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

BINANCE COIN - BNB/USDT - 15 min. - Technical analysis published on 05/12/2023 (GMT)

  • 240
  • 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 308.80 USDT
My targets
298.72 USDT (-1.22%)
293.03 USDT (-3.10%)
My analysis
BINANCE COIN - BNB/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 308.80 USDT. The next support located at 298.72 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 293.03 USDT. Below this support, sellers could then target 275.16 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.2

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 cassedre. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

BINANCE COIN - BNB/USDT rating 302.41 USDT. The price registered a decrease of -1.66% on the session with the lowest point at 301.52 USDT and the highest point at 308.99 USDT. The deviation from the price is +0.30% for the low point and -2.13% for the high point.

301.52
308.99
302.41

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 15 min. of this BINANCE COIN - BNB/USDT chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from 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.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 15 minutes


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 15 minutes



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 15 minutes


Support of channel is broken

Type : Bearish

Timeframe : 15 minutes



The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 15 minutes


Three white soldiers

Type : Bullish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 230.94 253.90 275.16 302.41 304.41 311.21 317.86
Change (%) -23.63% -16.04% -9.01% - +0.66% +2.91% +5.11%
Change -71.47 -48.51 -27.25 - +2.00 +8.80 +15.45
Level Minor Intermediate Major - Intermediate Intermediate Major



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
Standard293.03298.72303.11308.80313.19318.88323.27
Camarilla304.73305.65306.58307.50308.42309.35310.27
Woodie292.38298.40302.46308.48312.54318.56322.62
Fibonacci298.72302.57304.95308.80312.65315.03318.88


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard294.50307.01314.46326.97334.42346.93354.38
Camarilla316.42318.25320.08321.91323.74325.57327.40
Woodie291.97305.75311.93325.71331.89345.67351.85
Fibonacci307.01314.64319.35326.97334.60339.31346.93


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard257.66278.64308.06329.04358.46379.44408.86
Camarilla323.63328.25332.87337.49342.11346.73351.35
Woodie261.89280.75312.29331.15362.69381.55413.09
Fibonacci278.64297.89309.78329.04348.29360.18379.44

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 46.66
MACD (12,26,9): -0.3900
Directional Movement: -8.44
AROON (14): -57.14
DEMA (21): 305.53
Parabolic SAR (0,02-0,02-0,2): 304.15
Elder Ray (13): 0.02
Super Trend (3,10): 307.27
Zig ZAG (10): 305.80
VORTEX (21): 0.9200
Stochastique (14,3,5): 54.51
TEMA (21): 305.47
Williams %R (14): -46.27
Chande Momentum Oscillator (20): -0.62
Repulse (5,40,3): 0.2100
ROCnROLL: 2
TRIX (15,9): -0.0200
Courbe Coppock: 1.09
MA7: 313.61
MA20: 323.38
MA50: 321.84
MA100: 316.14
MAexp7: 305.51
MAexp20: 306.10
MAexp50: 306.94
MAexp100: 308.33
Price / MA7: -3.57%
Price / MA20: -6.48%
Price / MA50: -6.04%
Price / MA100: -4.34%
Price / MAexp7: -1.01%
Price / MAexp20: -1.21%
Price / MAexp50: -1.48%
Price / MAexp100: -1.92%

Quotes : - Real time data - Cryptocompare

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

About author

Online

Overall rating :
15749
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis BINANCE COIN - BNB/USDT - 15 min.