BANCOR NETWORK TOKEN (X10) - BNT/BTC - Daily - Technical analysis published on 07/15/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 0.000256 BTC
My targets
0.000204 BTC (-10.13%)
My analysis
BANCOR NETWORK TOKEN (X10) - BNT/BTC 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 0.000256 BTC. The next support located at 0.000204 BTC is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. 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.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.3
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Additional analysis
Quotes
The BANCOR NETWORK TOKEN (X10) - BNT/BTC price is 0.000227 BTC. The price registered an increase of +0.44% on the session and was between 0.000225 BTC and 0.000229 BTC. This implies that the price is at +0.89% from its lowest and at -0.87% from its highest.0.000225
0.000229
0.000227
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:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on BANCOR NETWORK TOKEN (X10) - BNT/BTC were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this BANCOR NETWORK TOKEN (X10) - BNT/BTC chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
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
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.000204 | 0.000227 | 0.000276 | 0.000438 | 0.000606 |
| Change (%) | -10.13% | - | +21.59% | +92.95% | +166.96% |
| Change | -0.000023 | - | +0.000049 | +0.000211 | +0.000379 |
| Level | Intermediate | - | Minor | Minor | Major |
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 | 0.000217 | 0.000220 | 0.000223 | 0.000226 | 0.000229 | 0.000232 | 0.000235 |
| Camarilla | 0.000224 | 0.000225 | 0.000226 | 0.000226 | 0.000227 | 0.000227 | 0.000228 |
| Woodie | 0.000217 | 0.000220 | 0.000223 | 0.000226 | 0.000229 | 0.000232 | 0.000235 |
| Fibonacci | 0.000220 | 0.000222 | 0.000224 | 0.000226 | 0.000228 | 0.000230 | 0.000232 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000182 | 0.000204 | 0.000219 | 0.000241 | 0.000256 | 0.000278 | 0.000293 |
| Camarilla | 0.000224 | 0.000227 | 0.000231 | 0.000234 | 0.000237 | 0.000241 | 0.000244 |
| Woodie | 0.000179 | 0.000202 | 0.000216 | 0.000239 | 0.000253 | 0.000276 | 0.000290 |
| Fibonacci | 0.000204 | 0.000218 | 0.000227 | 0.000241 | 0.000255 | 0.000264 | 0.000278 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000027 | 0.000106 | 0.000177 | 0.000310 | 0.000381 | 0.000514 | 0.000585 |
| Camarilla | 0.000192 | 0.000211 | 0.000229 | 0.000248 | 0.000267 | 0.000285 | 0.000304 |
| Woodie | -0.000058 | 0.000091 | 0.000146 | 0.000295 | 0.000350 | 0.000499 | 0.000554 |
| Fibonacci | 0.000106 | 0.000184 | 0.000232 | 0.000310 | 0.000388 | 0.000436 | 0.000514 |
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): | 31.68 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -4.970203 | |
| AROON (14): | -92.857143 | |
| DEMA (21): | 0.000212 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000248 | |
| Elder Ray (13): | -0.000008 | |
| Super Trend (3,10): | 0.000267 | |
| Zig ZAG (10): | 0.000227 | |
| VORTEX (21): | 0.9404 | |
| Stochastique (14,3,5): | 7.45 | |
| TEMA (21): | 0.000222 | |
| Williams %R (14): | -90.74 | |
| Chande Momentum Oscillator (20): | -0.000025 | |
| Repulse (5,40,3): | -0.6606 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -1.3553 | |
| Courbe Coppock: | 19.82 |
| MA7: | 0.000229 | |
| MA20: | 0.000241 | |
| MA50: | 0.000312 | |
| MA100: | 0.000419 | |
| MAexp7: | 0.000230 | |
| MAexp20: | 0.000246 | |
| MAexp50: | 0.000306 | |
| MAexp100: | 0.000387 | |
| Price / MA7: | -0.87% | |
| Price / MA20: | -5.81% | |
| Price / MA50: | -27.24% | |
| Price / MA100: | -45.82% | |
| Price / MAexp7: | -1.30% | |
| Price / MAexp20: | -7.72% | |
| Price / MAexp50: | -25.82% | |
| Price / MAexp100: | -41.34% |
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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