Londinia Opportunities Analyses - 04/27/2024 (GMT) BELDEX - BDX/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | BDXUSDT |
| ISIN: |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 0.037431 USDT
My targets
0.036725 USDT (-1.29%)
0.034145 USDT (-8.23%)
My analysis
BELDEX - BDX/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.037431 USDT. The next support located at 0.036725 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.034145 USDT. Below this support, sellers could then target 0.029440 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.1
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Additional analysis
Quotes
The BELDEX - BDX/USDT rating is 0.037206 USDT. On the day, this instrument lost -0.57% with the lowest point at 0.037172 USDT and the highest point at 0.037456 USDT. The deviation from the price is +0.09% for the low point and -0.67% for the high point.0.037172
0.037456
0.037206
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this BELDEX - BDX/USDT chart shows a sharp 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.
The probability of a further decline is low given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near support of channel
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.029440 | 0.036725 | 0.037206 | 0.037431 | 0.038009 | 0.038733 |
| Change (%) | -20.87% | -1.29% | - | +0.60% | +2.16% | +4.10% |
| Change | -0.007766 | -0.000481 | - | +0.000225 | +0.000803 | +0.001527 |
| Level | Minor | Major | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.035744 | 0.036235 | 0.036828 | 0.037319 | 0.037912 | 0.038403 | 0.038996 |
| Camarilla | 0.037122 | 0.037221 | 0.037321 | 0.037420 | 0.037519 | 0.037619 | 0.037718 |
| Woodie | 0.035794 | 0.036261 | 0.036878 | 0.037345 | 0.037962 | 0.038429 | 0.039046 |
| Fibonacci | 0.036235 | 0.036649 | 0.036905 | 0.037319 | 0.037733 | 0.037989 | 0.038403 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.034145 | 0.035183 | 0.037119 | 0.038157 | 0.040093 | 0.041131 | 0.043067 |
| Camarilla | 0.038238 | 0.038511 | 0.038783 | 0.039056 | 0.039329 | 0.039601 | 0.039874 |
| Woodie | 0.034595 | 0.035408 | 0.037569 | 0.038382 | 0.040543 | 0.041356 | 0.043517 |
| Fibonacci | 0.035183 | 0.036319 | 0.037021 | 0.038157 | 0.039293 | 0.039995 | 0.041131 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.032342 | 0.036438 | 0.040207 | 0.044303 | 0.048072 | 0.052168 | 0.055937 |
| Camarilla | 0.041814 | 0.042535 | 0.043256 | 0.043977 | 0.044698 | 0.045419 | 0.046140 |
| Woodie | 0.032180 | 0.036356 | 0.040045 | 0.044221 | 0.047910 | 0.052086 | 0.055775 |
| Fibonacci | 0.036438 | 0.039442 | 0.041298 | 0.044303 | 0.047307 | 0.049163 | 0.052168 |
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): | 39.97 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -5.722368 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.037245 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.037505 | |
| Elder Ray (13): | -0.000114 | |
| Super Trend (3,10): | 0.037877 | |
| Zig ZAG (10): | 0.037212 | |
| VORTEX (21): | 1.0113 | |
| Stochastique (14,3,5): | 50.52 | |
| TEMA (21): | 0.037318 | |
| Williams %R (14): | -62.72 | |
| Chande Momentum Oscillator (20): | 0.000005 | |
| Repulse (5,40,3): | -0.1139 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0389 | |
| Courbe Coppock: | 1.23 |
| MA7: | 0.037894 | |
| MA20: | 0.038111 | |
| MA50: | 0.040951 | |
| MA100: | 0.041762 | |
| MAexp7: | 0.037315 | |
| MAexp20: | 0.037386 | |
| MAexp50: | 0.037592 | |
| MAexp100: | 0.037782 | |
| Price / MA7: | -1.82% | |
| Price / MA20: | -2.37% | |
| Price / MA50: | -9.15% | |
| Price / MA100: | -10.91% | |
| Price / MAexp7: | -0.29% | |
| Price / MAexp20: | -0.48% | |
| Price / MAexp50: | -1.03% | |
| Price / MAexp100: | -1.52% |
Quotes :
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Real time data
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