BINARYX - BNX/USDT - Daily - Technical analysis published on 02/01/2025 (GMT)
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- 0
- Timeframe : Daily
- - Analysis generated on
- Status : IN PROGRESS...
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under
My targets
()
()
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BINARYX - BNX/USDT as long as the price remains well below . The sellers' bearish objective is set at . A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at . In case of crossing, the next objective would be the support located at . However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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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 0.260941 USDT. On the day, this instrument gained +0.90% and was between 0.259130 USDT and 0.266495 USDT. This implies that the price is at +0.70% from its lowest and at -2.08% from its highest.0.259130
0.266495
0.260941
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of BINARYX - BNX/USDT in Daily shows a overall strongly 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.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 5 are neutral and 8 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.260941 | 0.395160 | 0.757153 | 1.193489 |
| Change (%) | - | +51.44% | +190.16% | +357.38% |
| Change | - | +0.134219 | +0.496212 | +0.932548 |
| Level | - | Minor | 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 | 0.235655 | 0.245236 | 0.251922 | 0.261503 | 0.268189 | 0.277770 | 0.284456 |
| Camarilla | 0.254136 | 0.255627 | 0.257118 | 0.258609 | 0.260100 | 0.261591 | 0.263082 |
| Woodie | 0.234209 | 0.244512 | 0.250476 | 0.260779 | 0.266743 | 0.277046 | 0.283010 |
| Fibonacci | 0.245236 | 0.251450 | 0.255289 | 0.261503 | 0.267717 | 0.271556 | 0.277770 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.137063 | 0.199130 | 0.237600 | 0.299667 | 0.338137 | 0.400204 | 0.438674 |
| Camarilla | 0.248423 | 0.257639 | 0.266855 | 0.276071 | 0.285287 | 0.294503 | 0.303719 |
| Woodie | 0.125266 | 0.193231 | 0.225803 | 0.293768 | 0.326340 | 0.394305 | 0.426877 |
| Fibonacci | 0.199130 | 0.237535 | 0.261262 | 0.299667 | 0.338072 | 0.361799 | 0.400204 |
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): | 33.55 | |
| MACD (12,26,9): | -0.0397 | |
| Directional Movement: | -22.108427 | |
| AROON (14): | -71.428571 | |
| DEMA (21): | 0.242016 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.233947 | |
| Elder Ray (13): | -0.013365 | |
| Super Trend (3,10): | 0.328991 | |
| Zig ZAG (10): | 0.260941 | |
| VORTEX (21): | 0.7993 | |
| Stochastique (14,3,5): | 17.86 | |
| TEMA (21): | 0.239399 | |
| Williams %R (14): | -78.41 | |
| Chande Momentum Oscillator (20): | -0.022767 | |
| Repulse (5,40,3): | -2.3748 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -1.6173 | |
| Courbe Coppock: | 49.72 |
| MA7: | 0.256773 | |
| MA20: | 0.298668 | |
| MA50: | 0.375472 | |
| MA100: | 0.479480 | |
| MAexp7: | 0.261496 | |
| MAexp20: | 0.296315 | |
| MAexp50: | 0.376559 | |
| MAexp100: | 0.504075 | |
| Price / MA7: | +1.62% | |
| Price / MA20: | -12.63% | |
| Price / MA50: | -30.50% | |
| Price / MA100: | -45.58% | |
| Price / MAexp7: | -0.21% | |
| Price / MAexp20: | -11.94% | |
| Price / MAexp50: | -30.70% | |
| Price / MAexp100: | -48.23% |
Quotes :
-
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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