BINANCE COIN - BNB/USD - 1H - Technical analysis published on 04/16/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 15.21 USD
My targets
15.73 USD (+1.61%)
15.96 USD (+3.10%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BINANCE COIN - BNB/USD as long as the price remains well above 15.21 USD. The buyers” bullish objective is set at 15.73 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 15.96 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
5.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BINANCE COIN - BNB/USD price is 15.48 USD. On the day, this instrument gained +6.25% with the lowest point at 14.12 USD and the highest point at 15.71 USD. The deviation from the price is +9.63% for the low point and -1.46% for the high point.14.12
15.71
15.48
Here is a more detailed summary of the historical variations registered by BINANCE COIN - BNB/USD:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of BINANCE COIN - BNB/USD in 1H shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
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 : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 14.08 | 14.78 | 15.21 | 15.48 | 15.73 | 15.96 |
| Change (%) | -9.04% | -4.52% | -1.74% | - | +1.61% | +3.10% |
| Change | -1.40 | -0.70 | -0.27 | - | +0.25 | +0.48 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.96 | 13.72 | 14.15 | 14.91 | 15.34 | 16.10 | 16.53 |
| Camarilla | 14.24 | 14.35 | 14.46 | 14.57 | 14.68 | 14.79 | 14.90 |
| Woodie | 12.79 | 13.64 | 13.98 | 14.83 | 15.17 | 16.02 | 16.36 |
| Fibonacci | 13.72 | 14.18 | 14.46 | 14.91 | 15.37 | 15.65 | 16.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.66 | 8.56 | 11.19 | 16.09 | 18.72 | 23.62 | 26.25 |
| Camarilla | 11.74 | 12.43 | 13.12 | 13.81 | 14.50 | 15.19 | 15.88 |
| Woodie | 2.52 | 7.99 | 10.05 | 15.52 | 17.58 | 23.05 | 25.11 |
| Fibonacci | 8.56 | 11.44 | 13.22 | 16.09 | 18.97 | 20.75 | 23.62 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.07 | 22.48 | 19.04 | 23.45 | 20.01 | 24.42 | 20.98 |
| Camarilla | 15.34 | 15.43 | 15.52 | 15.61 | 15.70 | 15.79 | 15.88 |
| Woodie | 14.16 | 20.52 | 15.13 | 21.49 | 16.10 | 22.46 | 17.07 |
| Fibonacci | 22.48 | 22.85 | 23.08 | 23.45 | 23.82 | 24.05 | 24.42 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 52.75 | |
| MACD (12,26,9): | 0.0800 | |
| Directional Movement: | -2.49 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 15.40 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.70 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 14.67 | |
| Zig ZAG (10): | 15.42 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 66.76 | |
| TEMA (21): | 15.50 | |
| Williams %R (14): | -54.10 | |
| Chande Momentum Oscillator (20): | -0.20 | |
| Repulse (5,40,3): | 0.2900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 7.35 |
| MA7: | 16.61 | |
| MA20: | 18.19 | |
| MA50: | 19.88 | |
| MA100: | 19.32 | |
| MAexp7: | 15.42 | |
| MAexp20: | 15.32 | |
| MAexp50: | 15.26 | |
| MAexp100: | 15.18 | |
| Price / MA7: | -6.80% | |
| Price / MA20: | -14.90% | |
| Price / MA50: | -22.13% | |
| Price / MA100: | -19.88% | |
| Price / MAexp7: | +0.39% | |
| Price / MAexp20: | +1.04% | |
| Price / MAexp50: | +1.44% | |
| Price / MAexp100: | +1.98% |
This member declared not having a position on this financial instrument or a related financial instrument.
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