BINANCE COIN - BNB/BTC - 1H - Technical analysis published on 01/09/2020 (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
Court terme:
Bearish
De fond:
Strongly bearish
Technical indicators
28%
17%
56%
My opinion
Bearish under 0.001860 BTC
My targets
0.001786 BTC (-1.38%)
0.001762 BTC (-2.71%)
My analysis
The bearish basic trend is very strong on BINANCE COIN - BNB/BTC but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.001860 BTC. Crossing the first support at 0.001786 BTC would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.001762 BTC as an objective. Crossing it would then enable sellers to target 0.001442 BTC. Caution, a return to above the resistance located at 0.001860 BTC would be a sign of a possible consolidation phase of the short-term basic trend. 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
3.9
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Additional analysis
Quotes
The BINANCE COIN - BNB/BTC price is 0.001811 BTC. The price registered an increase of +0.28% on the session and was traded between 0.001805 BTC and 0.001839 BTC over the period. The price is currently at +0.33% from its lowest and -1.52% from its highest.0.001805
0.001839
0.001811
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 this 1H chart of BINANCE COIN - BNB/BTC indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 10 are neutral and 3 are bearish. The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.001442 | 0.001762 | 0.001786 | 0.001811 | 0.001814 | 0.001860 | 0.001888 |
Change (%) | -20.38% | -2.71% | -1.38% | - | +0.17% | +2.71% | +4.25% |
Change | -0.000369 | -0.000049 | -0.000025 | - | +0.000003 | +0.000049 | +0.000077 |
Level | Intermediate | Intermediate | Minor | - | Minor | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.001675 | 0.001716 | 0.001761 | 0.001802 | 0.001847 | 0.001888 | 0.001933 |
Camarilla | 0.001782 | 0.001790 | 0.001798 | 0.001806 | 0.001814 | 0.001822 | 0.001830 |
Woodie | 0.001677 | 0.001717 | 0.001763 | 0.001803 | 0.001849 | 0.001889 | 0.001935 |
Fibonacci | 0.001716 | 0.001749 | 0.001769 | 0.001802 | 0.001835 | 0.001855 | 0.001888 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.001737 | 0.001794 | 0.001835 | 0.001892 | 0.001933 | 0.001990 | 0.002031 |
Camarilla | 0.001849 | 0.001858 | 0.001867 | 0.001876 | 0.001885 | 0.001894 | 0.001903 |
Woodie | 0.001729 | 0.001790 | 0.001827 | 0.001888 | 0.001925 | 0.001986 | 0.002023 |
Fibonacci | 0.001794 | 0.001831 | 0.001855 | 0.001892 | 0.001929 | 0.001953 | 0.001990 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.001425 | 0.001614 | 0.001760 | 0.001949 | 0.002095 | 0.002284 | 0.002430 |
Camarilla | 0.001815 | 0.001846 | 0.001876 | 0.001907 | 0.001938 | 0.001968 | 0.001999 |
Woodie | 0.001405 | 0.001603 | 0.001740 | 0.001938 | 0.002075 | 0.002273 | 0.002410 |
Fibonacci | 0.001614 | 0.001742 | 0.001821 | 0.001949 | 0.002077 | 0.002156 | 0.002284 |
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): | 53.29 | |
MACD (12,26,9): | 0.0000 | |
Directional Movement: | 5.272923 | |
AROON (14): | 42.857143 | |
DEMA (21): | 0.001828 | |
Parabolic SAR (0,02-0,02-0,2): | 0.001837 | |
Elder Ray (13): | 0.000002 | |
Super Trend (3,10): | 0.001801 | |
Zig ZAG (10): | 0.001826 | |
VORTEX (21): | 1.1036 | |
Stochastique (14,3,5): | 51.05 | |
TEMA (21): | 0.001834 | |
Williams %R (14): | -59.09 | |
Chande Momentum Oscillator (20): | 0.000001 | |
Repulse (5,40,3): | -0.0161 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0397 | |
Courbe Coppock: | 0.99 |
MA7: | 0.001863 | |
MA20: | 0.001862 | |
MA50: | 0.001983 | |
MA100: | 0.002085 | |
MAexp7: | 0.001827 | |
MAexp20: | 0.001823 | |
MAexp50: | 0.001827 | |
MAexp100: | 0.001844 | |
Price / MA7: | -2.79% | |
Price / MA20: | -2.74% | |
Price / MA50: | -8.67% | |
Price / MA100: | -13.14% | |
Price / MAexp7: | -0.88% | |
Price / MAexp20: | -0.66% | |
Price / MAexp50: | -0.88% | |
Price / MAexp100: | -1.79% |
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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