ZILLIQA - ZIL/USD - Daily - Technical analysis published on 09/11/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 0.017586 USD
My targets
0.015402 USD (-10.33%)
0.012517 USD (-27.13%)
My analysis
ZILLIQA - ZIL/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.017586 USD. The next support located at 0.015402 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.012517 USD. Below this support, sellers could then target 0.007010 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.9
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This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ZILLIQA - ZIL/USD rating 0.017176 USD. The price registered a decrease of -0.61% on the session and was between 0.016500 USD and 0.017500 USD. This implies that the price is at +4.10% from its lowest and at -1.85% from its highest.0.016500
0.017500
0.017176
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of ZILLIQA - ZIL/USD indicates that the overall trend is strongly bearish. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.007010 | 0.012517 | 0.017088 | 0.017176 | 0.020862 | 0.025011 | 0.046380 |
| Change (%) | -59.19% | -27.13% | -0.51% | - | +21.46% | +45.62% | +170.03% |
| Change | -0.010166 | -0.004659 | -0.000088 | - | +0.003686 | +0.007835 | +0.029204 |
| Level | Minor | Major | Major | - | Intermediate | Major | Minor |
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 | 0.014969 | 0.015719 | 0.016500 | 0.017250 | 0.018031 | 0.018781 | 0.019562 |
| Camarilla | 0.016860 | 0.017000 | 0.017141 | 0.017281 | 0.017421 | 0.017562 | 0.017702 |
| Woodie | 0.014985 | 0.015727 | 0.016516 | 0.017258 | 0.018047 | 0.018789 | 0.019578 |
| Fibonacci | 0.015719 | 0.016304 | 0.016665 | 0.017250 | 0.017835 | 0.018196 | 0.018781 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000259 | 0.006573 | 0.010754 | 0.017586 | 0.021767 | 0.028599 | 0.032780 |
| Camarilla | 0.011907 | 0.012917 | 0.013927 | 0.014936 | 0.015946 | 0.016955 | 0.017965 |
| Woodie | -0.001584 | 0.005910 | 0.009430 | 0.016923 | 0.020443 | 0.027936 | 0.031456 |
| Fibonacci | 0.006573 | 0.010780 | 0.013379 | 0.017586 | 0.021793 | 0.024392 | 0.028599 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001853 | 0.008306 | 0.015402 | 0.021855 | 0.028951 | 0.035404 | 0.042500 |
| Camarilla | 0.018773 | 0.020015 | 0.021257 | 0.022499 | 0.023741 | 0.024983 | 0.026225 |
| Woodie | 0.002176 | 0.008467 | 0.015725 | 0.022016 | 0.029274 | 0.035565 | 0.042823 |
| Fibonacci | 0.008306 | 0.013481 | 0.016679 | 0.021855 | 0.027030 | 0.030228 | 0.035404 |
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): | 42.53 | |
| MACD (12,26,9): | -0.0015 | |
| Directional Movement: | -4.816896 | |
| AROON (14): | -35.714285 | |
| DEMA (21): | 0.016750 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.019472 | |
| Elder Ray (13): | -0.000686 | |
| Super Trend (3,10): | 0.022663 | |
| Zig ZAG (10): | 0.017201 | |
| VORTEX (21): | 0.9101 | |
| Stochastique (14,3,5): | 32.80 | |
| TEMA (21): | 0.015449 | |
| Williams %R (14): | -65.52 | |
| Chande Momentum Oscillator (20): | -0.006094 | |
| Repulse (5,40,3): | 5.8548 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.8787 | |
| Courbe Coppock: | 49.66 |
| MA7: | 0.016011 | |
| MA20: | 0.019202 | |
| MA50: | 0.020563 | |
| MA100: | 0.020269 | |
| MAexp7: | 0.016866 | |
| MAexp20: | 0.018565 | |
| MAexp50: | 0.019682 | |
| MAexp100: | 0.018478 | |
| Price / MA7: | +7.28% | |
| Price / MA20: | -10.55% | |
| Price / MA50: | -16.47% | |
| Price / MA100: | -15.26% | |
| Price / MAexp7: | +1.84% | |
| Price / MAexp20: | -7.48% | |
| Price / MAexp50: | -12.73% | |
| Price / MAexp100: | -7.05% |
Quotes :
2020-09-11 14:29:59
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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