BINANCE COIN - BNB/USD - 1H - Technical analysis published on 07/14/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 520.40 USD
My targets
544.65 USD (+2.27%)
590.32 USD (+10.85%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BINANCE COIN - BNB/USD as long as the price remains well above 520.40 USD. The buyers' bullish objective is set at 544.65 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 590.32 USD. If there is any crossing, the next objective would be the resistance located at 630.86 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
5.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BINANCE COIN - BNB/USD rating is 532.54 USD. The price registered an increase of +0.00% on the session with the lowest point at 531.31 USD and the highest point at 534.88 USD. The deviation from the price is +0.23% for the low point and -0.44% for the high point.531.31
534.88
532.54
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of BINANCE COIN - BNB/USD indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 9 are bullish, 5 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 470.10 | 490.50 | 520.40 | 532.54 | 534.12 | 544.65 | 630.86 |
| Change (%) | -11.72% | -7.89% | -2.28% | - | +0.30% | +2.27% | +18.46% |
| Change | -62.44 | -42.04 | -12.14 | - | +1.58 | +12.11 | +98.32 |
| Level | Intermediate | Minor | Major | - | Major | Intermediate | 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 | 514.08 | 520.69 | 526.62 | 533.23 | 539.16 | 545.77 | 551.70 |
| Camarilla | 529.10 | 530.25 | 531.40 | 532.55 | 533.70 | 534.85 | 536.00 |
| Woodie | 513.74 | 520.52 | 526.28 | 533.06 | 538.82 | 545.60 | 551.36 |
| Fibonacci | 520.69 | 525.48 | 528.44 | 533.23 | 538.02 | 540.98 | 545.77 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 412.33 | 441.22 | 486.88 | 515.77 | 561.43 | 590.32 | 635.98 |
| Camarilla | 512.05 | 518.88 | 525.72 | 532.55 | 539.38 | 546.22 | 553.05 |
| Woodie | 420.73 | 445.41 | 495.28 | 519.96 | 569.83 | 594.51 | 644.38 |
| Fibonacci | 441.22 | 469.70 | 487.29 | 515.77 | 544.25 | 561.84 | 590.32 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 342.81 | 446.68 | 514.06 | 617.93 | 685.31 | 789.18 | 856.56 |
| Camarilla | 534.35 | 550.04 | 565.74 | 581.44 | 597.14 | 612.84 | 628.53 |
| Woodie | 324.57 | 437.56 | 495.82 | 608.81 | 667.07 | 780.06 | 838.32 |
| Fibonacci | 446.68 | 512.10 | 552.51 | 617.93 | 683.35 | 723.76 | 789.18 |
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): | 51.37 | |
| MACD (12,26,9): | -0.0300 | |
| Directional Movement: | 7.77 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 532.41 | |
| Parabolic SAR (0,02-0,02-0,2): | 527.47 | |
| Elder Ray (13): | 0.41 | |
| Super Trend (3,10): | 528.80 | |
| Zig ZAG (10): | 532.73 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 47.28 | |
| TEMA (21): | 531.39 | |
| Williams %R (14): | -50.55 | |
| Chande Momentum Oscillator (20): | 1.52 | |
| Repulse (5,40,3): | 0.1600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.63 |
| MA7: | 525.05 | |
| MA20: | 543.25 | |
| MA50: | 587.74 | |
| MA100: | 586.19 | |
| MAexp7: | 531.90 | |
| MAexp20: | 532.22 | |
| MAexp50: | 530.81 | |
| MAexp100: | 527.39 | |
| Price / MA7: | +1.43% | |
| Price / MA20: | -1.97% | |
| Price / MA50: | -9.39% | |
| Price / MA100: | -9.15% | |
| Price / MAexp7: | +0.12% | |
| Price / MAexp20: | +0.06% | |
| Price / MAexp50: | +0.33% | |
| Price / MAexp100: | +0.98% |
Quotes :
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Real time data
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