BINANCE COIN - BNB/USDT - 1H - Technical analysis published on 12/12/2022 (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 bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 281.48 USDT
My targets
262.08 USDT (-4.99%)
235.40 USDT (-14.66%)
My analysis
The bearish trend is currently very strong for BINANCE COIN - BNB/USDT. As long as the price remains below the resistance at 281.48 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 262.08 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 235.40 USDT as an objective. Crossing it would then enable sellers to target 220.51 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7.1
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Additional analysis
Quotes
The BINANCE COIN - BNB/USDT price is 275.85 USDT. The price registered a decrease of -3.04% on the session with the lowest point at 272.29 USDT and the highest point at 285.73 USDT. The deviation from the price is +1.31% for the low point and -3.46% for the high point.272.29
285.73
275.85
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of BINANCE COIN - BNB/USDT in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 197.19 | 220.51 | 262.08 | 275.85 | 281.48 | 285.05 | 288.15 |
| Change (%) | -28.52% | -20.06% | -4.99% | - | +2.04% | +3.34% | +4.46% |
| Change | -78.66 | -55.34 | -13.77 | - | +5.63 | +9.20 | +12.30 |
| Level | Major | Minor | Major | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 274.32 | 278.98 | 281.74 | 286.40 | 289.16 | 293.82 | 296.58 |
| Camarilla | 282.47 | 283.15 | 283.83 | 284.51 | 285.19 | 285.87 | 286.55 |
| Woodie | 273.38 | 278.51 | 280.80 | 285.93 | 288.22 | 293.35 | 295.64 |
| Fibonacci | 278.98 | 281.81 | 283.56 | 286.40 | 289.23 | 290.98 | 293.82 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 265.11 | 273.30 | 280.69 | 288.88 | 296.27 | 304.46 | 311.85 |
| Camarilla | 283.81 | 285.23 | 286.66 | 288.09 | 289.52 | 290.95 | 292.38 |
| Woodie | 264.72 | 273.10 | 280.30 | 288.68 | 295.88 | 304.26 | 311.46 |
| Fibonacci | 273.30 | 279.25 | 282.93 | 288.88 | 294.83 | 298.51 | 304.46 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 90.95 | 170.54 | 235.40 | 314.99 | 379.85 | 459.44 | 524.30 |
| Camarilla | 260.55 | 273.79 | 287.03 | 300.27 | 313.51 | 326.75 | 339.99 |
| Woodie | 83.60 | 166.86 | 228.05 | 311.31 | 372.50 | 455.76 | 516.95 |
| Fibonacci | 170.54 | 225.72 | 259.81 | 314.99 | 370.17 | 404.26 | 459.44 |
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): | 27.57 | |
| MACD (12,26,9): | -2.4000 | |
| Directional Movement: | -42.31 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 280.12 | |
| Parabolic SAR (0,02-0,02-0,2): | 283.93 | |
| Elder Ray (13): | -4.68 | |
| Super Trend (3,10): | 284.17 | |
| Zig ZAG (10): | 276.99 | |
| VORTEX (21): | 0.7000 | |
| Stochastique (14,3,5): | 37.34 | |
| TEMA (21): | 278.62 | |
| Williams %R (14): | -64.14 | |
| Chande Momentum Oscillator (20): | -8.23 | |
| Repulse (5,40,3): | -1.3000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 4.30 |
| MA7: | 285.57 | |
| MA20: | 293.12 | |
| MA50: | 295.34 | |
| MA100: | 286.45 | |
| MAexp7: | 279.83 | |
| MAexp20: | 283.01 | |
| MAexp50: | 285.62 | |
| MAexp100: | 286.85 | |
| Price / MA7: | -3.40% | |
| Price / MA20: | -5.89% | |
| Price / MA50: | -6.60% | |
| Price / MA100: | -3.70% | |
| Price / MAexp7: | -1.42% | |
| Price / MAexp20: | -2.53% | |
| Price / MAexp50: | -3.42% | |
| Price / MAexp100: | -3.83% |
Quotes :
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Real time data
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Cryptocompare
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