ZILLIQA - ZIL/USD - 1H - Technical analysis published on 10/14/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.015753 USD
My targets
0.016695 USD (+3.72%)
0.017056 USD (+5.96%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on ZILLIQA - ZIL/USD. This is a positive signal for buyers. As long as the price remains above 0.015753 USD, a purchase could be considered. The first bullish objective is located at 0.016695 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.017056 USD as an objective. Crossing it would then enable buyers to target 0.017473 USD. In the event of a return below 0.015753 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
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 0.016096 USD. The price registered a decrease of -0.01% on the session and was between 0.015842 USD and 0.016378 USD. This implies that the price is at +1.60% from its lowest and at -1.72% from its highest.0.015842
0.016378
0.016096
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
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ZILLIQA - ZIL/USD indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.015589 | 0.015753 | 0.016096 | 0.016122 | 0.016695 | 0.017056 |
| Change (%) | -3.15% | -2.13% | - | +0.16% | +3.72% | +5.96% |
| Change | -0.000507 | -0.000343 | - | +0.000026 | +0.000599 | +0.000960 |
| Level | Intermediate | Minor | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.015194 | 0.015473 | 0.015658 | 0.015937 | 0.016122 | 0.016401 | 0.016586 |
| Camarilla | 0.015714 | 0.015757 | 0.015800 | 0.015842 | 0.015885 | 0.015927 | 0.015970 |
| Woodie | 0.015146 | 0.015450 | 0.015610 | 0.015914 | 0.016074 | 0.016378 | 0.016538 |
| Fibonacci | 0.015473 | 0.015651 | 0.015760 | 0.015937 | 0.016115 | 0.016224 | 0.016401 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.014050 | 0.015182 | 0.015962 | 0.017094 | 0.017874 | 0.019006 | 0.019786 |
| Camarilla | 0.016215 | 0.016391 | 0.016566 | 0.016741 | 0.016916 | 0.017092 | 0.017267 |
| Woodie | 0.013873 | 0.015094 | 0.015785 | 0.017006 | 0.017697 | 0.018918 | 0.019609 |
| Fibonacci | 0.015182 | 0.015913 | 0.016364 | 0.017094 | 0.017825 | 0.018276 | 0.019006 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.010646 | 0.012552 | 0.015179 | 0.017085 | 0.019712 | 0.021618 | 0.024245 |
| Camarilla | 0.016560 | 0.016976 | 0.017392 | 0.017807 | 0.018223 | 0.018638 | 0.019054 |
| Woodie | 0.011008 | 0.012732 | 0.015541 | 0.017265 | 0.020074 | 0.021798 | 0.024607 |
| Fibonacci | 0.012552 | 0.014283 | 0.015353 | 0.017085 | 0.018816 | 0.019886 | 0.021618 |
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): | 55.86 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 25.769903 | |
| AROON (14): | 71.428571 | |
| DEMA (21): | 0.015957 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.015848 | |
| Elder Ray (13): | 0.000311 | |
| Super Trend (3,10): | 0.016414 | |
| Zig ZAG (10): | 0.016096 | |
| VORTEX (21): | 1.0028 | |
| Stochastique (14,3,5): | 32.01 | |
| TEMA (21): | 0.015949 | |
| Williams %R (14): | -45.12 | |
| Chande Momentum Oscillator (20): | 0.000278 | |
| Repulse (5,40,3): | -3.4354 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0142 | |
| Courbe Coppock: | 0.96 |
| MA7: | 0.016270 | |
| MA20: | 0.016825 | |
| MA50: | 0.016578 | |
| MA100: | 0.018308 | |
| MAexp7: | 0.015940 | |
| MAexp20: | 0.015917 | |
| MAexp50: | 0.015899 | |
| MAexp100: | 0.016012 | |
| Price / MA7: | -1.07% | |
| Price / MA20: | -4.33% | |
| Price / MA50: | -2.91% | |
| Price / MA100: | -12.08% | |
| Price / MAexp7: | +0.98% | |
| Price / MAexp20: | +1.12% | |
| Price / MAexp50: | +1.24% | |
| Price / MAexp100: | +0.52% |
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
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