ZILLIQA - ZIL/USDT - Weekly - Technical analysis published on 05/19/2023 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 0.030507 USDT
My targets
0.022207 USDT (-7.12%)
My analysis
The bearish basic trend is very strong on ZILLIQA - ZIL/USDT but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.030507 USDT. Crossing the first support at 0.022207 USDT would be a sign of a further potential price plummet. Caution, a return to above the resistance located at 0.030507 USDT would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.7
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This analysis was given by trader_57583. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ZILLIQA - ZIL/USDT rating is 0.023910 USDT. The price registered an increase of +1.44% over 5 days and was traded between 0.023450 USDT and 0.025350 USDT over the period. The price is currently at +1.96% from its lowest point and -5.68% from its highest point.0.023450
0.025350
0.023910
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Weekly of this ZILLIQA - ZIL/USDT chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 5 are bullish, 6 are neutral and 7 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.022207 | 0.023910 | 0.053390 | 0.132700 | 0.184200 |
| Change (%) | -7.12% | - | +123.30% | +455.00% | +670.39% |
| Change | -0.001703 | - | +0.029480 | +0.108790 | +0.160290 |
| Level | Major | - | Minor | Minor | Intermediate |
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 | 0.022723 | 0.023327 | 0.024143 | 0.024747 | 0.025563 | 0.026167 | 0.026983 |
| Camarilla | 0.024570 | 0.024700 | 0.024830 | 0.024960 | 0.025090 | 0.025220 | 0.025351 |
| Woodie | 0.022830 | 0.023380 | 0.024250 | 0.024800 | 0.025670 | 0.026220 | 0.027090 |
| Fibonacci | 0.023327 | 0.023869 | 0.024204 | 0.024747 | 0.025289 | 0.025624 | 0.026167 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.017883 | 0.020237 | 0.021903 | 0.024257 | 0.025923 | 0.028277 | 0.029943 |
| Camarilla | 0.022465 | 0.022833 | 0.023202 | 0.023570 | 0.023939 | 0.024307 | 0.024676 |
| Woodie | 0.017540 | 0.020065 | 0.021560 | 0.024085 | 0.025580 | 0.028105 | 0.029600 |
| Fibonacci | 0.020237 | 0.021772 | 0.022721 | 0.024257 | 0.025792 | 0.026741 | 0.028277 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.016543 | 0.022027 | 0.025023 | 0.030507 | 0.033503 | 0.038987 | 0.041983 |
| Camarilla | 0.025688 | 0.026465 | 0.027243 | 0.028020 | 0.028797 | 0.029575 | 0.030352 |
| Woodie | 0.015300 | 0.021405 | 0.023780 | 0.029885 | 0.032260 | 0.038365 | 0.040740 |
| Fibonacci | 0.022027 | 0.025266 | 0.027267 | 0.030507 | 0.033746 | 0.035747 | 0.038987 |
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): | 42.90 | |
| MACD (12,26,9): | -0.0015 | |
| Directional Movement: | -0.471553 | |
| AROON (14): | -14.285715 | |
| DEMA (21): | 0.025643 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.022496 | |
| Elder Ray (13): | -0.003150 | |
| Super Trend (3,10): | 0.016833 | |
| Zig ZAG (10): | 0.023910 | |
| VORTEX (21): | 1.0337 | |
| Stochastique (14,3,5): | 20.55 | |
| TEMA (21): | 0.028260 | |
| Williams %R (14): | -83.42 | |
| Chande Momentum Oscillator (20): | -0.010900 | |
| Repulse (5,40,3): | -17.3719 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.5817 | |
| Courbe Coppock: | 7.05 |
| MA7: | 0.024054 | |
| MA20: | 0.025472 | |
| MA50: | 0.028413 | |
| MA100: | 0.028497 | |
| MAexp7: | 0.026641 | |
| MAexp20: | 0.027963 | |
| MAexp50: | 0.035359 | |
| MAexp100: | 0.045730 | |
| Price / MA7: | -0.60% | |
| Price / MA20: | -6.13% | |
| Price / MA50: | -15.85% | |
| Price / MA100: | -16.10% | |
| Price / MAexp7: | -10.25% | |
| Price / MAexp20: | -14.49% | |
| Price / MAexp50: | -32.38% | |
| Price / MAexp100: | -47.71% |
Quotes :
-
Real time data
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