BINARYX - BNX/USDT - 1H - Technical analysis published on 05/04/2024 (GMT)
- 115
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
22%
33%
44%
My opinion
Neutral between 0.972353 USDT and 1.050037 USDT
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on BINARYX - BNX/USDT. It is difficult to advise a trading direction under these conditions. The first resistance is located at 1.050037 USDT. The first support is located at 0.972353 USDT. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this 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
The BINARYX - BNX/USDT rating is 1.000000 USDT. The price has increased by +2.04% since the last closing and was between 0.980000 USDT and 1.100000 USDT. This implies that the price is at +2.04% from its lowest and at -9.09% from its highest.0.980000
1.100000
1.000000
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BINARYX - BNX/USDT:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of BINARYX - BNX/USDT indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
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:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.894830 | 0.920004 | 0.972353 | 1.000000 | 1.050037 | 1.099908 |
| Change (%) | -10.52% | -8.00% | -2.76% | - | +5.00% | +9.99% |
| Change | -0.105170 | -0.079996 | -0.027647 | - | +0.050037 | +0.099908 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.877000 | 0.913000 | 0.947000 | 0.983000 | 1.017000 | 1.053000 | 1.087000 |
| Camarilla | 0.961000 | 0.967000 | 0.974000 | 0.980000 | 0.986000 | 0.993000 | 0.999000 |
| Woodie | 0.875000 | 0.913000 | 0.945000 | 0.983000 | 1.015000 | 1.053000 | 1.085000 |
| Fibonacci | 0.913000 | 0.940000 | 0.957000 | 0.983000 | 1.010000 | 1.027000 | 1.053000 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.380000 | 0.540000 | 0.770000 | 0.930000 | 1.160000 | 1.320000 | 1.550000 |
| Camarilla | 0.893000 | 0.929000 | 0.964000 | 1.000000 | 1.036000 | 1.072000 | 1.107000 |
| Woodie | 0.415000 | 0.558000 | 0.805000 | 0.948000 | 1.195000 | 1.338000 | 1.585000 |
| Fibonacci | 0.540000 | 0.689000 | 0.781000 | 0.930000 | 1.079000 | 1.171000 | 1.320000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.017000 | 0.263000 | 0.607000 | 0.853000 | 1.197000 | 1.443000 | 1.787000 |
| Camarilla | 0.788000 | 0.842000 | 0.896000 | 0.950000 | 1.004000 | 1.058000 | 1.112000 |
| Woodie | 0.065000 | 0.288000 | 0.655000 | 0.878000 | 1.245000 | 1.468000 | 1.835000 |
| Fibonacci | 0.263000 | 0.489000 | 0.628000 | 0.853000 | 1.079000 | 1.218000 | 1.443000 |
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): | 48.40 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 0.670000 | |
| AROON (14): | 42.860000 | |
| DEMA (21): | 1.020000 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.090000 | |
| Elder Ray (13): | -0.010000 | |
| Super Trend (3,10): | 1.060000 | |
| Zig ZAG (10): | 1.010000 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 22.15 | |
| TEMA (21): | 1.020000 | |
| Williams %R (14): | -78.28 | |
| Chande Momentum Oscillator (20): | 0.010000 | |
| Repulse (5,40,3): | -0.1500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1500 | |
| Courbe Coppock: | 6.71 |
| MA7: | 0.980000 | |
| MA20: | 0.880000 | |
| MA50: | 0.700000 | |
| MA100: | 0.520000 | |
| MAexp7: | 1.020000 | |
| MAexp20: | 1.020000 | |
| MAexp50: | 1.000000 | |
| MAexp100: | 1.000000 | |
| Price / MA7: | +2.04% | |
| Price / MA20: | +13.64% | |
| Price / MA50: | +42.86% | |
| Price / MA100: | +92.31% | |
| Price / MAexp7: | -1.96% | |
| Price / MAexp20: | -1.96% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | -0% |
Quotes :
-
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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