BINANCE COIN - BNB/USDT - 1H - Technical analysis published on 11/02/2022 (GMT)
- 177
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- 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 bearish
Underlying:
Slightly bullish
Technical indicators
22%
44%
33%
My opinion
Bearish under 329.65 USDT
My targets
317.54 USDT (-1.30%)
307.01 USDT (-4.57%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for BINANCE COIN - BNB/USDT as long as the price remains well below 329.65 USDT. The next bearish objective for sellers is set at 317.54 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 307.01 USDT. In case of crossing, the next objective would be the support located at 296.36 USDT. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 317.54 USDT. With this support, against the trend traders who want to buy BINANCE COIN - BNB/USDT on a buy signal from their trading strategy should not hesitate to act.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
1.4
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 finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BINANCE COIN - BNB/USDT price is 321.71 USDT. The price is lower by -0.69% since the last closing with the lowest point at 319.45 USDT and the highest point at 327.92 USDT. The deviation from the price is +0.71% for the low point and -1.89% for the high point.319.45
327.92
321.71
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BINANCE COIN - BNB/USDT:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this BINANCE COIN - BNB/USDT chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 296.36 | 307.01 | 317.54 | 321.71 | 329.65 | 337.44 | 377.22 |
| Change (%) | -7.88% | -4.57% | -1.30% | - | +2.47% | +4.89% | +17.25% |
| Change | -25.35 | -14.70 | -4.17 | - | +7.94 | +15.73 | +55.51 |
| Level | Intermediate | Minor | Intermediate | - | Major | Intermediate | 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 | 299.25 | 308.42 | 316.17 | 325.34 | 333.09 | 342.26 | 350.01 |
| Camarilla | 319.28 | 320.83 | 322.38 | 323.93 | 325.48 | 327.03 | 328.58 |
| Woodie | 298.55 | 308.07 | 315.47 | 324.99 | 332.39 | 341.91 | 349.31 |
| Fibonacci | 308.42 | 314.88 | 318.87 | 325.34 | 331.80 | 335.79 | 342.26 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 240.10 | 254.49 | 279.45 | 293.84 | 318.80 | 333.19 | 358.15 |
| Camarilla | 293.60 | 297.21 | 300.81 | 304.42 | 308.03 | 311.63 | 315.24 |
| Woodie | 245.40 | 257.13 | 284.75 | 296.48 | 324.10 | 335.83 | 363.45 |
| Fibonacci | 254.49 | 269.52 | 278.81 | 293.84 | 308.87 | 318.16 | 333.19 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 196.42 | 226.96 | 276.37 | 306.91 | 356.32 | 386.86 | 436.27 |
| Camarilla | 303.80 | 311.13 | 318.46 | 325.79 | 333.12 | 340.45 | 347.78 |
| Woodie | 205.87 | 231.68 | 285.82 | 311.63 | 365.77 | 391.58 | 445.72 |
| Fibonacci | 226.96 | 257.50 | 276.37 | 306.91 | 337.45 | 356.32 | 386.86 |
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): | 43.23 | |
| MACD (12,26,9): | -0.2700 | |
| Directional Movement: | -6.18 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 323.69 | |
| Parabolic SAR (0,02-0,02-0,2): | 327.16 | |
| Elder Ray (13): | -1.86 | |
| Super Trend (3,10): | 328.60 | |
| Zig ZAG (10): | 321.50 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 31.93 | |
| TEMA (21): | 322.67 | |
| Williams %R (14): | -76.27 | |
| Chande Momentum Oscillator (20): | -3.20 | |
| Repulse (5,40,3): | -0.3700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.66 |
| MA7: | 310.60 | |
| MA20: | 286.93 | |
| MA50: | 281.32 | |
| MA100: | 287.81 | |
| MAexp7: | 323.26 | |
| MAexp20: | 323.90 | |
| MAexp50: | 322.37 | |
| MAexp100: | 316.18 | |
| Price / MA7: | +3.58% | |
| Price / MA20: | +12.12% | |
| Price / MA50: | +14.36% | |
| Price / MA100: | +11.78% | |
| Price / MAexp7: | -0.48% | |
| Price / MAexp20: | -0.68% | |
| Price / MAexp50: | -0.20% | |
| Price / MAexp100: | +1.75% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis BINANCE COIN - BNB/USDT - 1H