BINARYX - BNX/USDT - 15 min. - Technical analysis published on 05/18/2024 (GMT)
- 131
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 1.05 USDT
My targets
1.02 USDT (-1.12%)
0.99 USDT (-3.69%)
My analysis
There is a bearish trend on BINARYX - BNX/USDT both at the basic level and in the short term. A sale could be considered, so long as the price remains below 1.05 USDT. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 1.02 USDT. Then the price could move towards 0.99 USDT. Then 0.96 USDT by extension. Be careful, a return to above the resistance 1.05 USDT would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.6
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 1.03 USDT. On the day, this instrument lost -1.43% with the lowest point at 1.03 USDT and the highest point at 1.07 USDT. The deviation from the price is +0.21% for the low point and -3.72% for the high point.1.03
1.07
1.03
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
A technical analysis in 15 min. of this BINARYX - BNX/USDT chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 15 minutes
On the 18 technical indicators analysed, 5 are bullish, 8 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.90 | 0.96 | 1.02 | 1.03 | 1.04 | 1.08 |
| Change (%) | -12.29% | -6.67% | -0.97% | - | +1.07% | +4.48% |
| Change | -0.13 | -0.07 | -0.01 | - | +0.01 | +0.05 |
| Level | Minor | Intermediate | Major | - | Intermediate | Intermediate |
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 | 0.96 | 0.99 | 1.02 | 1.05 | 1.07 | 1.10 | 1.13 |
| Camarilla | 1.03 | 1.03 | 1.04 | 1.04 | 1.05 | 1.05 | 1.06 |
| Woodie | 0.96 | 0.99 | 1.02 | 1.05 | 1.07 | 1.10 | 1.13 |
| Fibonacci | 0.99 | 1.01 | 1.03 | 1.05 | 1.07 | 1.08 | 1.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.78 | 0.84 | 0.89 | 0.95 | 1.00 | 1.06 | 1.11 |
| Camarilla | 0.91 | 0.92 | 0.93 | 0.94 | 0.95 | 0.96 | 0.97 |
| Woodie | 0.78 | 0.84 | 0.89 | 0.95 | 1.00 | 1.06 | 1.11 |
| Fibonacci | 0.84 | 0.88 | 0.91 | 0.95 | 0.99 | 1.02 | 1.06 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.01 | 0.26 | 0.60 | 0.85 | 1.19 | 1.44 | 1.79 |
| Camarilla | 0.78 | 0.84 | 0.89 | 0.95 | 1.00 | 1.05 | 1.11 |
| Woodie | 0.05 | 0.28 | 0.65 | 0.87 | 1.24 | 1.47 | 1.84 |
| Fibonacci | 0.26 | 0.48 | 0.62 | 0.85 | 1.08 | 1.22 | 1.44 |
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): | 43.60 | |
| MACD (12,26,9): | -0.0035 | |
| Directional Movement: | 2.49 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 1.04 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.07 | |
| Elder Ray (13): | 0.00 | |
| Super Trend (3,10): | 1.06 | |
| Zig ZAG (10): | 1.04 | |
| VORTEX (21): | 0.9143 | |
| Stochastique (14,3,5): | 23.33 | |
| TEMA (21): | 1.04 | |
| Williams %R (14): | -83.75 | |
| Chande Momentum Oscillator (20): | 0.00 | |
| Repulse (5,40,3): | 0.0451 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0519 | |
| Courbe Coppock: | 2.15 |
| MA7: | 0.98 | |
| MA20: | 0.97 | |
| MA50: | 0.83 | |
| MA100: | 0.62 | |
| MAexp7: | 1.04 | |
| MAexp20: | 1.05 | |
| MAexp50: | 1.05 | |
| MAexp100: | 1.05 | |
| Price / MA7: | +4.69% | |
| Price / MA20: | +5.79% | |
| Price / MA50: | +24.67% | |
| Price / MA100: | +66.66% | |
| Price / MAexp7: | -1.44% | |
| Price / MAexp20: | -1.83% | |
| Price / MAexp50: | -2.17% | |
| Price / MAexp100: | -2.03% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis BINARYX - BNX/USDT - 15 min.