ZILLIQA - ZIL/USD
ZILLIQA - ZIL/USD
0.022864 USD (+4.28%)
Real time data - Cryptocompare
Open: 0.021940
Change: +0.000938
Volume: 4,665,420
Low: 0.021300
High: 0.022958
High / Low range: 0.001658
Type: Cryptocurrencies
Ticker: ZILUSD
ISIN:

ZILLIQA - ZIL/USD - Daily - Technical analysis published on 08/01/2020

  • Who voted?
  • 60
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on 2020-08-01 21:19:22
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Bullish
De fond: Bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 0.015844 USD
My targets
0.019601 USD (+6.59%)
0.022724 USD (+23.57%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on ZILLIQA - ZIL/USD as long as the price remains well above 0.015844 USD. The buyers” bullish objective is set at 0.019601 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.022724 USD. If there is any crossing, the next objective would be the resistance located at 0.025011 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.5

This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 analysis. 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.

Additional analysis

Quotes

ZILLIQA - ZIL/USD rating 0.018389 USD. The price registered an increase of +1.97% on the session and was between 0.017841 USD and 0.018705 USD. This implies that the price is at +3.07% from its lowest and at -1.69% from its highest.

0.017841
0.018705
0.018389

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

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


Technical analysis of this Daily chart of ZILLIQA - ZIL/USD indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily



An assessment of technical indicators shows a moderate bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Daily



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.009015 0.012517 0.015844 0.018389 0.019601 0.022724 0.025011
Change (%) -50.98% -31.93% -13.84% - +6.59% +23.57% +36.01%
Change -0.009374 -0.005872 -0.002545 - +0.001212 +0.004335 +0.006622
Level Intermediate Major Major - Major Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0162120.0169920.0175130.0182930.0188140.0195940.020115
Camarilla0.0176750.0177950.0179140.0180330.0181520.0182720.018391
Woodie0.0160820.0169270.0173830.0182280.0186840.0195290.019985
Fibonacci0.0169920.0174890.0177960.0182930.0187900.0190970.019594


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0141220.0154950.0170680.0184410.0200140.0213870.022960
Camarilla0.0178320.0181020.0183720.0186420.0189120.0191820.019452
Woodie0.0142230.0155450.0171690.0184910.0201150.0214370.023061
Fibonacci0.0154950.0166200.0173150.0184410.0195660.0202610.021387


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0101510.0131760.0156040.0186290.0210570.0240820.026510
Camarilla0.0165330.0170330.0175330.0180330.0185330.0190330.019533
Woodie0.0098540.0130270.0153070.0184800.0207600.0239330.026213
Fibonacci0.0131760.0152590.0165460.0186290.0207120.0219990.024082

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): 50.47
MACD (12,26,9): -0.0002
Directional Movement: 1.393086
AROON (14): 21.428574
DEMA (21): 0.018055
Parabolic SAR (0,02-0,02-0,2): 0.016348
Elder Ray (13): 0.000070
Super Trend (3,10): 0.020967
Zig ZAG (10): 0.018359
VORTEX (21): 0.9356
Stochastique (14,3,5): 52.42
TEMA (21): 0.017738
Williams %R (14): -45.87
Chande Momentum Oscillator (20): 0.000927
Repulse (5,40,3): -2.9641
ROCnROLL: 1
TRIX (15,9): -0.2109
Courbe Coppock: 4.85
MA7: 0.017884
MA20: 0.018361
MA50: 0.019181
MA100: 0.015443
MAexp7: 0.018087
MAexp20: 0.018354
MAexp50: 0.018026
MAexp100: 0.015765
Price / MA7: +2.82%
Price / MA20: +0.15%
Price / MA50: -4.13%
Price / MA100: +19.08%
Price / MAexp7: +1.67%
Price / MAexp20: +0.19%
Price / MAexp50: +2.01%
Price / MAexp100: +16.64%

Quotes : 2020-08-01 21:18:29 - Real time data - Cryptocompare

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

About author

Online

Overall rating :
11571
Number of analyses :
Followers :
0

Add a comment

no pic

Comments

0 comments on the analysis ZILLIQA - ZIL/USD - Daily