BINARYX - BNX/USDT
BINARYX - BNX/USDT
- USDT (-)
- Real time data - CoinMarketCap
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Change: -
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Type: Cryptocurrencies
Ticker: BNXUSDT
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BINARYX - BNX/USDT - Daily - Technical analysis published on 02/08/2025 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 0.175459 USDT
My targets
0.153392 USDT (-8.17%)
0.092309 USDT (-44.74%)
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 are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7

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:
15 min. 1H Weekly

Additional analysis

Quotes

The BINARYX - BNX/USDT price is 0.167032 USDT. The price registered an increase of +0.00% on the session with the lowest point at 0.167032 USDT and the highest point at 0.169397 USDT. The deviation from the price is 0% for the low point and -1.40% for the high point.

0.167032
0.169397
0.167032

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of BINARYX - BNX/USDT indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

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 scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Price is back over the pivot point

Type : Bullish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Three black crows

Type : Bearish

Timeframe : Daily




ProTrendLines
R1
R2
R3
Price


PriceR1R2R3
ProTrendLines 0.167032 0.467499 0.757153 1.194187
Change (%) - +179.89% +353.30% +614.95%
Change - +0.300467 +0.590121 +1.027155
Level - Minor Intermediate Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1437160.1529270.1599820.1691930.1762480.1854590.192514
Camarilla0.1625630.1640540.1655450.1670360.1685270.1700180.171509
Woodie0.1426370.1523880.1589030.1686540.1751690.1849200.191435
Fibonacci0.1529270.1591410.1629800.1691930.1754070.1792460.185459


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1533920.1910420.2112120.2488620.2690320.3066820.326852
Camarilla0.2154830.2207830.2260830.2313830.2366830.2419830.247284
Woodie0.1446530.1866720.2024730.2444920.2602930.3023120.318113
Fibonacci0.1910420.2131290.2267740.2488620.2709490.2845940.306682


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0485710.0923090.1754590.3163390.3994890.5403690.623519
Camarilla0.1970010.2175370.2380730.2586090.2791450.2996810.320217
Woodie-0.0774360.0778770.1465940.3019070.3706240.5259370.594654
Fibonacci0.0923090.1778890.2307600.3163390.4019190.4547900.540369

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): 24.77
MACD (12,26,9): -0.0513
Directional Movement: -35.675388
AROON (14): -57.142857
DEMA (21): 0.165273
Parabolic SAR (0,02-0,02-0,2): 0.234305
Elder Ray (13): -0.037798
Super Trend (3,10): 0.241019
Zig ZAG (10): 0.168824
VORTEX (21): 0.6995
Stochastique (14,3,5): 15.81
TEMA (21): 0.155758
Williams %R (14): -82.28
Chande Momentum Oscillator (20): -0.095197
Repulse (5,40,3): -9.7613
ROCnROLL: 2
TRIX (15,9): -2.1634
Courbe Coppock: 70.39
MA7: 0.174740
MA20: 0.233685
MA50: 0.331735
MA100: 0.447437
MAexp7: 0.182279
MAexp20: 0.233021
MAexp50: 0.326245
MAexp100: 0.460474
Price / MA7: -4.41%
Price / MA20: -28.52%
Price / MA50: -49.65%
Price / MA100: -62.67%
Price / MAexp7: -8.36%
Price / MAexp20: -28.32%
Price / MAexp50: -48.80%
Price / MAexp100: -63.73%

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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