ZILLIQA - ZIL/USD - Daily - Technical analysis published on 08/30/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
50%
11%
39%
My opinion
Bearish under 0.019315 USD
My targets
0.016122 USD (-5.86%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ZILLIQA - ZIL/USD as long as the price remains well below 0.019315 USD. The sellers' bearish objective is set at 0.016122 USD. A bearish break of this support would revive the bearish momentum. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
4.8
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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 0.017125 USD. The price registered a decrease of -0.06% on the session and was traded between 0.017125 USD and 0.017473 USD over the period. The price is currently at 0% from its lowest and -1.99% from its highest.0.017125
0.017473
0.017125
The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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:
Technical
A technical analysis in Daily of this ZILLIQA - ZIL/USD chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|
ProTrendLines | 0.016122 | 0.017125 | 0.022406 | 0.031065 | 0.035050 |
Change (%) | -5.86% | - | +30.84% | +81.40% | +104.67% |
Change | -0.001003 | - | +0.005281 | +0.013940 | +0.017925 |
Level | Major | - | Intermediate | Minor | 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 | 0.014614 | 0.015345 | 0.016240 | 0.016971 | 0.017866 | 0.018597 | 0.019492 |
Camarilla | 0.016688 | 0.016837 | 0.016986 | 0.017135 | 0.017284 | 0.017433 | 0.017582 |
Woodie | 0.014696 | 0.015386 | 0.016322 | 0.017012 | 0.017948 | 0.018638 | 0.019574 |
Fibonacci | 0.015345 | 0.015966 | 0.016350 | 0.016971 | 0.017592 | 0.017976 | 0.018597 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.014729 | 0.015358 | 0.016130 | 0.016759 | 0.017531 | 0.018160 | 0.018932 |
Camarilla | 0.016517 | 0.016645 | 0.016774 | 0.016902 | 0.017030 | 0.017159 | 0.017287 |
Woodie | 0.014801 | 0.015394 | 0.016202 | 0.016795 | 0.017603 | 0.018196 | 0.019004 |
Fibonacci | 0.015358 | 0.015893 | 0.016224 | 0.016759 | 0.017294 | 0.017625 | 0.018160 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.015644 | 0.017875 | 0.019315 | 0.021546 | 0.022986 | 0.025217 | 0.026657 |
Camarilla | 0.019745 | 0.020081 | 0.020418 | 0.020754 | 0.021091 | 0.021427 | 0.021764 |
Woodie | 0.015248 | 0.017677 | 0.018919 | 0.021348 | 0.022590 | 0.025019 | 0.026261 |
Fibonacci | 0.017875 | 0.019278 | 0.020144 | 0.021546 | 0.022949 | 0.023815 | 0.025217 |
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): | 40.32 | |
MACD (12,26,9): | -0.0009 | |
Directional Movement: | -6.394011 | |
AROON (14): | -7.142857 | |
DEMA (21): | 0.016444 | |
Parabolic SAR (0,02-0,02-0,2): | 0.015981 | |
Elder Ray (13): | 0.000129 | |
Super Trend (3,10): | 0.019277 | |
Zig ZAG (10): | 0.017137 | |
VORTEX (21): | 0.8330 | |
Stochastique (14,3,5): | 38.59 | |
TEMA (21): | 0.016225 | |
Williams %R (14): | -45.88 | |
Chande Momentum Oscillator (20): | 0.000470 | |
Repulse (5,40,3): | 1.4218 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.7414 | |
Courbe Coppock: | 20.77 |
MA7: | 0.016818 | |
MA20: | 0.017651 | |
MA50: | 0.019685 | |
MA100: | 0.020207 | |
MAexp7: | 0.016932 | |
MAexp20: | 0.017619 | |
MAexp50: | 0.019018 | |
MAexp100: | 0.020539 | |
Price / MA7: | +1.83% | |
Price / MA20: | -2.98% | |
Price / MA50: | -13.00% | |
Price / MA100: | -15.25% | |
Price / MAexp7: | +1.14% | |
Price / MAexp20: | -2.80% | |
Price / MAexp50: | -9.95% | |
Price / MAexp100: | -16.62% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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