BARNBRIDGE - BOND/USDT - Daily - Technical analysis published on 01/14/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 3.65 USDT
My targets
3.02 USDT (-14.69%)
2.48 USDT (-30.03%)
My analysis
In the short term, we can see an acceleration in the bearish trend on BARNBRIDGE - BOND/USDT, which is a positive signal for sellers. As long as the price remains above 3.65 USDT, a sale could be considered. The first bearish objective is located at 3.02 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 2.48 USDT as an objective. Crossing it would then enable sellers to target 2.07 USDT. If the price were to return above 3.65 USDT, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
4.3
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This analysis was given by Andrii. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BARNBRIDGE - BOND/USDT rating 3.54 USDT. The price has increased by +1.72% since the last closing and was between 3.34 USDT and 3.58 USDT. This implies that the price is at +5.99% from its lowest and at -1.12% from its highest.3.34
3.58
3.54
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
A technical analysis in Daily of this BARNBRIDGE - BOND/USDT chart shows a bearish trend. The signals given by moving averages are 64.29% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a slightly bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
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 | 1.63 | 2.07 | 3.02 | 3.54 | 3.65 | 4.65 | 5.42 |
| Change (%) | -53.95% | -41.53% | -14.69% | - | +3.11% | +31.36% | +53.11% |
| Change | -1.91 | -1.47 | -0.52 | - | +0.11 | +1.11 | +1.88 |
| Level | Minor | Intermediate | Intermediate | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.19 | 3.31 | 3.40 | 3.52 | 3.61 | 3.73 | 3.82 |
| Camarilla | 3.42 | 3.44 | 3.46 | 3.48 | 3.50 | 3.52 | 3.54 |
| Woodie | 3.17 | 3.30 | 3.38 | 3.51 | 3.59 | 3.72 | 3.80 |
| Fibonacci | 3.31 | 3.39 | 3.44 | 3.52 | 3.60 | 3.65 | 3.73 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.43 | 2.84 | 3.16 | 3.57 | 3.89 | 4.30 | 4.62 |
| Camarilla | 3.28 | 3.35 | 3.41 | 3.48 | 3.55 | 3.61 | 3.68 |
| Woodie | 2.39 | 2.82 | 3.12 | 3.55 | 3.85 | 4.28 | 4.58 |
| Fibonacci | 2.84 | 3.12 | 3.29 | 3.57 | 3.85 | 4.02 | 4.30 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -2.25 | 0.60 | 2.48 | 5.33 | 7.21 | 10.06 | 11.94 |
| Camarilla | 3.05 | 3.48 | 3.92 | 4.35 | 4.78 | 5.22 | 5.65 |
| Woodie | -2.75 | 0.36 | 1.99 | 5.09 | 6.72 | 9.82 | 11.45 |
| Fibonacci | 0.60 | 2.41 | 3.53 | 5.33 | 7.14 | 8.26 | 10.06 |
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): | 44.27 | |
| MACD (12,26,9): | -0.1900 | |
| Directional Movement: | 2.02 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 3.63 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.93 | |
| Elder Ray (13): | -0.27 | |
| Super Trend (3,10): | 4.71 | |
| Zig ZAG (10): | 3.55 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 15.70 | |
| TEMA (21): | 3.42 | |
| Williams %R (14): | -80.57 | |
| Chande Momentum Oscillator (20): | -1.12 | |
| Repulse (5,40,3): | -0.2100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3900 | |
| Courbe Coppock: | 44.65 |
| MA7: | 3.53 | |
| MA20: | 4.02 | |
| MA50: | 3.98 | |
| MA100: | 3.89 | |
| MAexp7: | 3.57 | |
| MAexp20: | 3.84 | |
| MAexp50: | 3.94 | |
| MAexp100: | 3.78 | |
| Price / MA7: | +0.28% | |
| Price / MA20: | -11.94% | |
| Price / MA50: | -11.06% | |
| Price / MA100: | -9.00% | |
| Price / MAexp7: | -0.84% | |
| Price / MAexp20: | -7.81% | |
| Price / MAexp50: | -10.15% | |
| Price / MAexp100: | -6.35% |
Quotes :
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Real time data
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