BINANCE COIN - BNB/USDT
BINANCE COIN - BNB/USDT
- USDT (-)
- Real time data - Cryptocompare
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Change: -
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High / Low range: -
Type: Cryptocurrencies
Ticker: BNBUSDT
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BINANCE COIN - BNB/USDT - 1H - Technical analysis published on 12/29/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Neutral
Technical indicators
44%
22%
33%
My opinion
Bullish above 244.28 USDT
My targets
247.95 USDT (+0.83%)
249.74 USDT (+1.56%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for BINANCE COIN - BNB/USDT as long as the price remains well above 244.28 USDT. The buyers' bullish objective is set at 247.95 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 249.74 USDT. If there is any crossing, the next objective would be the resistance located at 252.84 USDT.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
1.8

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. Daily Weekly

Additional analysis

Quotes

The BINANCE COIN - BNB/USDT price is 245.90 USDT. On the day, this instrument gained +0.66% and was traded between 243.22 USDT and 246.65 USDT over the period. The price is currently at +1.10% from its lowest and -0.30% from its highest.

243.22
246.65
245.90

Here is a more detailed summary of the historical variations registered by BINANCE COIN - BNB/USDT:

Technical


A technical analysis in 1H of this BINANCE COIN - BNB/USDT chart shows a neutral trend. The trend could quickly turn bullish due to the strong bullish 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.

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.
The Central Indicators scanner found no further results concerning independent technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 240.44 241.96 244.28 245.90 247.95 249.74 252.84
Change (%) -2.22% -1.60% -0.66% - +0.83% +1.56% +2.82%
Change -5.46 -3.94 -1.62 - +2.05 +3.84 +6.94
Level Minor Intermediate Major - Major Minor Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard236.74239.33241.82244.41246.90249.49251.98
Camarilla242.90243.37243.83244.30244.77245.23245.70
Woodie236.68239.31241.76244.39246.84249.47251.92
Fibonacci239.33241.27242.47244.41246.35247.55249.49


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard221.19229.39236.95245.15252.71260.91268.47
Camarilla240.19241.63243.08244.52245.97247.41248.85
Woodie220.88229.23236.64244.99252.40260.75268.16
Fibonacci229.39235.41239.13245.15251.17254.89260.91


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard193.85221.98261.13289.26328.41356.54395.69
Camarilla281.77287.94294.10300.27306.44312.61318.77
Woodie199.35224.74266.63292.02333.91359.30401.19
Fibonacci221.98247.68263.56289.26314.96330.84356.54

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): 54.77
MACD (12,26,9): 0.0900
Directional Movement: 0.15
AROON (14): -71.42
DEMA (21): 243.38
Parabolic SAR (0,02-0,02-0,2): 244.93
Elder Ray (13): 0.25
Super Trend (3,10): 244.27
Zig ZAG (10): 243.73
VORTEX (21): 1.0700
Stochastique (14,3,5): 47.44
TEMA (21): 243.56
Williams %R (14): -51.33
Chande Momentum Oscillator (20): -0.56
Repulse (5,40,3): 0.2300
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 0.41
MA7: 244.82
MA20: 257.63
MA50: 275.29
MA100: 281.67
MAexp7: 243.47
MAexp20: 243.40
MAexp50: 243.55
MAexp100: 243.98
Price / MA7: +0.44%
Price / MA20: -4.55%
Price / MA50: -10.68%
Price / MA100: -12.70%
Price / MAexp7: +1.00%
Price / MAexp20: +1.03%
Price / MAexp50: +0.96%
Price / MAexp100: +0.79%

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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