BAND PROTOCOL - BAND/USDT - 1H - Technical analysis published on 02/15/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 16.46 USDT
My targets
18.01 USDT (+3.70%)
19.54 USDT (+12.49%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on BAND PROTOCOL - BAND/USDT as long as the price remains well above 16.46 USDT. The buyers” bullish objective is set at 18.01 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 19.54 USDT. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.2
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This analysis was given by pascalhaux. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BAND PROTOCOL - BAND/USDT price is 17.37 USDT. The price registered an increase of +3.09% on the session with the lowest point at 14.04 USDT and the highest point at 17.54 USDT. The deviation from the price is +23.72% for the low point and -0.97% for the high point.14.04
17.54
17.37
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BAND PROTOCOL - BAND/USDT:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of BAND PROTOCOL - BAND/USDT in 1H shows an overall bullish trend. The signals given by moving averages are 64.29% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Piercing line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 14.28 | 15.55 | 17.33 | 17.37 | 19.54 |
| Change (%) | -17.79% | -10.48% | -0.23% | - | +12.49% |
| Change | -3.09 | -1.82 | -0.04 | - | +2.17 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate |
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 | 12.21 | 13.86 | 15.35 | 17.00 | 18.49 | 20.14 | 21.63 |
| Camarilla | 15.99 | 16.27 | 16.56 | 16.85 | 17.14 | 17.43 | 17.71 |
| Woodie | 12.14 | 13.82 | 15.28 | 16.96 | 18.42 | 20.10 | 21.56 |
| Fibonacci | 13.86 | 15.06 | 15.80 | 17.00 | 18.20 | 18.94 | 20.14 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.34 | 6.44 | 12.36 | 16.46 | 22.38 | 26.48 | 32.40 |
| Camarilla | 15.52 | 16.44 | 17.36 | 18.28 | 19.20 | 20.12 | 21.04 |
| Woodie | 3.25 | 6.90 | 13.27 | 16.92 | 23.29 | 26.94 | 33.31 |
| Fibonacci | 6.44 | 10.27 | 12.63 | 16.46 | 20.29 | 22.65 | 26.48 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.42 | 2.45 | 5.73 | 8.59 | 11.87 | 14.73 | 18.01 |
| Camarilla | 7.32 | 7.88 | 8.45 | 9.01 | 9.57 | 10.13 | 10.70 |
| Woodie | -0.21 | 2.55 | 5.94 | 8.69 | 12.08 | 14.84 | 18.22 |
| Fibonacci | 2.45 | 4.79 | 6.24 | 8.59 | 10.94 | 12.39 | 14.73 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.66 | |
| MACD (12,26,9): | -0.0900 | |
| Directional Movement: | 1.18 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 16.24 | |
| Parabolic SAR (0,02-0,02-0,2): | 14.04 | |
| Elder Ray (13): | 0.59 | |
| Super Trend (3,10): | 17.44 | |
| Zig ZAG (10): | 17.22 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 87.49 | |
| TEMA (21): | 16.45 | |
| Williams %R (14): | -0.34 | |
| Chande Momentum Oscillator (20): | 2.27 | |
| Repulse (5,40,3): | 7.7500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.2200 | |
| Courbe Coppock: | 4.37 |
| MA7: | 16.24 | |
| MA20: | 12.51 | |
| MA50: | 9.98 | |
| MA100: | 8.13 | |
| MAexp7: | 16.60 | |
| MAexp20: | 16.42 | |
| MAexp50: | 16.72 | |
| MAexp100: | 16.48 | |
| Price / MA7: | +6.96% | |
| Price / MA20: | +38.85% | |
| Price / MA50: | +74.05% | |
| Price / MA100: | +113.65% | |
| Price / MAexp7: | +4.64% | |
| Price / MAexp20: | +5.79% | |
| Price / MAexp50: | +3.89% | |
| Price / MAexp100: | +5.40% |
Quotes :
2021-02-15 16:28:41
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Real time data
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