BINARYX - BNX/USDT

- USDT (-)

- Real time data - CoinMarketCap

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Change:	-
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Type:	Cryptocurrencies
Ticker:	BNXUSDT
ISIN:

BINARYX - BNX/USDT - Daily - Technical analysis published on 02/07/2025 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

67%

17%

My opinion

Bearish under 0.175459 USDT

My targets

0.153392 USDT (-10.38%)

0.092309 USDT (-46.07%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BINARYX - BNX/USDT as long as the price remains well below 0.175459 USDT. The sellers' bearish objective is set at 0.153392 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.092309 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

7.7

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

BINARYX - BNX/USDT rating 0.171157 USDT. On the day, this instrument gained +5.38% with the lowest point at 0.163409 USDT and the highest point at 0.171742 USDT. The deviation from the price is +4.74% for the low point and -0.34% for the high point.

0.163409

0.171742

0.171157

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:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of BINARYX - BNX/USDT in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further decline is moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	0.171157	0.467499	0.757153	1.194187
Change (%)	-	+173.14%	+342.37%	+597.71%
Change	-	+0.296342	+0.585996	+1.023030
Level	-	Minor	Intermediate	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.141313	0.151867	0.157144	0.167698	0.172975	0.183529	0.188806
Camarilla	0.158068	0.159519	0.160970	0.162421	0.163872	0.165323	0.166775
Woodie	0.138675	0.150548	0.154506	0.166379	0.170337	0.182210	0.186168
Fibonacci	0.151867	0.157914	0.161651	0.167698	0.173745	0.177482	0.183529

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.153392	0.191042	0.211212	0.248862	0.269032	0.306682	0.326852
Camarilla	0.215483	0.220783	0.226083	0.231383	0.236683	0.241983	0.247284
Woodie	0.144653	0.186672	0.202473	0.244492	0.260293	0.302312	0.318113
Fibonacci	0.191042	0.213129	0.226774	0.248862	0.270949	0.284594	0.306682

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.048571	0.092309	0.175459	0.316339	0.399489	0.540369	0.623519
Camarilla	0.197001	0.217537	0.238073	0.258609	0.279145	0.299681	0.320217
Woodie	-0.077436	0.077877	0.146594	0.301907	0.370624	0.525937	0.594654
Fibonacci	0.092309	0.177889	0.230760	0.316339	0.401919	0.454790	0.540369

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	25.22
MACD (12,26,9):	-0.0517
Directional Movement:	-36.494261
AROON (14):	-57.142857
DEMA (21):	0.172344
Parabolic SAR (0,02-0,02-0,2):	0.240103
Elder Ray (13):	-0.045675
Super Trend (3,10):	0.245120
Zig ZAG (10):	0.170799
VORTEX (21):	0.6499
Stochastique (14,3,5):	18.29
TEMA (21):	0.161805
Williams %R (14):	-80.90
Chande Momentum Oscillator (20):	-0.102071
Repulse (5,40,3):	-8.8680
ROCnROLL:	2
TRIX (15,9):	-2.0854
Courbe Coppock:	69.58

MA7:	0.184215
MA20:	0.240656
MA50:	0.337375
MA100:	0.451507
MAexp7:	0.187705
MAexp20:	0.240077
MAexp50:	0.332798
MAexp100:	0.466359
Price / MA7:	-7.09%
Price / MA20:	-28.88%
Price / MA50:	-49.27%
Price / MA100:	-62.09%
Price / MAexp7:	-8.82%
Price / MAexp20:	-28.71%
Price / MAexp50:	-48.57%
Price / MAexp100:	-63.30%

Quotes : - Real time data - CoinMarketCap

This member declared not having a position on this financial instrument or a related financial instrument.

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