ZILLIQA - ZIL/USD - Daily - Technical analysis published on 07/08/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
56%
22%
22%
My opinion
Bullish above 0.020000 USD
My targets
0.022724 USD (+9.19%)
0.025011 USD (+20.18%)
My analysis
ZILLIQA - ZIL/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.020000 USD. The next resistance located at 0.022724 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.025011 USD. After this resistance, buyers could then target 0.027600 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
6.8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ZILLIQA - ZIL/USD rating 0.020812 USD. The price registered an increase of +2.52% on the session with the lowest point at 0.020200 USD and the highest point at 0.021653 USD. The deviation from the price is +3.03% for the low point and -3.88% for the high point.0.020200
0.021653
0.020812
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of ZILLIQA - ZIL/USD in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : Daily
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Upside gap
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.015844 | 0.018000 | 0.020000 | 0.020812 | 0.022724 | 0.025011 | 0.027600 |
| Change (%) | -23.87% | -13.51% | -3.90% | - | +9.19% | +20.18% | +32.62% |
| Change | -0.004968 | -0.002812 | -0.000812 | - | +0.001912 | +0.004199 | +0.006788 |
| Level | Major | Minor | Minor | - | Minor | Major | Major |
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 | 0.011175 | 0.011544 | 0.011961 | 0.012330 | 0.012747 | 0.013116 | 0.013533 |
| Camarilla | 0.012161 | 0.012233 | 0.012305 | 0.012377 | 0.012449 | 0.012521 | 0.012593 |
| Woodie | 0.011198 | 0.011556 | 0.011984 | 0.012342 | 0.012770 | 0.013128 | 0.013556 |
| Fibonacci | 0.011544 | 0.011845 | 0.012030 | 0.012330 | 0.012631 | 0.012816 | 0.013116 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.012914 | 0.014350 | 0.016728 | 0.018164 | 0.020542 | 0.021978 | 0.024356 |
| Camarilla | 0.018057 | 0.018407 | 0.018756 | 0.019106 | 0.019456 | 0.019805 | 0.020155 |
| Woodie | 0.013385 | 0.014586 | 0.017199 | 0.018400 | 0.021013 | 0.022214 | 0.024827 |
| Fibonacci | 0.014350 | 0.015807 | 0.016707 | 0.018164 | 0.019621 | 0.020521 | 0.021978 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.015626 | 0.013770 | 0.016412 | 0.014556 | 0.017198 | 0.015342 | 0.017984 |
| Camarilla | 0.018838 | 0.018910 | 0.018982 | 0.019054 | 0.019126 | 0.019198 | 0.019270 |
| Woodie | 0.017875 | 0.014895 | 0.018661 | 0.015681 | 0.019447 | 0.016467 | 0.020233 |
| Fibonacci | 0.013770 | 0.014070 | 0.014256 | 0.014556 | 0.014856 | 0.015042 | 0.015342 |
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): | 54.79 | |
| MACD (12,26,9): | -0.0009 | |
| Directional Movement: | 8.919318 | |
| AROON (14): | 14.285713 | |
| DEMA (21): | 0.016481 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.005455 | |
| Elder Ray (13): | 0.004159 | |
| Super Trend (3,10): | 0.008956 | |
| Zig ZAG (10): | 0.020812 | |
| VORTEX (21): | 0.9624 | |
| Stochastique (14,3,5): | 48.78 | |
| TEMA (21): | 0.014782 | |
| Williams %R (14): | -5.67 | |
| Chande Momentum Oscillator (20): | 0.004890 | |
| Repulse (5,40,3): | 4.2514 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.4705 | |
| Courbe Coppock: | 31.46 |
| MA7: | 0.016156 | |
| MA20: | 0.017582 | |
| MA50: | 0.017908 | |
| MA100: | 0.011907 | |
| MAexp7: | 0.016089 | |
| MAexp20: | 0.017358 | |
| MAexp50: | 0.016627 | |
| MAexp100: | 0.013750 | |
| Price / MA7: | +28.82% | |
| Price / MA20: | +18.37% | |
| Price / MA50: | +16.22% | |
| Price / MA100: | +74.79% | |
| Price / MAexp7: | +29.36% | |
| Price / MAexp20: | +19.90% | |
| Price / MAexp50: | +25.17% | |
| Price / MAexp100: | +51.36% |
Quotes :
2020-07-08 16:21:13
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Real time data
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