BINANCE COIN - BNB/USDT
BINANCE COIN - BNB/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: BNBUSDT
ISIN:

BINANCE COIN - BNB/USDT - Weekly - Technical analysis published on 11/26/2022 (GMT)

  • 184
  • 0
  • Timeframe : Weekly
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Neutral
Underlying: Neutral
Technical indicators
44%
11%
44%
My opinion
Neutral between 263.03 USDT and 329.65 USDT
My targets
-
My analysis
There is no clear trend on BINANCE COIN - BNB/USDT either on the basics or in the short term. Under these conditions, it is difficult to advise a trading direction. Staying away seems to be the best solution. The first resistance is located at 329.65 USDT. The first support is located at 263.03 USDT.

Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.

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:
15 min. 1H Daily

Additional analysis

Quotes

The BINANCE COIN - BNB/USDT price is 311.55 USDT. The price is up +17.88% over 5 days with the lowest point at 252.23 USDT and the highest point at 317.40 USDT. The deviation from the price is +23.52% for the low point and -1.84% for the high point.

252.23
317.40
311.55

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this Weekly chart of BINANCE COIN - BNB/USDT indicates that the overall trend is not clearly defined. This indecision is confirmed by the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Weekly



The probability of a further increase is slight given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Weekly

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

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:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : Weekly




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 29.23 197.19 263.03 311.55 329.65 450.23 676.15
Change (%) -90.62% -36.71% -15.57% - +5.81% +44.51% +117.03%
Change -282.32 -114.36 -48.52 - +18.10 +138.68 +364.60
Level Minor Major Major - Intermediate Minor Major



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
Standard283.27288.63294.42299.78305.57310.93316.72
Camarilla297.13298.16299.18300.20301.22302.24303.27
Woodie283.48288.74294.63299.89305.78311.04316.93
Fibonacci288.63292.89295.52299.78304.04306.67310.93


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard231.31247.29259.91275.89288.51304.49317.11
Camarilla264.68267.30269.92272.54275.16277.78280.41
Woodie229.64246.45258.24275.05286.84303.65315.44
Fibonacci247.29258.21264.96275.89286.81293.56304.49


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard196.42226.96276.37306.91356.32386.86436.27
Camarilla303.80311.13318.46325.79333.12340.45347.78
Woodie205.87231.68285.82311.63365.77391.58445.72
Fibonacci226.96257.50276.37306.91337.45356.32386.86

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 51.56
MACD (12,26,9): -9.1900
Directional Movement: 1.25
AROON (14): -14.29
DEMA (21): 276.48
Parabolic SAR (0,02-0,02-0,2): 394.57
Elder Ray (13): -6.75
Super Trend (3,10): 372.16
Zig ZAG (10): 310.64
VORTEX (21): 1.0500
Stochastique (14,3,5): 20.68
TEMA (21): 290.30
Williams %R (14): -57.72
Chande Momentum Oscillator (20): 32.18
Repulse (5,40,3): 3.5200
ROCnROLL: -1
TRIX (15,9): -0.7700
Courbe Coppock: 6.44
MA7: 284.92
MA20: 286.05
MA50: 289.39
MA100: 285.67
MAexp7: 292.61
MAexp20: 293.70
MAexp50: 319.23
MAexp100: 300.90
Price / MA7: +9.35%
Price / MA20: +8.91%
Price / MA50: +7.66%
Price / MA100: +9.06%
Price / MAexp7: +6.47%
Price / MAexp20: +6.08%
Price / MAexp50: -2.41%
Price / MAexp100: +3.54%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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