Londinia Opportunities Analyses - 08/30/2024 (GMT) BINANCE COIN - BNB/ETH - 1H
| Type: | Cryptocurrencies |
| Ticker: | BNBETH |
| ISIN: |
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.211569 ETH
My targets
0.219798 ETH (+2.49%)
0.222235 ETH (+3.63%)
My analysis
The bullish trend is currently very strong on BINANCE COIN - BNB/ETH. As long as the price remains above the support at 0.211569 ETH, you could try to benefit from the boom. The first bullish objective is located at 0.219798 ETH. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.222235 ETH as an objective. Crossing it would then enable buyers to target 0.226226 ETH. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.6
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Additional analysis
Quotes
BINANCE COIN - BNB/ETH rating 0.214452 ETH. On the day, this instrument gained +1.06% and was traded between 0.210302 ETH and 0.216471 ETH over the period. The price is currently at +1.97% from its lowest and -0.93% from its highest.0.210302
0.216471
0.214452
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
A study of price movements over other periods shows the following variations:
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 1H chart of BINANCE COIN - BNB/ETH indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.203337 | 0.207384 | 0.211569 | 0.214452 | 0.214507 | 0.219798 | 0.222235 |
| Change (%) | -5.18% | -3.30% | -1.34% | - | +0.03% | +2.49% | +3.63% |
| Change | -0.011115 | -0.007068 | -0.002883 | - | +0.000055 | +0.005346 | +0.007783 |
| Level | Major | Intermediate | Minor | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.204308 | 0.206804 | 0.209502 | 0.211998 | 0.214696 | 0.217192 | 0.219890 |
| Camarilla | 0.210771 | 0.211247 | 0.211723 | 0.212199 | 0.212675 | 0.213151 | 0.213627 |
| Woodie | 0.204408 | 0.206855 | 0.209602 | 0.212049 | 0.214796 | 0.217243 | 0.219990 |
| Fibonacci | 0.206804 | 0.208788 | 0.210014 | 0.211998 | 0.213982 | 0.215208 | 0.217192 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.172227 | 0.186299 | 0.198083 | 0.212155 | 0.223939 | 0.238011 | 0.249795 |
| Camarilla | 0.202758 | 0.205128 | 0.207498 | 0.209868 | 0.212238 | 0.214608 | 0.216978 |
| Woodie | 0.171084 | 0.185727 | 0.196940 | 0.211583 | 0.222796 | 0.237439 | 0.248652 |
| Fibonacci | 0.186299 | 0.196176 | 0.202278 | 0.212155 | 0.222032 | 0.228134 | 0.238011 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.152195 | 0.158848 | 0.168593 | 0.175246 | 0.184991 | 0.191644 | 0.201389 |
| Camarilla | 0.173829 | 0.175332 | 0.176835 | 0.178338 | 0.179841 | 0.181344 | 0.182848 |
| Woodie | 0.153741 | 0.159621 | 0.170139 | 0.176019 | 0.186537 | 0.192417 | 0.202935 |
| Fibonacci | 0.158848 | 0.165112 | 0.168982 | 0.175246 | 0.181510 | 0.185380 | 0.191644 |
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): | 58.10 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | 19.021603 | |
| AROON (14): | 78.571429 | |
| DEMA (21): | 0.213756 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.212841 | |
| Elder Ray (13): | 0.000526 | |
| Super Trend (3,10): | 0.211690 | |
| Zig ZAG (10): | 0.214271 | |
| VORTEX (21): | 1.1274 | |
| Stochastique (14,3,5): | 66.05 | |
| TEMA (21): | 0.214446 | |
| Williams %R (14): | -36.73 | |
| Chande Momentum Oscillator (20): | 0.003385 | |
| Repulse (5,40,3): | -0.1239 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0210 | |
| Courbe Coppock: | 2.34 |
| MA7: | 0.211344 | |
| MA20: | 0.207828 | |
| MA50: | 0.190103 | |
| MA100: | 0.179338 | |
| MAexp7: | 0.214073 | |
| MAexp20: | 0.213072 | |
| MAexp50: | 0.212645 | |
| MAexp100: | 0.212338 | |
| Price / MA7: | +1.47% | |
| Price / MA20: | +3.19% | |
| Price / MA50: | +12.81% | |
| Price / MA100: | +19.58% | |
| Price / MAexp7: | +0.18% | |
| Price / MAexp20: | +0.65% | |
| Price / MAexp50: | +0.85% | |
| Price / MAexp100: | +1.00% |
Quotes :
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Real time data
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Cryptocompare