ZILLIQA - ZIL/USD - 1H - Technical analysis published on 01/14/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
28%
22%
50%
My opinion
Bullish above 0.025700 USD
My targets
0.026195 USD (+1.10%)
0.027520 USD (+6.21%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ZILLIQA - ZIL/USD. As long as you are above the support located at 0.025700 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.026195 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.027520 USD as an objective. Crossing it would then enable buyers to target 0.032888 USD. If the support 0.025700 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ZILLIQA - ZIL/USD rating 0.025910 USD. On the day, this instrument lost -0.03% and was traded between 0.024908 USD and 0.028427 USD over the period. The price is currently at +4.02% from its lowest and -8.85% from its highest.0.024908
0.028427
0.025910
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ZILLIQA - ZIL/USD:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ZILLIQA - ZIL/USD chart shows a bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 9 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.022212 | 0.023225 | 0.025700 | 0.025910 | 0.027520 | 0.032888 | 0.037046 |
| Change (%) | -14.27% | -10.36% | -0.81% | - | +6.21% | +26.93% | +42.98% |
| Change | -0.003698 | -0.002685 | -0.000210 | - | +0.001610 | +0.006978 | +0.011136 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.020730 | 0.022226 | 0.024065 | 0.025561 | 0.027400 | 0.028896 | 0.030735 |
| Camarilla | 0.024986 | 0.025292 | 0.025597 | 0.025903 | 0.026209 | 0.026514 | 0.026820 |
| Woodie | 0.020901 | 0.022312 | 0.024236 | 0.025647 | 0.027571 | 0.028982 | 0.030906 |
| Fibonacci | 0.022226 | 0.023500 | 0.024287 | 0.025561 | 0.026835 | 0.027622 | 0.028896 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.014333 | 0.015001 | 0.016312 | 0.016980 | 0.018291 | 0.018959 | 0.020270 |
| Camarilla | 0.017079 | 0.017260 | 0.017442 | 0.017623 | 0.017804 | 0.017986 | 0.018167 |
| Woodie | 0.014655 | 0.015162 | 0.016634 | 0.017141 | 0.018613 | 0.019120 | 0.020592 |
| Fibonacci | 0.015001 | 0.015757 | 0.016224 | 0.016980 | 0.017736 | 0.018203 | 0.018959 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004872 | 0.010085 | 0.012927 | 0.018140 | 0.020982 | 0.026195 | 0.029037 |
| Camarilla | 0.013553 | 0.014291 | 0.015030 | 0.015768 | 0.016506 | 0.017245 | 0.017983 |
| Woodie | 0.003686 | 0.009492 | 0.011741 | 0.017547 | 0.019796 | 0.025602 | 0.027851 |
| Fibonacci | 0.010085 | 0.013162 | 0.015063 | 0.018140 | 0.021217 | 0.023118 | 0.026195 |
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): | 48.13 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | -0.081809 | |
| AROON (14): | -7.142857 | |
| DEMA (21): | 0.026440 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.027783 | |
| Elder Ray (13): | -0.000183 | |
| Super Trend (3,10): | 0.025451 | |
| Zig ZAG (10): | 0.025877 | |
| VORTEX (21): | 0.9914 | |
| Stochastique (14,3,5): | 28.87 | |
| TEMA (21): | 0.026115 | |
| Williams %R (14): | -66.33 | |
| Chande Momentum Oscillator (20): | 0.000209 | |
| Repulse (5,40,3): | 0.0326 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1640 | |
| Courbe Coppock: | 5.06 |
| MA7: | 0.024064 | |
| MA20: | 0.019263 | |
| MA50: | 0.020256 | |
| MA100: | 0.023922 | |
| MAexp7: | 0.026083 | |
| MAexp20: | 0.026148 | |
| MAexp50: | 0.025517 | |
| MAexp100: | 0.024560 | |
| Price / MA7: | +7.67% | |
| Price / MA20: | +34.51% | |
| Price / MA50: | +27.91% | |
| Price / MA100: | +8.31% | |
| Price / MAexp7: | -0.66% | |
| Price / MAexp20: | -0.91% | |
| Price / MAexp50: | +1.54% | |
| Price / MAexp100: | +5.50% |
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.
About author
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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…
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