BINANCE COIN - BNB/USDT - 1H - Technical analysis published on 07/14/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
17%
33%
50%
My opinion
Bullish above 223.83 USDT
My targets
235.50 USDT (+2.49%)
239.91 USDT (+4.41%)
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/USDT as long as the price remains well above 223.83 USDT. The buyers' bullish objective is set at 235.50 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 239.91 USDT. If there is any crossing, the next objective would be the resistance located at 244.93 USDT.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.4
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Additional analysis
Quotes
The BINANCE COIN - BNB/USDT rating is 229.77 USDT. On the day, this instrument lost -0.32% and was between 227.30 USDT and 234.31 USDT. This implies that the price is at +1.09% from its lowest and at -1.94% from its highest.227.30
234.31
229.77
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
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of BINANCE COIN - BNB/USDT indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 221.20 | 223.83 | 228.92 | 229.77 | 235.50 | 239.91 | 244.93 |
| Change (%) | -3.73% | -2.59% | -0.37% | - | +2.49% | +4.41% | +6.60% |
| Change | -8.57 | -5.94 | -0.85 | - | +5.73 | +10.14 | +15.16 |
| Level | Minor | Minor | Major | - | Intermediate | Minor | Intermediate |
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 | 207.03 | 211.89 | 221.20 | 226.06 | 235.37 | 240.23 | 249.54 |
| Camarilla | 226.60 | 227.90 | 229.20 | 230.50 | 231.80 | 233.10 | 234.40 |
| Woodie | 209.25 | 213.00 | 223.42 | 227.17 | 237.59 | 241.34 | 251.76 |
| Fibonacci | 211.89 | 217.31 | 220.65 | 226.06 | 231.48 | 234.82 | 240.23 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 189.90 | 202.11 | 222.70 | 234.91 | 255.50 | 267.71 | 288.30 |
| Camarilla | 234.27 | 237.28 | 240.28 | 243.29 | 246.30 | 249.30 | 252.31 |
| Woodie | 194.09 | 204.21 | 226.89 | 237.01 | 259.69 | 269.81 | 292.49 |
| Fibonacci | 202.11 | 214.64 | 222.38 | 234.91 | 247.44 | 255.18 | 267.71 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.02 | 102.62 | 161.04 | 242.64 | 301.06 | 382.66 | 441.08 |
| Camarilla | 180.97 | 193.80 | 206.64 | 219.47 | 232.31 | 245.14 | 257.98 |
| Woodie | 9.44 | 96.83 | 149.46 | 236.85 | 289.48 | 376.87 | 429.50 |
| Fibonacci | 102.62 | 156.10 | 189.15 | 242.64 | 296.12 | 329.17 | 382.66 |
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): | 53.30 | |
| MACD (12,26,9): | 1.0200 | |
| Directional Movement: | -1.62 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 230.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 233.90 | |
| Elder Ray (13): | -0.77 | |
| Super Trend (3,10): | 226.13 | |
| Zig ZAG (10): | 229.20 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 38.40 | |
| TEMA (21): | 230.66 | |
| Williams %R (14): | -65.55 | |
| Chande Momentum Oscillator (20): | -3.58 | |
| Repulse (5,40,3): | 0.3900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 2.17 |
| MA7: | 232.08 | |
| MA20: | 229.72 | |
| MA50: | 251.50 | |
| MA100: | 310.19 | |
| MAexp7: | 229.42 | |
| MAexp20: | 228.78 | |
| MAexp50: | 227.75 | |
| MAexp100: | 228.91 | |
| Price / MA7: | -1.00% | |
| Price / MA20: | +0.02% | |
| Price / MA50: | -8.64% | |
| Price / MA100: | -25.93% | |
| Price / MAexp7: | +0.15% | |
| Price / MAexp20: | +0.43% | |
| Price / MAexp50: | +0.89% | |
| Price / MAexp100: | +0.38% |
Quotes :
-
Real time data
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Cryptocompare
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