800 | 0.402600 | 0.409700 | 0.415500 | 0.422600 | 0.428400 |
| Camarilla | 0.404853 | 0.406035 | 0.407218 | 0.408400 | 0.409583 | 0.410765 | 0.411948 |
| Woodie | 0.389050 | 0.396475 | 0.401950 | 0.409375 | 0.414850 | 0.422275 | 0.427750 |
| Fibonacci | 0.396800 | 0.401728 | 0.404772 | 0.409700 | 0.414628 | 0.417672 | 0.422600 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.190033 | 0.284967 | 0.346633 | 0.441567 | 0.503233 | 0.598167 | 0.659833 |
| Camarilla | 0.365235 | 0.379590 | 0.393945 | 0.408300 | 0.422655 | 0.437010 | 0.451365 |
| Woodie | 0.173400 | 0.276650 | 0.330000 | 0.433250 | 0.486600 | 0.589850 | 0.643200 |
| Fibonacci | 0.284967 | 0.344788 | 0.381746 | 0.441567 | 0.501388 | 0.538346 | 0.598167 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.295367 | 0.332533 | 0.351967 | 0.389133 | 0.408567 | 0.445733 | 0.465167 |
| Camarilla | 0.355835 | 0.361023 | 0.366212 | 0.371400 | 0.376588 | 0.381777 | 0.386965 |
| Woodie | 0.286500 | 0.328100 | 0.343100 | 0.384700 | 0.399700 | 0.441300 | 0.456300 |
| Fibonacci | 0.332533 | 0.354155 | 0.367512 | 0.389133 | 0.410755 | 0.424112 | 0.445733 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 40.09 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | -21.454656 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.406792 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.408555 | |
| Elder Ray (13): | -0.000738 | |
| Super Trend (3,10): | 0.409082 | |
| Zig ZAG (10): | 0.406600 | |
| VORTEX (21): | 0.7861 | |
| Stochastique (14,3,5): | 8.33 | |
| TEMA (21): | 0.406717 | |
| Williams %R (14): | -78.57 | |
| Chande Momentum Oscillator (20): | -0.000200 | |
| Repulse (5,40,3): | -0.1688 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0221 | |
| Courbe Coppock: | 0.35 |
| MA7: | 0.418100 | |
| MA20: | 0.469690 | |
| MA50: | 0.428064 | |
| MA100: | 0.409041 | |
| MAexp7: | 0.406979 | |
| MAexp20: | 0.407791 | |
| MAexp50: | 0.408813 | |
| MAexp100: | 0.410022 | |
| Price / MA7: | -2.49% | |
| Price / MA20: | -13.20% | |
| Price / MA50: | -4.76% | |
| Price / MA100: | -0.33% | |
| Price / MAexp7: | +0.18% | |
| Price / MAexp20: | -0.02% | |
| Price / MAexp50: | -0.27% | |
| Price / MAexp100: | -0.57% |
Quotes :
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Real time data
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Cryptocompare
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