ZILLIQA - ZIL/USD - Weekly - Technical analysis published on 09/15/2021 (GMT)
- 249
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 0.088647 USD
My targets
0.140616 USD (+24.88%)
0.176844 USD (+57.05%)
My analysis
The basic bullish trend is very strong on ZILLIQA - ZIL/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.088647 USD. Crossing the first resistance at 0.140616 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.176844 USD as an objective. Crossing it would then enable buyers to target 0.237116 USD. Caution, a return to below 0.088647 USD would be a sign of a consolidation phase in the short-term basic trend. 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.
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
7.1
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 AKOUSA. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ZILLIQA - ZIL/USD price is 0.112604 USD. The price is up +4.17% over 5 days with the lowest point at 0.096584 USD and the highest point at 0.114211 USD. The deviation from the price is +16.59% for the low point and -1.41% for the high point.0.096584
0.114211
0.112604
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ZILLIQA - ZIL/USD:
Technical
Technical analysis of ZILLIQA - ZIL/USD in Weekly shows a strongly overall bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Weekly
In fact, 11 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : Weekly
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
S3 | S2 | S1 | Price | R1 | R2 | |
---|---|---|---|---|---|---|
ProTrendLines | 0.025833 | 0.053633 | 0.088647 | 0.112604 | 0.140616 | 0.237116 |
Change (%) | -77.06% | -52.37% | -21.28% | - | +24.88% | +110.58% |
Change | -0.086771 | -0.058971 | -0.023957 | - | +0.028012 | +0.124512 |
Level | Intermediate | Major | Major | - | 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 | 0.095877 | 0.098355 | 0.102363 | 0.104841 | 0.108849 | 0.111327 | 0.115335 |
Camarilla | 0.104588 | 0.105183 | 0.105778 | 0.106372 | 0.106967 | 0.107561 | 0.108156 |
Woodie | 0.096643 | 0.098738 | 0.103129 | 0.105224 | 0.109615 | 0.111710 | 0.116101 |
Fibonacci | 0.098355 | 0.100832 | 0.102363 | 0.104841 | 0.107318 | 0.108849 | 0.111327 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.042033 | 0.066829 | 0.086641 | 0.111437 | 0.131249 | 0.156045 | 0.175857 |
Camarilla | 0.094187 | 0.098276 | 0.102365 | 0.106454 | 0.110543 | 0.114632 | 0.118721 |
Woodie | 0.039542 | 0.065583 | 0.084150 | 0.110191 | 0.128758 | 0.154799 | 0.173366 |
Fibonacci | 0.066829 | 0.083869 | 0.094396 | 0.111437 | 0.128477 | 0.139004 | 0.156045 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.034092 | 0.055353 | 0.081676 | 0.102937 | 0.129260 | 0.150521 | 0.176844 |
Camarilla | 0.094912 | 0.099274 | 0.103636 | 0.107998 | 0.112360 | 0.116722 | 0.121084 |
Woodie | 0.036622 | 0.056619 | 0.084206 | 0.104203 | 0.131790 | 0.151787 | 0.179374 |
Fibonacci | 0.055353 | 0.073530 | 0.084760 | 0.102937 | 0.121114 | 0.132344 | 0.150521 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 50.89 | |
MACD (12,26,9): | -0.0014 | |
Directional Movement: | 0.004494 | |
AROON (14): | 49.999997 | |
DEMA (21): | 0.106741 | |
Parabolic SAR (0,02-0,02-0,2): | 0.052514 | |
Elder Ray (13): | -0.000581 | |
Super Trend (3,10): | 0.184784 | |
Zig ZAG (10): | 0.111212 | |
VORTEX (21): | 0.9745 | |
Stochastique (14,3,5): | 68.13 | |
TEMA (21): | 0.096307 | |
Williams %R (14): | -29.57 | |
Chande Momentum Oscillator (20): | 0.041338 | |
Repulse (5,40,3): | 9.7440 | |
ROCnROLL: | 1 | |
TRIX (15,9): | -0.4272 | |
Courbe Coppock: | 0.99 |
MA7: | 0.107887 | |
MA20: | 0.112225 | |
MA50: | 0.102755 | |
MA100: | 0.091662 | |
MAexp7: | 0.107373 | |
MAexp20: | 0.107582 | |
MAexp50: | 0.095668 | |
MAexp100: | 0.073151 | |
Price / MA7: | +4.37% | |
Price / MA20: | +0.34% | |
Price / MA50: | +9.58% | |
Price / MA100: | +22.85% | |
Price / MAexp7: | +4.87% | |
Price / MAexp20: | +4.67% | |
Price / MAexp50: | +17.70% | |
Price / MAexp100: | +53.93% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis ZILLIQA - ZIL/USD - Weekly