BINANCE COIN - BNB/USD
BINANCE COIN - BNB/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: BNBUSD
ISIN:

BINANCE COIN - BNB/USD - 1H - Technical analysis published on 06/04/2020 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Bullish
De fond: Bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 17.35 USD
My targets
17.65 USD (+0.74%)
17.82 USD (+1.71%)
My analysis
A bullish trend on BINANCE COIN - BNB/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 17.35 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 17.65 USD. Then the price could move towards 17.82 USD. Then 18.00 USD by extension. Be careful, a return below 17.35 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
FORCE
0
10
3.8

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The BINANCE COIN - BNB/USD rating is 17.52 USD. The price registered a decrease of -0.23% on the session with the lowest point at 17.10 USD and the highest point at 17.73 USD. The deviation from the price is +2.46% for the low point and -1.18% for the high point.

17.10
17.73
17.52

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



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

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in 1H of this BINANCE COIN - BNB/USD chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

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.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour


Resistance of triangle 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
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 16.84 17.11 17.35 17.52 17.65 17.82 18.00
Change (%) -3.88% -2.34% -0.97% - +0.74% +1.71% +2.74%
Change -0.68 -0.41 -0.17 - +0.13 +0.30 +0.48
Level Intermediate Minor Minor - Minor Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.3116.6717.1117.4717.9118.2718.71
Camarilla17.3417.4117.4917.5617.6317.7117.78
Woodie16.3616.6917.1617.4917.9618.2918.76
Fibonacci16.6716.9717.1617.4717.7717.9618.27


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.7015.3216.5317.1518.3618.9820.19
Camarilla17.2317.4017.5617.7317.9018.0718.23
Woodie14.9915.4716.8217.3018.6519.1320.48
Fibonacci15.3216.0216.4517.1517.8518.2818.98


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.227.1612.1315.0720.0422.9827.95
Camarilla14.9415.6616.3917.1117.8418.5619.29
Woodie5.257.6713.1615.5821.0723.4928.98
Fibonacci7.1610.1812.0515.0718.0919.9622.98

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 51.11
MACD (12,26,9): 0.0000
Directional Movement: 4.17
AROON (14): 14.28
DEMA (21): 17.47
Parabolic SAR (0,02-0,02-0,2): 17.12
Elder Ray (13): 0.02
Super Trend (3,10): 17.21
Zig ZAG (10): 17.47
VORTEX (21): 1.0300
Stochastique (14,3,5): 61.38
TEMA (21): 17.46
Williams %R (14): -42.86
Chande Momentum Oscillator (20): -0.15
Repulse (5,40,3): -0.0700
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 1.14
MA7: 17.42
MA20: 16.82
MA50: 16.50
MA100: 18.18
MAexp7: 17.45
MAexp20: 17.46
MAexp50: 17.45
MAexp100: 17.40
Price / MA7: +0.57%
Price / MA20: +4.16%
Price / MA50: +6.18%
Price / MA100: -3.63%
Price / MAexp7: +0.40%
Price / MAexp20: +0.34%
Price / MAexp50: +0.40%
Price / MAexp100: +0.69%

Quotes : 2020-06-04 16:16:25 - Real time data - Cryptocompare

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

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