Londinia Opportunities Analyses - 01/24/2022 (GMT) BINANCE COIN - BNB/ETH - 1H

BINANCE COIN - BNB/ETH
- ETH (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: BNBETH
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.152499 ETH
My targets
0.159699 ETH (+2.71%)
0.164547 ETH (+5.83%)
My analysis
The bullish trend is currently very strong on BINANCE COIN - BNB/ETH. As long as the price remains above the support at 0.152499 ETH, you could try to benefit from the boom. The first bullish objective is located at 0.159699 ETH. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.164547 ETH as an objective. Crossing it would then enable buyers to target 0.279333 ETH. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
8.8

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

BINANCE COIN - BNB/ETH rating 0.155489 ETH. The price has increased by +2.79% since the last closing and was traded between 0.149891 ETH and 0.157097 ETH over the period. The price is currently at +3.73% from its lowest and -1.02% from its highest.

0.149891
0.157097
0.155489

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this BINANCE COIN - BNB/ETH 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 scanner does not detect any result on moving averages that would impact this trend.

In fact, 15 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


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:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.149638 0.150398 0.152499 0.155489 0.155976 0.164547 0.279333
Change (%) -3.76% -3.27% -1.92% - +0.31% +5.83% +79.65%
Change -0.005851 -0.005091 -0.002990 - +0.000487 +0.009058 +0.123844
Level Minor Intermediate 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
Standard0.1411760.1447670.1480180.1516090.1548600.1584510.161702
Camarilla0.1493880.1500150.1506420.1512690.1518960.1525230.153151
Woodie0.1410060.1446820.1478480.1515240.1546900.1583660.161532
Fibonacci0.1447670.1473810.1489950.1516090.1542230.1558370.158451


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1301360.1357310.1421200.1477150.1541040.1596990.166088
Camarilla0.1452120.1463110.1474100.1485080.1496070.1507050.151804
Woodie0.1305320.1359300.1425160.1479140.1545000.1598980.166484
Fibonacci0.1357310.1403090.1431370.1477150.1522930.1551210.159699


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1184170.1245670.1318700.1380200.1453230.1514730.158776
Camarilla0.1354740.1367080.1379410.1391740.1404070.1416400.142874
Woodie0.1189950.1248550.1324480.1383080.1459010.1517610.159354
Fibonacci0.1245670.1297060.1328810.1380200.1431590.1463340.151473

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): 63.21
MACD (12,26,9): 0.0010
Directional Movement: 8.778359
AROON (14): 64.285715
DEMA (21): 0.154573
Parabolic SAR (0,02-0,02-0,2): 0.153134
Elder Ray (13): 0.001005
Super Trend (3,10): 0.151448
Zig ZAG (10): 0.155711
VORTEX (21): 1.0854
Stochastique (14,3,5): 79.65
TEMA (21): 0.155091
Williams %R (14): -17.80
Chande Momentum Oscillator (20): 0.004610
Repulse (5,40,3): 1.1450
ROCnROLL: 1
TRIX (15,9): 0.0499
Courbe Coppock: 4.31
MA7: 0.150093
MA20: 0.145388
MA50: 0.140039
MA100: 0.135612
MAexp7: 0.154802
MAexp20: 0.153434
MAexp50: 0.152104
MAexp100: 0.150897
Price / MA7: +3.60%
Price / MA20: +6.95%
Price / MA50: +11.03%
Price / MA100: +14.66%
Price / MAexp7: +0.44%
Price / MAexp20: +1.34%
Price / MAexp50: +2.23%
Price / MAexp100: +3.04%

Quotes : - Real time data - Cryptocompare