BINANCE COIN - BNB/USD - 1H - Technical analysis published on 01/15/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 689.50 USD
My targets
711.20 USD (+1.82%)
725.20 USD (+3.82%)
My analysis
The basic bullish trend is very strong on BINANCE COIN - BNB/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 689.50 USD. Crossing the first resistance at 711.20 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 725.20 USD as an objective. Crossing it would then enable buyers to target 733.36 USD. Caution, a return to below 689.50 USD would be a sign of a consolidation phase in the short-term basic trend. 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 bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
5.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BINANCE COIN - BNB/USD rating 698.51 USD. The price is lower by -0.05% since the last closing and was traded between 695.90 USD and 702.80 USD over the period. The price is currently at +0.38% from its lowest and -0.61% from its highest.695.90
702.80
698.51
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this BINANCE COIN - BNB/USD chart shows a strongly bullish trend. The signals given by moving averages are 82.14% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 8 are bullish, 6 are neutral and 4 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
White morning star
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 657.51 | 674.64 | 689.50 | 698.51 | 701.31 | 711.20 | 725.20 |
| Change (%) | -5.87% | -3.42% | -1.29% | - | +0.40% | +1.82% | +3.82% |
| Change | -41.00 | -23.87 | -9.01 | - | +2.80 | +12.69 | +26.69 |
| Level | Minor | Major | Intermediate | - | Major | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 676.24 | 681.24 | 690.05 | 695.05 | 703.86 | 708.86 | 717.67 |
| Camarilla | 695.05 | 696.32 | 697.58 | 698.85 | 700.12 | 701.38 | 702.65 |
| Woodie | 678.14 | 682.19 | 691.95 | 696.00 | 705.76 | 709.81 | 719.57 |
| Fibonacci | 681.24 | 686.52 | 689.78 | 695.05 | 700.33 | 703.59 | 708.86 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 594.60 | 634.56 | 665.53 | 705.49 | 736.46 | 776.42 | 807.39 |
| Camarilla | 677.00 | 683.51 | 690.01 | 696.51 | 703.01 | 709.51 | 716.02 |
| Woodie | 590.12 | 632.31 | 661.05 | 703.24 | 731.98 | 774.17 | 802.91 |
| Fibonacci | 634.56 | 661.65 | 678.39 | 705.49 | 732.58 | 749.32 | 776.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 438.40 | 527.97 | 615.13 | 704.70 | 791.86 | 881.43 | 968.59 |
| Camarilla | 653.70 | 669.90 | 686.10 | 702.30 | 718.50 | 734.70 | 750.90 |
| Woodie | 437.21 | 527.37 | 613.94 | 704.10 | 790.67 | 880.83 | 967.40 |
| Fibonacci | 527.97 | 595.48 | 637.19 | 704.70 | 772.21 | 813.92 | 881.43 |
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): | 59.16 | |
| MACD (12,26,9): | 2.6800 | |
| Directional Movement: | 3.39 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 701.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 696.41 | |
| Elder Ray (13): | 1.03 | |
| Super Trend (3,10): | 691.18 | |
| Zig ZAG (10): | 699.90 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 56.34 | |
| TEMA (21): | 701.79 | |
| Williams %R (14): | -36.77 | |
| Chande Momentum Oscillator (20): | 3.05 | |
| Repulse (5,40,3): | -0.0300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 0.99 |
| MA7: | 693.55 | |
| MA20: | 702.13 | |
| MA50: | 697.54 | |
| MA100: | 648.95 | |
| MAexp7: | 699.89 | |
| MAexp20: | 697.94 | |
| MAexp50: | 693.60 | |
| MAexp100: | 692.76 | |
| Price / MA7: | +0.72% | |
| Price / MA20: | -0.52% | |
| Price / MA50: | +0.14% | |
| Price / MA100: | +7.64% | |
| Price / MAexp7: | -0.20% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | +0.71% | |
| Price / MAexp100: | +0.83% |
Quotes :
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Real time data
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