BANCOR - BNT/USD - 1H - Technical analysis published on 10/28/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Neutral
Technical indicators
39%
22%
39%
My opinion
Neutral between 0.456891 USD and 0.491517 USD
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.491517 USD. The first support is located at 0.456891 USD. However, the chances of finding the first resistance before the first support are slightly higher. Without a basic trend, it is be important to monitor the price response at these levels. A bullish break in resistance or a bearish break in support could provide a signal that would set a new direction for the basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by BANCOR NETWORK TOKEN - BNT/USD.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this 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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BANCOR NETWORK TOKEN - BNT/USD rating is 0.488328 USD. The price registered a decrease of -0.14% on the session with the lowest point at 0.480049 USD and the highest point at 0.492348 USD. The deviation from the price is +1.72% for the low point and -0.82% for the high point.0.480049
0.492348
0.488328
The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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/USD:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of BANCOR NETWORK TOKEN - BNT/USD in 1H shows a neutral overall trend. This indecision could turn into a bullish trend due to the bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 7 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Upside gap
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.337259 | 0.456891 | 0.488328 | 0.491517 | 0.510783 | 0.531481 |
| Change (%) | -30.94% | -6.44% | - | +0.65% | +4.60% | +8.84% |
| Change | -0.151069 | -0.031437 | - | +0.003189 | +0.022455 | +0.043153 |
| Level | Intermediate | Intermediate | - | Intermediate | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.462820 | 0.469263 | 0.479133 | 0.485576 | 0.495446 | 0.501889 | 0.511759 |
| Camarilla | 0.484516 | 0.486011 | 0.487507 | 0.489002 | 0.490497 | 0.491993 | 0.493488 |
| Woodie | 0.464533 | 0.470120 | 0.480846 | 0.486433 | 0.497159 | 0.502746 | 0.513472 |
| Fibonacci | 0.469263 | 0.475495 | 0.479345 | 0.485576 | 0.491808 | 0.495658 | 0.501889 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.371191 | 0.419292 | 0.450841 | 0.498942 | 0.530491 | 0.578592 | 0.610141 |
| Camarilla | 0.460487 | 0.467789 | 0.475090 | 0.482391 | 0.489692 | 0.496994 | 0.504295 |
| Woodie | 0.362916 | 0.415154 | 0.442566 | 0.494804 | 0.522216 | 0.574454 | 0.601866 |
| Fibonacci | 0.419292 | 0.449718 | 0.468515 | 0.498942 | 0.529368 | 0.548165 | 0.578592 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.345797 | 0.397000 | 0.453463 | 0.504666 | 0.561129 | 0.612332 | 0.668795 |
| Camarilla | 0.480318 | 0.490187 | 0.500057 | 0.509926 | 0.519795 | 0.529665 | 0.539534 |
| Woodie | 0.348427 | 0.398315 | 0.456093 | 0.505981 | 0.563759 | 0.613647 | 0.671425 |
| Fibonacci | 0.397000 | 0.438128 | 0.463538 | 0.504666 | 0.545794 | 0.571204 | 0.612332 |
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): | 53.70 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | -1.382814 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.486686 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.490029 | |
| Elder Ray (13): | 0.000200 | |
| Super Trend (3,10): | 0.480312 | |
| Zig ZAG (10): | 0.487817 | |
| VORTEX (21): | 0.9090 | |
| Stochastique (14,3,5): | 43.15 | |
| TEMA (21): | 0.486871 | |
| Williams %R (14): | -38.29 | |
| Chande Momentum Oscillator (20): | 0.001237 | |
| Repulse (5,40,3): | 1.0958 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0162 | |
| Courbe Coppock: | 0.95 |
| MA7: | 0.497236 | |
| MA20: | 0.501090 | |
| MA50: | 0.497094 | |
| MA100: | 0.503749 | |
| MAexp7: | 0.486292 | |
| MAexp20: | 0.486278 | |
| MAexp50: | 0.486807 | |
| MAexp100: | 0.491278 | |
| Price / MA7: | -1.79% | |
| Price / MA20: | -2.55% | |
| Price / MA50: | -1.76% | |
| Price / MA100: | -3.06% | |
| Price / MAexp7: | +0.42% | |
| Price / MAexp20: | +0.42% | |
| Price / MAexp50: | +0.31% | |
| Price / MAexp100: | -0.60% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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