ZILLIQA - ZIL/USD - 1H - Technical analysis published on 07/23/2024 (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 bearish
Underlying:
Strongly bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 0.018031 USD
My targets
0.017024 USD (-2.01%)
0.016491 USD (-5.08%)
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 0.018031 USD. The sellers' bearish objective is set at 0.017024 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.016491 USD. In case of crossing, the next objective would be the support located at 0.015605 USD. 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ZILLIQA - ZIL/USD rating is 0.017374 USD. On the day, this instrument lost -0.03% with the lowest point at 0.016605 USD and the highest point at 0.018271 USD. The deviation from the price is +4.63% for the low point and -4.91% for the high point.0.016605
0.018271
0.017374
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ZILLIQA - ZIL/USD indicates that the overall trend is strongly bearish. 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. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 8 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.016491 | 0.017024 | 0.017284 | 0.017374 | 0.018031 | 0.018324 | 0.018705 |
| Change (%) | -5.08% | -2.01% | -0.52% | - | +3.78% | +5.47% | +7.66% |
| Change | -0.000883 | -0.000350 | -0.000090 | - | +0.000657 | +0.000950 | +0.001331 |
| Level | Intermediate | Minor | Major | - | 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 | 0.015038 | 0.015934 | 0.016657 | 0.017553 | 0.018276 | 0.019172 | 0.019895 |
| Camarilla | 0.016934 | 0.017082 | 0.017231 | 0.017379 | 0.017527 | 0.017676 | 0.017824 |
| Woodie | 0.014951 | 0.015891 | 0.016570 | 0.017510 | 0.018189 | 0.019129 | 0.019808 |
| Fibonacci | 0.015934 | 0.016553 | 0.016935 | 0.017553 | 0.018172 | 0.018554 | 0.019172 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.013033 | 0.014318 | 0.016135 | 0.017420 | 0.019237 | 0.020522 | 0.022339 |
| Camarilla | 0.017099 | 0.017383 | 0.017668 | 0.017952 | 0.018236 | 0.018521 | 0.018805 |
| Woodie | 0.013299 | 0.014451 | 0.016401 | 0.017553 | 0.019503 | 0.020655 | 0.022605 |
| Fibonacci | 0.014318 | 0.015503 | 0.016235 | 0.017420 | 0.018605 | 0.019337 | 0.020522 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002491 | 0.008687 | 0.013247 | 0.019443 | 0.024003 | 0.030199 | 0.034759 |
| Camarilla | 0.014848 | 0.015834 | 0.016820 | 0.017806 | 0.018792 | 0.019778 | 0.020764 |
| Woodie | 0.001672 | 0.008278 | 0.012428 | 0.019034 | 0.023184 | 0.029790 | 0.033940 |
| Fibonacci | 0.008687 | 0.012796 | 0.015335 | 0.019443 | 0.023552 | 0.026091 | 0.030199 |
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): | 44.25 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -2.208359 | |
| AROON (14): | -21.428571 | |
| DEMA (21): | 0.017330 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.016662 | |
| Elder Ray (13): | 0.000234 | |
| Super Trend (3,10): | 0.016754 | |
| Zig ZAG (10): | 0.017353 | |
| VORTEX (21): | 0.9761 | |
| Stochastique (14,3,5): | 49.78 | |
| TEMA (21): | 0.017320 | |
| Williams %R (14): | -53.96 | |
| Chande Momentum Oscillator (20): | 0.000018 | |
| Repulse (5,40,3): | -7.7088 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0878 | |
| Courbe Coppock: | 2.31 |
| MA7: | 0.017615 | |
| MA20: | 0.016418 | |
| MA50: | 0.018041 | |
| MA100: | 0.021084 | |
| MAexp7: | 0.017391 | |
| MAexp20: | 0.017462 | |
| MAexp50: | 0.017611 | |
| MAexp100: | 0.017636 | |
| Price / MA7: | -1.37% | |
| Price / MA20: | +5.82% | |
| Price / MA50: | -3.70% | |
| Price / MA100: | -17.60% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | -0.50% | |
| Price / MAexp50: | -1.35% | |
| Price / MAexp100: | -1.49% |
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.
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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