BINANCE USD - BUSD/USD - 1H - Technical analysis published on 11/11/2022 (GMT)
- 146
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : WITHOUT TARGET
BINANCE USD - BUSD/USD Chart
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 1.000000 USD
My targets
-
My analysis
The basic trend is bearish on BUSD - BUSD/USD and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 1.000000 USD. Buyers would then use the next resistance located at 1.000000 USD as an objective. Crossing it would then enable buyers to target 1.000000 USD.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
1.1
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This analysis was given by Londinia.
Additional analysis
Quotes
The BUSD - BUSD/USD rating is 1.000000 USD. On the day, this instrument gained +0.00% with the lowest point at 1.000000 USD and the highest point at 1.000000 USD. The deviation from the price is 0% for the low point and 0% for the high point.1.000000
1.000000
1.000000
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
Here is a more detailed summary of the historical variations registered by BUSD - BUSD/USD:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of BUSD - BUSD/USD in 1H shows an overall bearish trend. The signals given by moving averages are at 64.29% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 6 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 2
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
R1
Price
| R1 | Price | |
|---|---|---|
| ProTrendLines | 1.000000 | 1.000000 |
| Change (%) | 0% | - |
| Change | 0 | - |
| Level | Major | - |
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 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 |
| Camarilla | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 |
| Woodie | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 |
| Fibonacci | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 |
| Camarilla | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 |
| Woodie | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 |
| Fibonacci | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 |
| Camarilla | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 |
| Woodie | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 |
| Fibonacci | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 |
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): | 48.48 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -24.020965 | |
| AROON (14): | -71.428571 | |
| DEMA (21): | 0.999136 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.999696 | |
| Elder Ray (13): | -0.000307 | |
| Super Trend (3,10): | 1.000498 | |
| Zig ZAG (10): | 0.998500 | |
| VORTEX (21): | 0.9540 | |
| Stochastique (14,3,5): | 76.47 | |
| TEMA (21): | 0.999011 | |
| Williams %R (14): | -41.18 | |
| Chande Momentum Oscillator (20): | -0.001000 | |
| Repulse (5,40,3): | 0.2217 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0017 | |
| Courbe Coppock: | 0.07 |
| MA7: | 0.999671 | |
| MA20: | 0.999935 | |
| MA50: | 0.999974 | |
| MA100: | 0.999987 | |
| MAexp7: | 0.999071 | |
| MAexp20: | 0.999370 | |
| MAexp50: | 0.999601 | |
| MAexp100: | 0.999783 | |
| Price / MA7: | +0.03% | |
| Price / MA20: | +0.01% | |
| Price / MA50: | +0.00% | |
| Price / MA100: | +0.00% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | +0.06% | |
| Price / MAexp50: | +0.04% | |
| Price / MAexp100: | +0.02% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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