BINARYX - BNX/USDT - Daily - Technical analysis published on 02/08/2025 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
44%
28%
28%
My opinion
Bearish under 0.316339 USDT
My targets
0.211212 USDT (-12.40%)
0.175459 USDT (-27.23%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.316339 USDT remains possible. It is advisable to trade BINARYX - BNX/USDT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.316339 USDT. The next bearish objective for sellers is set at 0.211212 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.175459 USDT. In case of crossing, the next objective would be the support located at 0.092309 USDT. PS: if there is a bullish break in the resistance located at 0.316339 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.4
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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 price is 0.241111 USDT. On the day, this instrument gained +44.35% with the lowest point at 0.165350 USDT and the highest point at 0.279332 USDT. The deviation from the price is +45.82% for the low point and -13.68% for the high point.0.165350
0.279332
0.241111
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this BINARYX - BNX/USDT chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
On the 18 technical indicators analysed, 8 are bullish, 5 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
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:
Three black crows
Type : Bearish
Timeframe : Daily
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.241111 | 0.467499 | 0.757153 | 1.194187 |
| Change (%) | - | +93.89% | +214.03% | +395.29% |
| Change | - | +0.226388 | +0.516042 | +0.953076 |
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.143716 | 0.152927 | 0.159982 | 0.169193 | 0.176248 | 0.185459 | 0.192514 |
| Camarilla | 0.162563 | 0.164054 | 0.165545 | 0.167036 | 0.168527 | 0.170018 | 0.171509 |
| Woodie | 0.142637 | 0.152388 | 0.158903 | 0.168654 | 0.175169 | 0.184920 | 0.191435 |
| Fibonacci | 0.152927 | 0.159141 | 0.162980 | 0.169193 | 0.175407 | 0.179246 | 0.185459 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 35.98 | |
| MACD (12,26,9): | -0.0487 | |
| Directional Movement: | -22.912297 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.173299 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.234305 | |
| Elder Ray (13): | -0.022839 | |
| Super Trend (3,10): | 0.249900 | |
| Zig ZAG (10): | 0.215073 | |
| VORTEX (21): | 0.7206 | |
| Stochastique (14,3,5): | 26.59 | |
| TEMA (21): | 0.167260 | |
| Williams %R (14): | -49.94 | |
| Chande Momentum Oscillator (20): | -0.048948 | |
| Repulse (5,40,3): | 19.7674 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -2.1356 | |
| Courbe Coppock: | 63.74 |
| MA7: | 0.181347 | |
| MA20: | 0.235325 | |
| MA50: | 0.332391 | |
| MA100: | 0.447765 | |
| MAexp7: | 0.193841 | |
| MAexp20: | 0.236145 | |
| MAexp50: | 0.327531 | |
| MAexp100: | 0.461124 | |
| Price / MA7: | +32.96% | |
| Price / MA20: | +2.46% | |
| Price / MA50: | -27.46% | |
| Price / MA100: | -46.15% | |
| Price / MAexp7: | +24.39% | |
| Price / MAexp20: | +2.10% | |
| Price / MAexp50: | -26.39% | |
| Price / MAexp100: | -47.71% |
Quotes :
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Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
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