BINANCE COIN - BNB/USDT - 15 min. - Technical analysis published on 01/31/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
33%
50%
My opinion
Bearish under 309.00 USDT
My targets
304.91 USDT (-0.42%)
302.21 USDT (-1.30%)
My analysis
The bearish trend is currently very strong for BINANCE COIN - BNB/USDT. As long as the price remains below the resistance at 309.00 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 304.91 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 302.21 USDT as an objective. Crossing it would then enable sellers to target 298.12 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.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.6
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Additional analysis
Quotes
BINANCE COIN - BNB/USDT rating 306.19 USDT. The price is lower by -0.46% since the last closing and was traded between 305.70 USDT and 308.19 USDT over the period. The price is currently at +0.16% from its lowest and -0.65% from its highest.305.70
308.19
306.19
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 BINANCE COIN - BNB/USDT in 15 min. 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. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 15 minutes
On the 18 technical indicators analysed, 3 are bullish, 9 are neutral and 6 are 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 which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 287.52 | 296.62 | 303.11 | 306.19 | 307.59 | 311.89 | 324.01 |
| Change (%) | -6.10% | -3.13% | -1.01% | - | +0.46% | +1.86% | +5.82% |
| Change | -18.67 | -9.57 | -3.08 | - | +1.40 | +5.70 | +17.82 |
| Level | Minor | Intermediate | Minor | - | Major | Major | 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 | 298.12 | 302.21 | 304.91 | 309.00 | 311.70 | 315.79 | 318.49 |
| Camarilla | 305.73 | 306.36 | 306.98 | 307.60 | 308.22 | 308.85 | 309.47 |
| Woodie | 297.42 | 301.86 | 304.21 | 308.65 | 311.00 | 315.44 | 317.79 |
| Fibonacci | 302.21 | 304.81 | 306.41 | 309.00 | 311.60 | 313.20 | 315.79 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 254.03 | 270.78 | 288.19 | 304.94 | 322.35 | 339.10 | 356.51 |
| Camarilla | 296.22 | 299.35 | 302.48 | 305.61 | 308.74 | 311.87 | 315.00 |
| Woodie | 254.37 | 270.95 | 288.53 | 305.11 | 322.69 | 339.27 | 356.85 |
| Fibonacci | 270.78 | 283.83 | 291.89 | 304.94 | 317.99 | 326.05 | 339.10 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 143.56 | 187.78 | 249.84 | 294.06 | 356.12 | 400.34 | 462.40 |
| Camarilla | 282.66 | 292.41 | 302.15 | 311.89 | 321.63 | 331.38 | 341.12 |
| Woodie | 152.47 | 192.24 | 258.75 | 298.52 | 365.03 | 404.80 | 471.31 |
| Fibonacci | 187.78 | 228.38 | 253.46 | 294.06 | 334.66 | 359.74 | 400.34 |
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): | 45.95 | |
| MACD (12,26,9): | -0.3700 | |
| Directional Movement: | -4.24 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 306.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 307.27 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 308.17 | |
| Zig ZAG (10): | 306.69 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 35.41 | |
| TEMA (21): | 306.36 | |
| Williams %R (14): | -72.01 | |
| Chande Momentum Oscillator (20): | -0.52 | |
| Repulse (5,40,3): | -0.1000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 0.20 |
| MA7: | 304.24 | |
| MA20: | 306.60 | |
| MA50: | 295.29 | |
| MA100: | 265.91 | |
| MAexp7: | 306.47 | |
| MAexp20: | 306.84 | |
| MAexp50: | 307.71 | |
| MAexp100: | 308.36 | |
| Price / MA7: | +0.64% | |
| Price / MA20: | -0.13% | |
| Price / MA50: | +3.69% | |
| Price / MA100: | +15.15% | |
| Price / MAexp7: | -0.09% | |
| Price / MAexp20: | -0.21% | |
| Price / MAexp50: | -0.49% | |
| Price / MAexp100: | -0.70% |
Quotes :
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Real time data
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