BINANCE COIN - BNB/USDT - 1H - Technical analysis published on 11/26/2022 (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
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 305.15 USDT
My targets
329.65 USDT (+4.65%)
354.57 USDT (+12.56%)
My analysis
The bullish trend is currently very strong on BINANCE COIN - BNB/USDT. As long as the price remains above the support at 305.15 USDT, you could try to benefit from the boom. The first bullish objective is located at 329.65 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 354.57 USDT as an objective. Crossing it would then enable buyers to target 450.23 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 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
0
10
7.9
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Additional analysis
Quotes
BINANCE COIN - BNB/USDT rating 315.01 USDT. On the day, this instrument gained +4.94% with the lowest point at 299.97 USDT and the highest point at 317.40 USDT. The deviation from the price is +5.01% for the low point and -0.75% for the high point.299.97
317.40
315.01
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
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 strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being 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, 12 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
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 horizontal resistance
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 274.62 | 296.44 | 305.15 | 315.01 | 329.65 | 354.57 | 450.23 |
| Change (%) | -12.82% | -5.90% | -3.13% | - | +4.65% | +12.56% | +42.93% |
| Change | -40.39 | -18.57 | -9.86 | - | +14.64 | +39.56 | +135.22 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 283.26 | 288.63 | 294.41 | 299.78 | 305.56 | 310.93 | 316.71 |
| Camarilla | 297.12 | 298.15 | 299.17 | 300.19 | 301.21 | 302.23 | 303.26 |
| Woodie | 283.47 | 288.73 | 294.62 | 299.88 | 305.77 | 311.03 | 316.92 |
| Fibonacci | 288.63 | 292.89 | 295.52 | 299.78 | 304.04 | 306.67 | 310.93 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 231.31 | 247.29 | 259.91 | 275.89 | 288.51 | 304.49 | 317.11 |
| Camarilla | 264.68 | 267.30 | 269.92 | 272.54 | 275.16 | 277.78 | 280.41 |
| Woodie | 229.64 | 246.45 | 258.24 | 275.05 | 286.84 | 303.65 | 315.44 |
| Fibonacci | 247.29 | 258.21 | 264.96 | 275.89 | 286.81 | 293.56 | 304.49 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 77.33 | |
| MACD (12,26,9): | 4.1300 | |
| Directional Movement: | 32.15 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 315.22 | |
| Parabolic SAR (0,02-0,02-0,2): | 311.33 | |
| Elder Ray (13): | 3.21 | |
| Super Trend (3,10): | 309.24 | |
| Zig ZAG (10): | 315.39 | |
| VORTEX (21): | 1.3300 | |
| Stochastique (14,3,5): | 86.20 | |
| TEMA (21): | 316.78 | |
| Williams %R (14): | -17.22 | |
| Chande Momentum Oscillator (20): | 6.71 | |
| Repulse (5,40,3): | -0.0300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1800 | |
| Courbe Coppock: | 7.91 |
| MA7: | 285.39 | |
| MA20: | 286.30 | |
| MA50: | 289.50 | |
| MA100: | 285.72 | |
| MAexp7: | 313.97 | |
| MAexp20: | 309.98 | |
| MAexp50: | 303.52 | |
| MAexp100: | 295.34 | |
| Price / MA7: | +10.38% | |
| Price / MA20: | +10.03% | |
| Price / MA50: | +8.81% | |
| Price / MA100: | +10.25% | |
| Price / MAexp7: | +0.33% | |
| Price / MAexp20: | +1.62% | |
| Price / MAexp50: | +3.79% | |
| Price / MAexp100: | +6.66% |
Quotes :
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Real time data
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