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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 - 1H - Technical analysis published on 03/11/2024 (GMT)

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  • 03/11/2024 - 17:23
Londinia
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  • Timeframe : 1H
  • - Analysis generated on 03/11/2024 - 17:23
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
17%
56%
28%
My opinion
Bullish above 504.45 USDT
My targets
535.12 USDT (+3.26%)
581.93 USDT (+12.30%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 504.45 USDT remains possible. It is advisable to trade BINANCE COIN - BNB/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 504.45 USDT. The next bullish objective for buyers is set at 535.12 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 581.93 USDT. If there is any crossing, the next objective would be the resistance located at 653.97 USDT. PS: if there is a bearish break in the support located at 504.45 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
1.3

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.

Medhanie
This analysis was given by Medhanie. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
Created with Raphaël 2.3.0-75075150January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows the following items:

Central Records

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


A technical analysis in 1H of this BINANCE COIN - BNB/USDT chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Aroon indicator bearish trend

Type : Bearish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The presence of these bearish patterns in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term were also noted

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
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
Standard444.55464.72496.81516.98549.07569.24601.33
Camarilla514.52519.31524.10528.89533.68538.47543.26
Woodie450.50467.70502.76519.96555.02572.22607.28
Fibonacci464.72484.69497.02516.98536.95549.28569.24


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard265.00311.81400.06446.87535.12581.93670.18
Camarilla451.16463.54475.92488.30500.68513.06525.44
Woodie285.71322.17420.77457.23555.83592.29690.89
Fibonacci311.81363.41395.28446.87498.47530.34581.93


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard190.65243.53321.47374.35452.29505.17583.11
Camarilla363.43375.42387.41399.40411.39423.38435.38
Woodie203.17249.80333.99380.62464.81511.44595.63
Fibonacci243.53293.51324.38374.35424.33455.20505.17

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Created with Raphaël 2.3.0Sell10
Moving averages
Created with Raphaël 2.3.0Buy20

RSI (14): 46.92
MACD (12,26,9): 0.5100
Directional Movement: -7.57
AROON (14): -64.29
DEMA (21): 521.98
Parabolic SAR (0,02-0,02-0,2): 533.25
Elder Ray (13): -3.83
Super Trend (3,10): 510.70
Zig ZAG (10): 516.99
VORTEX (21): 0.9200
Stochastique (14,3,5): 21.83
TEMA (21): 517.97
Williams %R (14): -71.77
Chande Momentum Oscillator (20): -1.77
Repulse (5,40,3): -0.1700
ROCnROLL: -1
TRIX (15,9): 0.0700
Courbe Coppock: 0.71
MA7: 474.00
MA20: 424.28
MA50: 360.43
MA100: 321.30
MAexp7: 518.48
MAexp20: 520.04
MAexp50: 511.97
MAexp100: 494.09
Price / MA7: +9.32%
Price / MA20: +22.14%
Price / MA50: +43.77%
Price / MA100: +61.28%
Price / MAexp7: -0.05%
Price / MAexp20: -0.35%
Price / MAexp50: +1.22%
Price / MAexp100: +4.88%

Quotes : 03/11/2024 - 17:23 - Real time data - Cryptocompare

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

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Londinia
Londinia AI

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