ZILLIQA - ZIL/USDT

- USDT (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	ZILUSDT
ISIN:

ZILLIQA - ZIL/USDT - Daily - Technical analysis published on 05/19/2023 (GMT)

Londinia

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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

22%

39%

My opinion

Bearish under 0.026710 USDT

My targets

0.022207 USDT (-7.12%)

0.020480 USDT (-14.35%)

My analysis

The bearish trend is currently very strong for ZILLIQA - ZIL/USDT. As long as the price remains below the resistance at 0.026710 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.022207 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.020480 USDT as an objective. Crossing it would then enable sellers to target 0.017380 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

6.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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 a decrease of -4.21% on the session and was between 0.023590 USDT and 0.024970 USDT. This implies that the price is at +1.36% from its lowest and at -4.25% from its highest.

0.023590

0.024970

0.023910

Here is a more detailed summary of the historical variations registered by ZILLIQA - ZIL/USDT:

Technical

Technical analysis of ZILLIQA - ZIL/USDT in Daily shows a overall strongly bearish trend. 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 scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

White hanging man / hammer

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.017380	0.020480	0.022207	0.023910	0.026710	0.030900	0.032910
Change (%)	-27.31%	-14.35%	-7.12%	-	+11.71%	+29.23%	+37.64%
Change	-0.006530	-0.003430	-0.001703	-	+0.002800	+0.006990	+0.009000
Level	Minor	Minor	Major	-	Minor	Minor	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	0.022723	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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	37.68
MACD (12,26,9):	-0.0014
Directional Movement:	-6.896852
AROON (14):	-57.142857
DEMA (21):	0.023716
Parabolic SAR (0,02-0,02-0,2):	0.022778
Elder Ray (13):	-0.000499
Super Trend (3,10):	0.027815
Zig ZAG (10):	0.023910
VORTEX (21):	0.7986
Stochastique (14,3,5):	35.80
TEMA (21):	0.023048
Williams %R (14):	-72.84
Chande Momentum Oscillator (20):	-0.002480
Repulse (5,40,3):	-1.0530
ROCnROLL:	2
TRIX (15,9):	-0.7573
Courbe Coppock:	23.91

MA7:	0.024054
MA20:	0.025472
MA50:	0.028413
MA100:	0.028497
MAexp7:	0.024272
MAexp20:	0.025517
MAexp50:	0.027150
MAexp100:	0.027531
Price / MA7:	-0.60%
Price / MA20:	-6.13%
Price / MA50:	-15.85%
Price / MA100:	-16.10%
Price / MAexp7:	-1.49%
Price / MAexp20:	-6.30%
Price / MAexp50:	-11.93%
Price / MAexp100:	-13.15%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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