BNB Analysis


4-hour Bollinger Bands are opening at prices 913, 881, 850. The middle band of the 4-hour Bollinger is trending upward. The 1-hour Bollinger Bands are closing after opening at prices 894, 886, 878. The middle band of the 1-hour Bollinger is trending downward.
MA Moving Averages: On the 4-hour chart, the price is above the lower band, above MA5, with MA5 crossing below MA10, MA30, and MA60 from above, without breaking below the lower band or MA5. On the 1-hour chart, the price is above MA5 and MA10, with MA5 crossing above MA10 from below, not breaking below MA10, and not breaking above the middle band.
MACD
The 1-hour MACD lines are below the zero axis, with the fast line crossing above the slow line to form a golden cross, indicating increasing bullish momentum. The 4-hour MACD lines are below the zero axis, forming a death cross, with decreasing bearish momentum.
RSI Indicator: The 4-hour RSI is in the normal trading range at 31, 19. The 1-hour RSI is in the overbought zone at 97, 95.
Summary: Sideways with a slight upward trend.
Resistance levels: 873, 882
Support levels: 845, 835
High Short Strategy: If the price fails to break above 873 on upward movement, establish a short position; add to the short at 882.
Low Long Strategy: Long at 845, add to long positions at 835.
BNB1.33%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)