BINARYX - BNX/USDT - 1H - Technical analysis published on 05/18/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
17%
39%
44%
My opinion
Neutral between 1.02 USDT and 1.04 USDT
My targets
-
My analysis
The short-term decline on BINARYX - BNX/USDT remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 1.02 USDT. The first resistance is located at 1.04 USDT. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish and could soon allow change to a bearish sentiment.
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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 -1.56% and was between 1.03 USDT and 1.07 USDT. This implies that the price is at +0.08% from its lowest and at -3.84% from its highest.1.03
1.07
1.03
A study of price movements over other periods shows the following variations:
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 1H of this BINARYX - BNX/USDT chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that this slightly bullish trend could be reversed. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
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 (%) | -12.18% | -6.55% | -0.85% | - | +1.20% | +4.62% |
| Change | -0.13 | -0.07 | -0.01 | - | +0.01 | +0.05 |
| Level | Minor | Intermediate | Major | - | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.96 | 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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 47.15 | |
| MACD (12,26,9): | 0.0011 | |
| Directional Movement: | -2.75 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 1.05 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.07 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 1.03 | |
| Zig ZAG (10): | 1.04 | |
| VORTEX (21): | 1.0212 | |
| Stochastique (14,3,5): | 16.03 | |
| TEMA (21): | 1.05 | |
| Williams %R (14): | -83.75 | |
| Chande Momentum Oscillator (20): | -0.01 | |
| Repulse (5,40,3): | -0.3915 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0483 | |
| Courbe Coppock: | 0.28 |
| MA7: | 0.98 | |
| MA20: | 0.97 | |
| MA50: | 0.83 | |
| MA100: | 0.62 | |
| MAexp7: | 1.05 | |
| MAexp20: | 1.05 | |
| MAexp50: | 1.04 | |
| MAexp100: | 1.02 | |
| Price / MA7: | +4.55% | |
| Price / MA20: | +5.66% | |
| Price / MA50: | +24.52% | |
| Price / MA100: | +66.45% | |
| Price / MAexp7: | -1.93% | |
| Price / MAexp20: | -2.24% | |
| Price / MAexp50: | -1.14% | |
| Price / MAexp100: | +1.14% |
Quotes :
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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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