BINANCE COIN - BNB/USDT - 15 min. - Technical analysis published on 06/05/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 419.59 USDT
My targets
424.71 USDT (+0.77%)
458.84 USDT (+8.86%)
My analysis
BINANCE COIN - BNB/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 419.59 USDT. The next resistance located at 424.71 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 458.84 USDT. After this resistance, buyers could then target 488.40 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4
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This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BINANCE COIN - BNB/USDT rating 421.48 USDT. The price registered an increase of +7.91% on the session and was between 387.95 USDT and 423.15 USDT. This implies that the price is at +8.64% from its lowest and at -0.39% from its highest.387.95
423.15
421.48
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 15 min. of this BINANCE COIN - BNB/USDT chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
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 over resistance 1
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 364.72 | 391.58 | 416.86 | 421.48 | 432.85 | 481.31 | 589.33 |
| Change (%) | -13.47% | -7.09% | -1.10% | - | +2.70% | +14.20% | +39.82% |
| Change | -56.76 | -29.90 | -4.62 | - | +11.37 | +59.83 | +167.85 |
| Level | Major | Minor | Minor | - | Intermediate | Minor | Minor |
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 | 297.33 | 331.46 | 361.02 | 395.15 | 424.71 | 458.84 | 488.40 |
| Camarilla | 373.07 | 378.90 | 384.74 | 390.58 | 396.42 | 402.26 | 408.10 |
| Woodie | 295.05 | 330.32 | 358.74 | 394.01 | 422.43 | 457.70 | 486.12 |
| Fibonacci | 331.46 | 355.79 | 370.82 | 395.15 | 419.48 | 434.51 | 458.84 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 44.01 | 129.21 | 217.03 | 302.23 | 390.05 | 475.25 | 563.07 |
| Camarilla | 257.27 | 273.13 | 288.99 | 304.85 | 320.71 | 336.57 | 352.43 |
| Woodie | 45.32 | 129.87 | 218.34 | 302.89 | 391.36 | 475.91 | 564.38 |
| Fibonacci | 129.21 | 195.30 | 236.14 | 302.23 | 368.32 | 409.16 | 475.25 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -327.54 | -56.56 | 148.61 | 419.59 | 624.76 | 895.74 | 1,100.91 |
| Camarilla | 222.85 | 266.50 | 310.14 | 353.79 | 397.44 | 441.08 | 484.73 |
| Woodie | -360.44 | -73.01 | 115.72 | 403.14 | 591.87 | 879.29 | 1,068.02 |
| Fibonacci | -56.56 | 125.33 | 237.70 | 419.59 | 601.48 | 713.85 | 895.74 |
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): | 66.94 | |
| MACD (12,26,9): | 3.8900 | |
| Directional Movement: | 22.40 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 416.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 413.06 | |
| Elder Ray (13): | 2.83 | |
| Super Trend (3,10): | 407.58 | |
| Zig ZAG (10): | 417.38 | |
| VORTEX (21): | 1.1800 | |
| Stochastique (14,3,5): | 79.44 | |
| TEMA (21): | 417.44 | |
| Williams %R (14): | -3.99 | |
| Chande Momentum Oscillator (20): | 5.85 | |
| Repulse (5,40,3): | 1.3500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1500 | |
| Courbe Coppock: | 2.34 |
| MA7: | 382.91 | |
| MA20: | 369.31 | |
| MA50: | 498.00 | |
| MA100: | 407.25 | |
| MAexp7: | 415.93 | |
| MAexp20: | 411.20 | |
| MAexp50: | 404.54 | |
| MAexp100: | 401.31 | |
| Price / MA7: | +10.07% | |
| Price / MA20: | +14.13% | |
| Price / MA50: | -15.37% | |
| Price / MA100: | +3.49% | |
| Price / MAexp7: | +1.33% | |
| Price / MAexp20: | +2.50% | |
| Price / MAexp50: | +4.19% | |
| Price / MAexp100: | +5.03% |
Quotes :
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Real time data
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Cryptocompare
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