BINANCE COIN - BNB/USDT

- USDT (-)

- Real time data - Cryptocompare

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Change:	-
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Type:	Cryptocurrencies
Ticker:	BNBUSDT
ISIN:

BINANCE COIN - BNB/USDT - Daily - Technical analysis published on 04/28/2021 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

11%

33%

My opinion

Bullish above 481.31 USDT

My targets

589.79 USDT (+6.19%)

My analysis

The bullish trend is currently very strong on BINANCE COIN - BNB/USDT. As long as the price remains above the support at 481.31 USDT, you could try to benefit from the boom. The first bullish objective is located at 589.79 USDT. The bullish momentum would be boosted by a break in this resistance. 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Keums91. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The BINANCE COIN - BNB/USDT rating is 555.40 USDT. On the day, this instrument lost -2.36% and was between 539.34 USDT and 578.88 USDT. This implies that the price is at +2.98% from its lowest and at -4.06% from its highest.

539.34

578.88

555.40

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Abnormal volumes on BINANCE COIN - BNB/USDT were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Daily of this BINANCE COIN - BNB/USDT chart shows a strongly bullish trend. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are bullish. There is still some doubt about the price increase.
Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	136.51	325.52	481.31	555.40	589.79
Change (%)	-75.42%	-41.39%	-13.34%	-	+6.19%
Change	-418.89	-229.88	-74.09	-	+34.39
Level	Minor	Major	Major	-	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	484.11	504.86	536.85	557.60	589.59	610.34	642.33
Camarilla	554.34	559.17	564.01	568.84	573.68	578.51	583.34
Woodie	489.73	507.67	542.47	560.41	595.21	613.15	647.95
Fibonacci	504.86	525.01	537.45	557.60	577.75	590.19	610.34

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	229.60	329.02	413.10	512.52	596.60	696.02	780.10
Camarilla	446.73	463.55	480.37	497.19	514.01	530.83	547.65
Woodie	221.94	325.19	405.44	508.69	588.94	692.19	772.44
Fibonacci	329.02	399.11	442.42	512.52	582.61	625.92	696.02

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	155.25	190.40	246.33	281.48	337.41	372.56	428.49
Camarilla	277.22	285.57	293.92	302.27	310.62	318.97	327.32
Woodie	165.65	195.60	256.73	286.68	347.81	377.76	438.89
Fibonacci	190.40	225.19	246.68	281.48	316.27	337.76	372.56

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):	61.81
MACD (12,26,9):	45.0700
Directional Movement:	8.57
AROON (14):	21.43
DEMA (21):	567.57
Parabolic SAR (0,02-0,02-0,2):	452.63
Elder Ray (13):	33.99
Super Trend (3,10):	429.56
Zig ZAG (10):	559.96
VORTEX (21):	1.1400
Stochastique (14,3,5):	68.54
TEMA (21):	562.97
Williams %R (14):	-29.93
Chande Momentum Oscillator (20):	49.18
Repulse (5,40,3):	6.5600
ROCnROLL:	1
TRIX (15,9):	1.8300
Courbe Coppock:	9.73

MA7:	528.00
MA20:	526.36
MA50:	386.33
MA100:	264.50
MAexp7:	538.50
MAexp20:	503.21
MAexp50:	409.82
MAexp100:	307.61
Price / MA7:	+5.19%
Price / MA20:	+5.52%
Price / MA50:	+43.76%
Price / MA100:	+109.98%
Price / MAexp7:	+3.14%
Price / MAexp20:	+10.37%
Price / MAexp50:	+35.52%
Price / MAexp100:	+80.55%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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