BINANCE COIN - BNB/USDT - Daily - Technical analysis published on 12/21/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 262.08 USDT
My targets
240.19 USDT (-3.43%)
220.51 USDT (-11.34%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BINANCE COIN - BNB/USDT as long as the price remains well below 262.08 USDT. The sellers' bearish objective is set at 240.19 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 220.51 USDT. In case of crossing, the next objective would be the support located at 197.19 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7
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Additional analysis
Quotes
The BINANCE COIN - BNB/USDT rating is 248.71 USDT. The price is lower by -1.03% since the last closing with the lowest point at 247.23 USDT and the highest point at 251.34 USDT. The deviation from the price is +0.60% for the low point and -1.05% for the high point.247.23
251.34
248.71
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BINANCE COIN - BNB/USDT:
Technical
Technical analysis of BINANCE COIN - BNB/USDT in Daily shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
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.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 197.19 | 220.51 | 240.19 | 248.71 | 262.08 | 311.21 | 329.27 |
| Change (%) | -20.71% | -11.34% | -3.43% | - | +5.38% | +25.13% | +32.39% |
| Change | -51.52 | -28.20 | -8.52 | - | +13.37 | +62.50 | +80.56 |
| Level | Major | Intermediate | Major | - | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 229.57 | 234.54 | 242.91 | 247.88 | 256.25 | 261.22 | 269.59 |
| Camarilla | 247.62 | 248.84 | 250.07 | 251.29 | 252.51 | 253.74 | 254.96 |
| Woodie | 231.28 | 235.39 | 244.62 | 248.73 | 257.96 | 262.07 | 271.30 |
| Fibonacci | 234.54 | 239.63 | 242.78 | 247.88 | 252.97 | 256.12 | 261.22 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 140.26 | 180.21 | 211.16 | 251.11 | 282.06 | 322.01 | 352.96 |
| Camarilla | 222.62 | 229.12 | 235.62 | 242.12 | 248.62 | 255.12 | 261.62 |
| Woodie | 135.77 | 177.96 | 206.67 | 248.86 | 277.57 | 319.76 | 348.47 |
| Fibonacci | 180.21 | 207.29 | 224.02 | 251.11 | 278.19 | 294.92 | 322.01 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 39.50 | |
| MACD (12,26,9): | -12.1000 | |
| Directional Movement: | -21.19 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 251.14 | |
| Parabolic SAR (0,02-0,02-0,2): | 269.14 | |
| Elder Ray (13): | -9.38 | |
| Super Trend (3,10): | 278.58 | |
| Zig ZAG (10): | 248.34 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 37.04 | |
| TEMA (21): | 242.95 | |
| Williams %R (14): | -60.49 | |
| Chande Momentum Oscillator (20): | -37.51 | |
| Repulse (5,40,3): | 0.3500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4500 | |
| Courbe Coppock: | 27.97 |
| MA7: | 246.07 | |
| MA20: | 271.27 | |
| MA50: | 286.55 | |
| MA100: | 283.49 | |
| MAexp7: | 250.95 | |
| MAexp20: | 265.47 | |
| MAexp50: | 277.84 | |
| MAexp100: | 283.46 | |
| Price / MA7: | +1.07% | |
| Price / MA20: | -8.32% | |
| Price / MA50: | -13.21% | |
| Price / MA100: | -12.27% | |
| Price / MAexp7: | -0.89% | |
| Price / MAexp20: | -6.31% | |
| Price / MAexp50: | -10.48% | |
| Price / MAexp100: | -12.26% |
Quotes :
-
Real time data
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