BINANCE COIN - BNB/USDT - 15 min. - Technical analysis published on 03/11/2024 (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
28%
50%
22%
My opinion
Bearish under 535.12 USDT
My targets
516.98 USDT (-0.23%)
496.81 USDT (-4.13%)
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 535.12 USDT. The next support located at 516.98 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 496.81 USDT. Below this support, sellers could then target 464.72 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.4
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This analysis was given by Medhanie. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BINANCE COIN - BNB/USDT rating 518.20 USDT. On the day, this instrument lost -2.02% with the lowest point at 506.31 USDT and the highest point at 533.68 USDT. The deviation from the price is +2.35% for the low point and -2.90% for the high point.506.31
533.68
518.20
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:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of BINANCE COIN - BNB/USDT indicates that the overall trend is strongly bearish. 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.
On the 18 technical indicators analysed, 5 are bullish, 4 are neutral and 9 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Dragon-fly doji
Type : Bullish
Timeframe : 15 minutes
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
Bearish harami cross
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 463.17 | 489.57 | 504.45 | 518.20 | 653.97 |
| Change (%) | -10.62% | -5.52% | -2.65% | - | +26.20% |
| Change | -55.03 | -28.63 | -13.75 | - | +135.77 |
| Level | Intermediate | Intermediate | Minor | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 444.55 | 464.72 | 496.81 | 516.98 | 549.07 | 569.24 | 601.33 |
| Camarilla | 514.52 | 519.31 | 524.10 | 528.89 | 533.68 | 538.47 | 543.26 |
| Woodie | 450.50 | 467.70 | 502.76 | 519.96 | 555.02 | 572.22 | 607.28 |
| Fibonacci | 464.72 | 484.69 | 497.02 | 516.98 | 536.95 | 549.28 | 569.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 265.00 | 311.81 | 400.06 | 446.87 | 535.12 | 581.93 | 670.18 |
| Camarilla | 451.16 | 463.54 | 475.92 | 488.30 | 500.68 | 513.06 | 525.44 |
| Woodie | 285.71 | 322.17 | 420.77 | 457.23 | 555.83 | 592.29 | 690.89 |
| Fibonacci | 311.81 | 363.41 | 395.28 | 446.87 | 498.47 | 530.34 | 581.93 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 190.65 | 243.53 | 321.47 | 374.35 | 452.29 | 505.17 | 583.11 |
| Camarilla | 363.43 | 375.42 | 387.41 | 399.40 | 411.39 | 423.38 | 435.38 |
| Woodie | 203.17 | 249.80 | 333.99 | 380.62 | 464.81 | 511.44 | 595.63 |
| Fibonacci | 243.53 | 293.51 | 324.38 | 374.35 | 424.33 | 455.20 | 505.17 |
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): | 42.83 | |
| MACD (12,26,9): | -2.0900 | |
| Directional Movement: | -13.34 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 515.96 | |
| Parabolic SAR (0,02-0,02-0,2): | 519.67 | |
| Elder Ray (13): | -1.41 | |
| Super Trend (3,10): | 524.26 | |
| Zig ZAG (10): | 517.00 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 45.76 | |
| TEMA (21): | 515.34 | |
| Williams %R (14): | -35.76 | |
| Chande Momentum Oscillator (20): | -1.76 | |
| Repulse (5,40,3): | 0.1200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 1.65 |
| MA7: | 474.00 | |
| MA20: | 424.28 | |
| MA50: | 360.43 | |
| MA100: | 321.30 | |
| MAexp7: | 517.09 | |
| MAexp20: | 518.58 | |
| MAexp50: | 520.91 | |
| MAexp100: | 519.91 | |
| Price / MA7: | +9.32% | |
| Price / MA20: | +22.14% | |
| Price / MA50: | +43.77% | |
| Price / MA100: | +61.28% | |
| Price / MAexp7: | +0.20% | |
| Price / MAexp20: | -0.09% | |
| Price / MAexp50: | -0.54% | |
| Price / MAexp100: | -0.35% |
Quotes :
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Real time data
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