BAND PROTOCOL - BAND/USD - 15 min. - Technical analysis published on 03/27/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 1.74 USD
My targets
1.71 USD (-0.18%)
1.64 USD (-3.92%)
My analysis
Has the basic bearish 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 bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 1.74 USD remains possible. It is advisable to trade BAND PROTOCOL - BAND/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 1.74 USD. The next bearish objective for sellers is set at 1.71 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.64 USD. In case of crossing, the next objective would be the support located at 1.61 USD. PS: if there is a bullish break in the resistance located at 1.74 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.2
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This analysis was given by Henry07. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BAND PROTOCOL - BAND/USD rating is 1.71 USD. The price registered a decrease of -3.39% on the session and was traded between 1.68 USD and 1.77 USD over the period. The price is currently at +1.79% from its lowest and -3.39% from its highest.1.68
1.77
1.71
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 15 min. of this BAND PROTOCOL - BAND/USD chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Bearish doji star
Type : Bearish
Timeframe : 15 minutes
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.60 | 1.66 | 1.70 | 1.71 | 1.77 | 1.84 | 1.90 |
| Change (%) | -6.43% | -2.92% | -0.58% | - | +3.51% | +7.60% | +11.11% |
| Change | -0.11 | -0.05 | -0.01 | - | +0.06 | +0.13 | +0.19 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.61 | 1.64 | 1.71 | 1.74 | 1.81 | 1.84 | 1.91 |
| Camarilla | 1.74 | 1.75 | 1.76 | 1.77 | 1.78 | 1.79 | 1.80 |
| Woodie | 1.62 | 1.65 | 1.72 | 1.75 | 1.82 | 1.85 | 1.92 |
| Fibonacci | 1.64 | 1.68 | 1.71 | 1.74 | 1.78 | 1.81 | 1.84 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.22 | 1.41 | 1.56 | 1.75 | 1.90 | 2.09 | 2.24 |
| Camarilla | 1.62 | 1.65 | 1.68 | 1.71 | 1.74 | 1.77 | 1.80 |
| Woodie | 1.20 | 1.40 | 1.54 | 1.74 | 1.88 | 2.08 | 2.22 |
| Fibonacci | 1.41 | 1.54 | 1.62 | 1.75 | 1.88 | 1.96 | 2.09 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.13 | 1.43 | 1.75 | 2.05 | 2.37 | 2.67 | 2.99 |
| Camarilla | 1.90 | 1.96 | 2.01 | 2.07 | 2.13 | 2.18 | 2.24 |
| Woodie | 1.14 | 1.44 | 1.76 | 2.06 | 2.38 | 2.68 | 3.00 |
| Fibonacci | 1.43 | 1.67 | 1.81 | 2.05 | 2.29 | 2.43 | 2.67 |
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): | 49.64 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 6.26 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 1.71 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.72 | |
| Elder Ray (13): | -0 | |
| Super Trend (3,10): | 1.70 | |
| Zig ZAG (10): | 1.71 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 40.87 | |
| TEMA (21): | 1.71 | |
| Williams %R (14): | -92.59 | |
| Chande Momentum Oscillator (20): | -0.01 | |
| Repulse (5,40,3): | -0.7900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 1.47 |
| MA7: | 1.73 | |
| MA20: | 1.68 | |
| MA50: | 1.88 | |
| MA100: | 1.79 | |
| MAexp7: | 1.71 | |
| MAexp20: | 1.71 | |
| MAexp50: | 1.71 | |
| MAexp100: | 1.72 | |
| Price / MA7: | -1.16% | |
| Price / MA20: | +1.79% | |
| Price / MA50: | -9.04% | |
| Price / MA100: | -4.47% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | -0.58% |
Quotes :
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Real time data
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