BINARYX - BNX/USDT - 1H - Technical analysis published on 05/10/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 0.945119 USDT
My targets
0.916336 USDT (-0.76%)
0.784130 USDT (-15.07%)
My analysis
The bearish trend is currently very strong for BINARYX - BNX/USDT. As long as the price remains below the resistance at 0.945119 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.916336 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.784130 USDT as an objective. Crossing it would then enable sellers to target 0.600103 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.7
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This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BINARYX - BNX/USDT rating is 0.923313 USDT. On the day, this instrument lost -3.78% and was traded between 0.903610 USDT and 0.962292 USDT over the period. The price is currently at +2.18% from its lowest and -4.05% from its highest.0.903610
0.962292
0.923313
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of BINARYX - BNX/USDT in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being 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, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 6 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.465392 | 0.600103 | 0.916336 | 0.923313 | 0.945119 | 0.989064 | 1.019615 |
| Change (%) | -49.60% | -35.01% | -0.76% | - | +2.36% | +7.12% | +10.43% |
| Change | -0.457921 | -0.323210 | -0.006977 | - | +0.021806 | +0.065751 | +0.096302 |
| Level | Minor | Intermediate | Minor | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.883038 | 0.909932 | 0.934766 | 0.961660 | 0.986494 | 1.013388 | 1.038222 |
| Camarilla | 0.945375 | 0.950117 | 0.954858 | 0.959600 | 0.964342 | 0.969084 | 0.973825 |
| Woodie | 0.882008 | 0.909417 | 0.933736 | 0.961145 | 0.985464 | 1.012873 | 1.037192 |
| Fibonacci | 0.909932 | 0.929692 | 0.941900 | 0.961660 | 0.981420 | 0.993628 | 1.013388 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.673430 | 0.784130 | 0.878508 | 0.989208 | 1.083586 | 1.194286 | 1.288664 |
| Camarilla | 0.916490 | 0.935288 | 0.954087 | 0.972886 | 0.991685 | 1.010484 | 1.029283 |
| Woodie | 0.665269 | 0.780050 | 0.870347 | 0.985128 | 1.075425 | 1.190206 | 1.280503 |
| Fibonacci | 0.784130 | 0.862470 | 0.910868 | 0.989208 | 1.067548 | 1.115946 | 1.194286 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005995 | 0.255736 | 0.600427 | 0.850168 | 1.194859 | 1.444600 | 1.789291 |
| Camarilla | 0.781650 | 0.836140 | 0.890629 | 0.945119 | 0.999609 | 1.054098 | 1.108588 |
| Woodie | 0.053471 | 0.279474 | 0.647903 | 0.873906 | 1.242335 | 1.468338 | 1.836767 |
| Fibonacci | 0.255736 | 0.482809 | 0.623095 | 0.850168 | 1.077241 | 1.217527 | 1.444600 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 42.64 | |
| MACD (12,26,9): | -0.0057 | |
| Directional Movement: | -8.461991 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.923556 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.905419 | |
| Elder Ray (13): | -0.004114 | |
| Super Trend (3,10): | 0.946099 | |
| Zig ZAG (10): | 0.924420 | |
| VORTEX (21): | 0.9328 | |
| Stochastique (14,3,5): | 56.05 | |
| TEMA (21): | 0.923149 | |
| Williams %R (14): | -48.87 | |
| Chande Momentum Oscillator (20): | -0.008389 | |
| Repulse (5,40,3): | -0.3953 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1002 | |
| Courbe Coppock: | 1.92 |
| MA7: | 0.959174 | |
| MA20: | 0.945560 | |
| MA50: | 0.754644 | |
| MA100: | 0.562026 | |
| MAexp7: | 0.926683 | |
| MAexp20: | 0.931507 | |
| MAexp50: | 0.942146 | |
| MAexp100: | 0.952480 | |
| Price / MA7: | -3.74% | |
| Price / MA20: | -2.35% | |
| Price / MA50: | +22.35% | |
| Price / MA100: | +64.28% | |
| Price / MAexp7: | -0.36% | |
| Price / MAexp20: | -0.88% | |
| Price / MAexp50: | -2.00% | |
| Price / MAexp100: | -3.06% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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