BALANCER - BAL/USDT
-
USDT
(-)
- Real time data - CoinMarketCap
| Open: | - |
| Change: | - |
| Volume: | - |
| Low: | - |
| High: | - |
| High / Low range: | - |
| Type: | Cryptocurrencies |
| Ticker: | BALUSDT |
| ISIN: |
BALANCER - BAL/USDT - 1H - Technical analysis published on 05/14/2024 (GMT)
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- 05/14/2024 - 18:59
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- Timeframe : 1H
- - Analysis generated on 05/14/2024 - 18:59
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
61%
6%
My opinion
Bearish under 3.38 USDT
My targets
3.32 USDT (-0.90%)
3.14 USDT (-6.27%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BALANCER - BAL/USDT as long as the price remains well below 3.38 USDT. The sellers' bearish objective is set at 3.32 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.14 USDT. In case of crossing, the next objective would be the support located at 2.95 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7
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This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BALANCER - BAL/USDT rating is 3.35 USDT. The price is lower by -2.05% since the last closing and was traded between 3.31 USDT and 3.45 USDT over the period. The price is currently at +1.21% from its lowest and -2.90% from its highest.3.31
3.45
3.35
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of BALANCER - BAL/USDT in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 6 are bullish, 1 are neutral and 11 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 2.95 | 3.32 | 3.35 | 3.38 | 3.43 | 3.50 |
| Change (%) | -11.94% | -0.90% | - | +0.90% | +2.39% | +4.48% |
| Change | -0.40 | -0.03 | - | +0.03 | +0.08 | +0.15 |
| Level | Intermediate | Major | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.11 | 3.21 | 3.31 | 3.41 | 3.51 | 3.61 | 3.71 |
| Camarilla | 3.37 | 3.38 | 3.40 | 3.42 | 3.44 | 3.46 | 3.48 |
| Woodie | 3.12 | 3.21 | 3.32 | 3.41 | 3.52 | 3.61 | 3.72 |
| Fibonacci | 3.21 | 3.28 | 3.33 | 3.41 | 3.48 | 3.53 | 3.61 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.91 | 3.14 | 3.27 | 3.50 | 3.63 | 3.86 | 3.99 |
| Camarilla | 3.30 | 3.33 | 3.37 | 3.40 | 3.43 | 3.47 | 3.50 |
| Woodie | 2.86 | 3.12 | 3.22 | 3.48 | 3.58 | 3.84 | 3.94 |
| Fibonacci | 3.14 | 3.28 | 3.36 | 3.50 | 3.64 | 3.72 | 3.86 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.99 | 2.19 | 2.84 | 4.04 | 4.69 | 5.89 | 6.54 |
| Camarilla | 2.99 | 3.16 | 3.33 | 3.50 | 3.67 | 3.84 | 4.01 |
| Woodie | 0.73 | 2.05 | 2.58 | 3.90 | 4.43 | 5.75 | 6.28 |
| Fibonacci | 2.19 | 2.89 | 3.33 | 4.04 | 4.74 | 5.18 | 5.89 |
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): | 41.76 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | -17.93 | |
| AROON (14): | -85.72 | |
| DEMA (21): | 3.35 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.37 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 3.44 | |
| Zig ZAG (10): | 3.35 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 19.14 | |
| TEMA (21): | 3.34 | |
| Williams %R (14): | -71.32 | |
| Chande Momentum Oscillator (20): | -0.04 | |
| Repulse (5,40,3): | 0.2400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 3.98 |
| MA7: | 3.44 | |
| MA20: | 3.58 | |
| MA50: | 4.12 | |
| MA100: | 4.43 | |
| MAexp7: | 3.35 | |
| MAexp20: | 3.37 | |
| MAexp50: | 3.40 | |
| MAexp100: | 3.42 | |
| Price / MA7: | -2.62% | |
| Price / MA20: | -6.42% | |
| Price / MA50: | -18.69% | |
| Price / MA100: | -24.38% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.59% | |
| Price / MAexp50: | -1.47% | |
| Price / MAexp100: | -2.05% |
Quotes :
05/14/2024 - 18:59
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Real time data
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Cryptocompare
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