ZILLIQA - ZIL/USD - 1H - Technical analysis published on 12/27/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 0.021568 USD
My targets
0.020768 USD (-1.12%)
0.019609 USD (-6.64%)
My analysis
ZILLIQA - ZIL/USD 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 0.021568 USD. The next support located at 0.020768 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.019609 USD. Below this support, sellers could then target 0.017552 USD. 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.4
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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 price is 0.021003 USD. The price registered a decrease of -0.21% on the session and was traded between 0.020093 USD and 0.022271 USD over the period. The price is currently at +4.53% from its lowest and -5.69% from its highest.0.020093
0.022271
0.021003
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H 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 detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
On the 18 technical indicators analysed, 5 are bullish, 6 are neutral and 7 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.017552 | 0.019609 | 0.020768 | 0.021003 | 0.021568 | 0.022163 | 0.022741 |
| Change (%) | -16.43% | -6.64% | -1.12% | - | +2.69% | +5.52% | +8.28% |
| Change | -0.003451 | -0.001394 | -0.000235 | - | +0.000565 | +0.001160 | +0.001738 |
| Level | Minor | Major | Minor | - | Minor | 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 | 0.016886 | 0.018454 | 0.019750 | 0.021318 | 0.022614 | 0.024182 | 0.025478 |
| Camarilla | 0.020259 | 0.020522 | 0.020785 | 0.021047 | 0.021310 | 0.021572 | 0.021835 |
| Woodie | 0.016751 | 0.018386 | 0.019615 | 0.021250 | 0.022479 | 0.024114 | 0.025343 |
| Fibonacci | 0.018454 | 0.019548 | 0.020224 | 0.021318 | 0.022412 | 0.023088 | 0.024182 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004484 | 0.011018 | 0.015716 | 0.022250 | 0.026948 | 0.033482 | 0.038180 |
| Camarilla | 0.017325 | 0.018355 | 0.019384 | 0.020414 | 0.021444 | 0.022473 | 0.023503 |
| Woodie | 0.003566 | 0.010559 | 0.014798 | 0.021791 | 0.026030 | 0.033023 | 0.037262 |
| Fibonacci | 0.011018 | 0.015309 | 0.017959 | 0.022250 | 0.026541 | 0.029191 | 0.033482 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.003237 | 0.008447 | 0.017729 | 0.022939 | 0.032221 | 0.037431 | 0.046713 |
| Camarilla | 0.023025 | 0.024353 | 0.025682 | 0.027010 | 0.028338 | 0.029667 | 0.030995 |
| Woodie | 0.005272 | 0.009465 | 0.019764 | 0.023957 | 0.034256 | 0.038449 | 0.048748 |
| Fibonacci | 0.008447 | 0.013983 | 0.017403 | 0.022939 | 0.028475 | 0.031895 | 0.037431 |
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): | 42.87 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -1.702392 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.021438 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.021966 | |
| Elder Ray (13): | -0.000206 | |
| Super Trend (3,10): | 0.023448 | |
| Zig ZAG (10): | 0.021706 | |
| VORTEX (21): | 0.9939 | |
| Stochastique (14,3,5): | 46.87 | |
| TEMA (21): | 0.021563 | |
| Williams %R (14): | -64.47 | |
| Chande Momentum Oscillator (20): | -0.000666 | |
| Repulse (5,40,3): | 2.3591 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0106 | |
| Courbe Coppock: | 0.32 |
| MA7: | 0.021732 | |
| MA20: | 0.024779 | |
| MA50: | 0.024137 | |
| MA100: | 0.019409 | |
| MAexp7: | 0.021365 | |
| MAexp20: | 0.021344 | |
| MAexp50: | 0.021525 | |
| MAexp100: | 0.021748 | |
| Price / MA7: | -3.35% | |
| Price / MA20: | -15.24% | |
| Price / MA50: | -12.98% | |
| Price / MA100: | +8.21% | |
| Price / MAexp7: | -1.69% | |
| Price / MAexp20: | -1.60% | |
| Price / MAexp50: | -2.43% | |
| Price / MAexp100: | -3.43% |
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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