BINANCE COIN - BNB/USDT - 1H - Technical analysis published on 10/13/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 577.49 USDT
My targets
559.76 USDT (-1.97%)
551.67 USDT (-3.38%)
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 577.49 USDT. The next support located at 559.76 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 551.67 USDT. Below this support, sellers could then target 533.98 USDT.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
3.6
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This analysis was given by Jaber300. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BINANCE COIN - BNB/USDT rating 570.99 USDT. On the day, this instrument lost -0.97% and was between 564.91 USDT and 578.48 USDT. This implies that the price is at +1.08% from its lowest and at -1.29% from its highest.564.91
578.48
570.99
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BINANCE COIN - BNB/USDT:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this BINANCE COIN - BNB/USDT chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
In fact, only 8 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 2
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 551.67 | 559.76 | 568.16 | 570.99 | 572.95 | 577.49 | 581.70 |
| Change (%) | -3.38% | -1.97% | -0.50% | - | +0.34% | +1.14% | +1.88% |
| Change | -19.32 | -11.23 | -2.83 | - | +1.96 | +6.50 | +10.71 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Intermediate | Minor |
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 | 568.17 | 570.89 | 573.73 | 576.45 | 579.29 | 582.01 | 584.85 |
| Camarilla | 575.05 | 575.56 | 576.07 | 576.58 | 577.09 | 577.60 | 578.11 |
| Woodie | 568.24 | 570.92 | 573.80 | 576.48 | 579.36 | 582.04 | 584.92 |
| Fibonacci | 570.89 | 573.01 | 574.32 | 576.45 | 578.57 | 579.88 | 582.01 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 521.60 | 536.63 | 556.60 | 571.63 | 591.60 | 606.63 | 626.60 |
| Camarilla | 566.96 | 570.16 | 573.37 | 576.58 | 579.79 | 583.00 | 586.21 |
| Woodie | 524.08 | 537.87 | 559.08 | 572.87 | 594.08 | 607.87 | 629.08 |
| Fibonacci | 536.63 | 550.00 | 558.26 | 571.63 | 585.00 | 593.26 | 606.63 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 339.51 | 405.49 | 486.44 | 552.42 | 633.37 | 699.35 | 780.30 |
| Camarilla | 526.99 | 540.46 | 553.93 | 567.40 | 580.87 | 594.34 | 607.81 |
| Woodie | 347.01 | 409.23 | 493.94 | 556.16 | 640.87 | 703.09 | 787.80 |
| Fibonacci | 405.49 | 461.61 | 496.29 | 552.42 | 608.54 | 643.22 | 699.35 |
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): | 46.58 | |
| MACD (12,26,9): | -1.1100 | |
| Directional Movement: | -2.83 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 570.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 566.17 | |
| Elder Ray (13): | 0.20 | |
| Super Trend (3,10): | 574.51 | |
| Zig ZAG (10): | 570.41 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 60.93 | |
| TEMA (21): | 569.30 | |
| Williams %R (14): | -39.63 | |
| Chande Momentum Oscillator (20): | -1.59 | |
| Repulse (5,40,3): | -0.0300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 1.26 |
| MA7: | 571.51 | |
| MA20: | 574.25 | |
| MA50: | 553.27 | |
| MA100: | 550.11 | |
| MAexp7: | 570.64 | |
| MAexp20: | 571.62 | |
| MAexp50: | 572.58 | |
| MAexp100: | 571.91 | |
| Price / MA7: | -0.09% | |
| Price / MA20: | -0.57% | |
| Price / MA50: | +3.20% | |
| Price / MA100: | +3.80% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | -0.11% | |
| Price / MAexp50: | -0.28% | |
| Price / MAexp100: | -0.16% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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