BINANCE COIN - BNB/BTC

- BTC (-)

- Real time data - CoinMarketCap

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	BNBBTC
ISIN:

BINANCE COIN - BNB/BTC - Daily - Technical analysis published on 05/15/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

50%

11%

39%

My opinion

Bullish above 0.011145 BTC

My targets

0.013109 BTC (+8.94%)

0.015427 BTC (+28.20%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BINANCE COIN - BNB/BTC as long as the price remains well above 0.011145 BTC. The buyers' bullish objective is set at 0.013109 BTC. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.015427 BTC. If there is any crossing, the next objective would be the resistance located at 0.019428 BTC. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by ppril. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The BINANCE COIN - BNB/BTC price is 0.012033 BTC. The price registered a decrease of -0.49% on the session and was between 0.011937 BTC and 0.012164 BTC. This implies that the price is at +0.80% from its lowest and at -1.08% from its highest.

0.011937

0.012164

0.012033

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this BINANCE COIN - BNB/BTC chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, only 9 technical indicators out of 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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 presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	0.005964	0.009951	0.011830	0.012033
Change (%)	-50.44%	-17.30%	-1.69%	-
Change	-0.006069	-0.002082	-0.000203	-
Level	Intermediate	Minor	Major	-

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.010973	0.011200	0.011646	0.011873	0.012319	0.012546	0.012992
Camarilla	0.011907	0.011969	0.012030	0.012092	0.012154	0.012215	0.012277
Woodie	0.011083	0.011255	0.011756	0.011928	0.012429	0.012601	0.013102
Fibonacci	0.011200	0.011457	0.011616	0.011873	0.012130	0.012289	0.012546

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.009113	0.009846	0.010412	0.011145	0.011711	0.012444	0.013010
Camarilla	0.010622	0.010741	0.010860	0.010979	0.011098	0.011217	0.011336
Woodie	0.009031	0.009804	0.010330	0.011103	0.011629	0.012402	0.012928
Fibonacci	0.009846	0.010342	0.010648	0.011145	0.011641	0.011947	0.012444

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000471	0.002789	0.006790	0.009108	0.013109	0.015427	0.019428
Camarilla	0.009054	0.009634	0.010213	0.010792	0.011371	0.011951	0.012530
Woodie	0.001314	0.003210	0.007633	0.009529	0.013952	0.015848	0.020271
Fibonacci	0.002789	0.005203	0.006694	0.009108	0.011522	0.013013	0.015427

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	64.49
MACD (12,26,9):	0.0008
Directional Movement:	10.919028
AROON (14):	85.714287
DEMA (21):	0.012185
Parabolic SAR (0,02-0,02-0,2):	0.011229
Elder Ray (13):	0.000584
Super Trend (3,10):	0.010032
Zig ZAG (10):	0.012005
VORTEX (21):	1.1432
Stochastique (14,3,5):	72.95
TEMA (21):	0.012046
Williams %R (14):	-19.37
Chande Momentum Oscillator (20):	0.000179
Repulse (5,40,3):	2.8842
ROCnROLL:	1
TRIX (15,9):	1.2452
Courbe Coppock:	17.56

MA7:	0.011728
MA20:	0.011203
MA50:	0.009096
MA100:	0.006626
MAexp7:	0.011739
MAexp20:	0.011097
MAexp50:	0.009380
MAexp100:	0.007344
Price / MA7:	+2.60%
Price / MA20:	+7.41%
Price / MA50:	+32.29%
Price / MA100:	+81.60%
Price / MAexp7:	+2.50%
Price / MAexp20:	+8.43%
Price / MAexp50:	+28.28%
Price / MAexp100:	+63.85%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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