BINANCE COIN - BNB/USD - 1H - Technical analysis published on 06/15/2020 (GMT)
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- Timeframe : 1H
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Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bearish
Technical indicators
78%
0%
22%
My opinion
Neutral between 15.99 USD and 16.75 USD
My targets
-
My analysis
The short-term increase on BINANCE COIN - BNB/USD remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 16.75 USD. The first support is located at 15.99 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BINANCE COIN - BNB/USD price is 16.47 USD. The price is lower by -0.54% since the last closing and was between 15.53 USD and 16.76 USD. This implies that the price is at +6.05% from its lowest and at -1.73% from its highest.15.53
16.76
16.47
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of BINANCE COIN - BNB/USD in 1H shows an overall slightly bearish trend. 60.71% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages could cause a reversal of the trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 15.99 | 16.45 | 16.47 | 16.75 | 17.21 | 17.65 |
| Change (%) | -2.91% | -0.12% | - | +1.70% | +4.49% | +7.16% |
| Change | -0.48 | -0.02 | - | +0.28 | +0.74 | +1.18 |
| Level | Intermediate | Minor | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.00 | 16.23 | 16.39 | 16.62 | 16.78 | 17.01 | 17.17 |
| Camarilla | 16.45 | 16.49 | 16.52 | 16.56 | 16.60 | 16.63 | 16.67 |
| Woodie | 15.98 | 16.21 | 16.37 | 16.60 | 16.76 | 16.99 | 17.15 |
| Fibonacci | 16.23 | 16.38 | 16.47 | 16.62 | 16.77 | 16.86 | 17.01 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.95 | 14.97 | 15.89 | 16.91 | 17.83 | 18.85 | 19.77 |
| Camarilla | 16.28 | 16.45 | 16.63 | 16.81 | 16.99 | 17.17 | 17.34 |
| Woodie | 13.90 | 14.95 | 15.84 | 16.89 | 17.78 | 18.83 | 19.72 |
| Fibonacci | 14.97 | 15.71 | 16.17 | 16.91 | 17.65 | 18.11 | 18.85 |
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): | 59.60 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | -4.94 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 16.19 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.70 | |
| Elder Ray (13): | 0.24 | |
| Super Trend (3,10): | 15.99 | |
| Zig ZAG (10): | 16.51 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 97.53 | |
| TEMA (21): | 16.28 | |
| Williams %R (14): | -3.53 | |
| Chande Momentum Oscillator (20): | 0.57 | |
| Repulse (5,40,3): | 1.3100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 2.52 |
| MA7: | 16.75 | |
| MA20: | 17.16 | |
| MA50: | 16.77 | |
| MA100: | 17.75 | |
| MAexp7: | 16.20 | |
| MAexp20: | 16.26 | |
| MAexp50: | 16.39 | |
| MAexp100: | 16.58 | |
| Price / MA7: | -1.67% | |
| Price / MA20: | -4.02% | |
| Price / MA50: | -1.79% | |
| Price / MA100: | -7.21% | |
| Price / MAexp7: | +1.67% | |
| Price / MAexp20: | +1.29% | |
| Price / MAexp50: | +0.49% | |
| Price / MAexp100: | -0.66% |
Quotes :
2020-06-15 22:14:32
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Real time data
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