ZILLIQA - ZIL/USD - 1H - Technical analysis published on 08/06/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.019601 USD
My targets
0.020357 USD (+2.06%)
0.022024 USD (+10.41%)
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 0.019601 USD. The next resistance located at 0.020357 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 0.022024 USD. After this resistance, buyers could then target 0.022724 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8
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This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ZILLIQA - ZIL/USD price is 0.019947 USD. The price registered an increase of +1.66% on the session with the lowest point at 0.019444 USD and the highest point at 0.020298 USD. The deviation from the price is +2.59% for the low point and -1.73% for the high point.0.019444
0.020298
0.019947
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.
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 1H chart of ZILLIQA - ZIL/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.018423 | 0.018979 | 0.019601 | 0.019947 | 0.022724 | 0.025011 | 0.027600 |
Change (%) | -7.64% | -4.85% | -1.73% | - | +13.92% | +25.39% | +38.37% |
Change | -0.001524 | -0.000968 | -0.000346 | - | +0.002777 | +0.005064 | +0.007653 |
Level | Intermediate | Intermediate | Major | - | Minor | Major | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.016821 | 0.017492 | 0.018557 | 0.019228 | 0.020293 | 0.020964 | 0.022029 |
Camarilla | 0.019144 | 0.019303 | 0.019462 | 0.019621 | 0.019780 | 0.019939 | 0.020098 |
Woodie | 0.017017 | 0.017591 | 0.018753 | 0.019327 | 0.020489 | 0.021063 | 0.022225 |
Fibonacci | 0.017492 | 0.018156 | 0.018565 | 0.019228 | 0.019892 | 0.020301 | 0.020964 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.012867 | 0.014534 | 0.016612 | 0.018279 | 0.020357 | 0.022024 | 0.024102 |
Camarilla | 0.017661 | 0.018004 | 0.018348 | 0.018691 | 0.019034 | 0.019378 | 0.019721 |
Woodie | 0.013074 | 0.014637 | 0.016819 | 0.018382 | 0.020564 | 0.022127 | 0.024309 |
Fibonacci | 0.014534 | 0.015964 | 0.016848 | 0.018279 | 0.019709 | 0.020593 | 0.022024 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.012386 | 0.009063 | 0.013297 | 0.009974 | 0.014208 | 0.010885 | 0.015119 |
Camarilla | 0.017282 | 0.017365 | 0.017449 | 0.017532 | 0.017616 | 0.017699 | 0.017783 |
Woodie | 0.016166 | 0.010952 | 0.017077 | 0.011863 | 0.017988 | 0.012774 | 0.018899 |
Fibonacci | 0.009063 | 0.009411 | 0.009626 | 0.009974 | 0.010322 | 0.010537 | 0.010885 |
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): | 67.28 | |
MACD (12,26,9): | 0.0004 | |
Directional Movement: | 21.900519 | |
AROON (14): | 92.857140 | |
DEMA (21): | 0.019913 | |
Parabolic SAR (0,02-0,02-0,2): | 0.019376 | |
Elder Ray (13): | 0.000435 | |
Super Trend (3,10): | 0.018881 | |
Zig ZAG (10): | 0.020071 | |
VORTEX (21): | 1.1784 | |
Stochastique (14,3,5): | 93.30 | |
TEMA (21): | 0.020134 | |
Williams %R (14): | -11.62 | |
Chande Momentum Oscillator (20): | 0.000848 | |
Repulse (5,40,3): | 1.0390 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.2840 | |
Courbe Coppock: | 13.60 |
MA7: | 0.016847 | |
MA20: | 0.017682 | |
MA50: | 0.018417 | |
MA100: | 0.016008 | |
MAexp7: | 0.019874 | |
MAexp20: | 0.019370 | |
MAexp50: | 0.018807 | |
MAexp100: | 0.018473 | |
Price / MA7: | +18.40% | |
Price / MA20: | +12.81% | |
Price / MA50: | +8.31% | |
Price / MA100: | +24.61% | |
Price / MAexp7: | +0.37% | |
Price / MAexp20: | +2.98% | |
Price / MAexp50: | +6.06% | |
Price / MAexp100: | +7.98% |
Quotes :
2020-08-06 03:52:41
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Real time data
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