BAND PROTOCOL - BAND/USDT - 15 min. - Technical analysis published on 04/01/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
39%
39%
My opinion
Bullish above 4.94 USDT
My targets
5.48 USDT (+5.73%)
5.72 USDT (+10.48%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 4.94 USDT remains possible. It is advisable to trade BAND PROTOCOL - BAND/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 4.94 USDT. The next bullish objective for buyers is set at 5.48 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.72 USDT. If there is any crossing, the next objective would be the resistance located at 6.24 USDT. PS: if there is a bearish break in the support located at 4.94 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3
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Additional analysis
Quotes
BAND PROTOCOL - BAND/USDT rating 5.18 USDT. The price registered an increase of +5.93% on the session with the lowest point at 4.65 USDT and the highest point at 5.34 USDT. The deviation from the price is +11.40% for the low point and -3.00% for the high point.4.65
5.34
5.18
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
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:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of BAND PROTOCOL - BAND/USDT indicates that the overall trend is bullish. The signals given by moving averages are 78.57% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 4 are bullish, 7 are neutral and 7 are bearish. The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.59 | 4.75 | 4.98 | 5.18 | 5.23 | 6.24 | 8.47 |
| Change (%) | -11.39% | -8.30% | -3.86% | - | +0.97% | +20.46% | +63.51% |
| Change | -0.59 | -0.43 | -0.20 | - | +0.05 | +1.06 | +3.29 |
| Level | Minor | Major | Major | - | Major | Minor | 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 | 4.10 | 4.40 | 4.64 | 4.94 | 5.18 | 5.48 | 5.72 |
| Camarilla | 4.74 | 4.79 | 4.84 | 4.89 | 4.94 | 4.99 | 5.04 |
| Woodie | 4.08 | 4.39 | 4.62 | 4.93 | 5.16 | 5.47 | 5.70 |
| Fibonacci | 4.40 | 4.60 | 4.73 | 4.94 | 5.14 | 5.27 | 5.48 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.02 | 3.26 | 3.73 | 3.97 | 4.44 | 4.68 | 5.15 |
| Camarilla | 4.00 | 4.06 | 4.13 | 4.19 | 4.26 | 4.32 | 4.39 |
| Woodie | 3.13 | 3.32 | 3.84 | 4.03 | 4.55 | 4.74 | 5.26 |
| Fibonacci | 3.26 | 3.54 | 3.70 | 3.97 | 4.25 | 4.41 | 4.68 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.72 | 2.49 | 3.69 | 4.46 | 5.66 | 6.43 | 7.63 |
| Camarilla | 4.35 | 4.53 | 4.71 | 4.89 | 5.07 | 5.25 | 5.43 |
| Woodie | 1.94 | 2.60 | 3.91 | 4.57 | 5.88 | 6.54 | 7.85 |
| Fibonacci | 2.49 | 3.24 | 3.71 | 4.46 | 5.21 | 5.68 | 6.43 |
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): | 51.45 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | -0.90 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 5.19 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.25 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 5.24 | |
| Zig ZAG (10): | 5.18 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 53.95 | |
| TEMA (21): | 5.17 | |
| Williams %R (14): | -54.61 | |
| Chande Momentum Oscillator (20): | -0.07 | |
| Repulse (5,40,3): | -0.1900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 1.43 |
| MA7: | 4.65 | |
| MA20: | 4.03 | |
| MA50: | 3.99 | |
| MA100: | 4.33 | |
| MAexp7: | 5.17 | |
| MAexp20: | 5.17 | |
| MAexp50: | 5.12 | |
| MAexp100: | 5.05 | |
| Price / MA7: | +11.40% | |
| Price / MA20: | +28.54% | |
| Price / MA50: | +29.82% | |
| Price / MA100: | +19.63% | |
| Price / MAexp7: | +0.19% | |
| Price / MAexp20: | +0.19% | |
| Price / MAexp50: | +1.17% | |
| Price / MAexp100: | +2.57% |
Quotes :
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Real time data
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Cryptocompare
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