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
Analysis too old. There are no more charts available.
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
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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 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.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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:
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:
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:
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:
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 16.31 | 16.67 | 17.11 | 17.47 | 17.91 | 18.27 | 18.71 |
Camarilla | 17.34 | 17.41 | 17.49 | 17.56 | 17.63 | 17.71 | 17.78 |
Woodie | 16.36 | 16.69 | 17.16 | 17.49 | 17.96 | 18.29 | 18.76 |
Fibonacci | 16.67 | 16.97 | 17.16 | 17.47 | 17.77 | 17.96 | 18.27 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 14.70 | 15.32 | 16.53 | 17.15 | 18.36 | 18.98 | 20.19 |
Camarilla | 17.23 | 17.40 | 17.56 | 17.73 | 17.90 | 18.07 | 18.23 |
Woodie | 14.99 | 15.47 | 16.82 | 17.30 | 18.65 | 19.13 | 20.48 |
Fibonacci | 15.32 | 16.02 | 16.45 | 17.15 | 17.85 | 18.28 | 18.98 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 4.22 | 7.16 | 12.13 | 15.07 | 20.04 | 22.98 | 27.95 |
Camarilla | 14.94 | 15.66 | 16.39 | 17.11 | 17.84 | 18.56 | 19.29 |
Woodie | 5.25 | 7.67 | 13.16 | 15.58 | 21.07 | 23.49 | 28.98 |
Fibonacci | 7.16 | 10.18 | 12.05 | 15.07 | 18.09 | 19.96 | 22.98 |
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
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Real time data
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