ZILLIQA - ZIL/USD - Daily - Technical analysis published on 07/04/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.018963 USD
My targets
0.025103 USD (+13.53%)
0.026857 USD (+21.46%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for ZILLIQA - ZIL/USD as long as the price remains well above 0.018963 USD. The buyers' bullish objective is set at 0.025103 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.026857 USD. If there is any crossing, the next objective would be the resistance located at 0.030999 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 0.025103 USD. On this resistance, against the trend traders who would like to go short on ZILLIQA - ZIL/USD with a bearish signal from their trading strategy, should not hesitate to act.
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
2.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ZILLIQA - ZIL/USD rating 0.022112 USD. On the day, this instrument lost -0.01% and was between 0.021802 USD and 0.022131 USD. This implies that the price is at +1.42% from its lowest and at -0.09% from its highest.0.021802
0.022131
0.022112
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of ZILLIQA - ZIL/USD in Daily shows an overall slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : Daily
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.015931 | 0.018963 | 0.022112 | 0.022401 | 0.026857 | 0.030999 |
| Change (%) | -27.95% | -14.24% | - | +1.31% | +21.46% | +40.19% |
| Change | -0.006181 | -0.003149 | - | +0.000289 | +0.004745 | +0.008887 |
| Level | Major | Intermediate | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.019255 | 0.020191 | 0.021152 | 0.022088 | 0.023049 | 0.023985 | 0.024946 |
| Camarilla | 0.021592 | 0.021766 | 0.021940 | 0.022114 | 0.022288 | 0.022462 | 0.022636 |
| Woodie | 0.019269 | 0.020197 | 0.021166 | 0.022094 | 0.023063 | 0.023991 | 0.024960 |
| Fibonacci | 0.020191 | 0.020915 | 0.021363 | 0.022088 | 0.022812 | 0.023260 | 0.023985 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.015311 | 0.016957 | 0.019339 | 0.020985 | 0.023367 | 0.025013 | 0.027395 |
| Camarilla | 0.020612 | 0.020982 | 0.021351 | 0.021720 | 0.022089 | 0.022459 | 0.022828 |
| Woodie | 0.015678 | 0.017141 | 0.019706 | 0.021169 | 0.023734 | 0.025197 | 0.027762 |
| Fibonacci | 0.016957 | 0.018496 | 0.019447 | 0.020985 | 0.022524 | 0.023475 | 0.025013 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.006743 | 0.011111 | 0.015923 | 0.020291 | 0.025103 | 0.029471 | 0.034283 |
| Camarilla | 0.018210 | 0.019051 | 0.019893 | 0.020734 | 0.021576 | 0.022417 | 0.023259 |
| Woodie | 0.006964 | 0.011222 | 0.016144 | 0.020402 | 0.025324 | 0.029582 | 0.034504 |
| Fibonacci | 0.011111 | 0.014618 | 0.016785 | 0.020291 | 0.023798 | 0.025965 | 0.029471 |
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): | 59.50 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | 12.481608 | |
| AROON (14): | 92.857143 | |
| DEMA (21): | 0.020599 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.018983 | |
| Elder Ray (13): | 0.001351 | |
| Super Trend (3,10): | 0.017643 | |
| Zig ZAG (10): | 0.022120 | |
| VORTEX (21): | 1.1768 | |
| Stochastique (14,3,5): | 84.18 | |
| TEMA (21): | 0.021743 | |
| Williams %R (14): | -17.32 | |
| Chande Momentum Oscillator (20): | 0.002964 | |
| Repulse (5,40,3): | 1.3348 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1435 | |
| Courbe Coppock: | 35.19 |
| MA7: | 0.020934 | |
| MA20: | 0.019425 | |
| MA50: | 0.021204 | |
| MA100: | 0.024936 | |
| MAexp7: | 0.021274 | |
| MAexp20: | 0.020518 | |
| MAexp50: | 0.021516 | |
| MAexp100: | 0.023368 | |
| Price / MA7: | +5.63% | |
| Price / MA20: | +13.83% | |
| Price / MA50: | +4.28% | |
| Price / MA100: | -11.32% | |
| Price / MAexp7: | +3.94% | |
| Price / MAexp20: | +7.77% | |
| Price / MAexp50: | +2.77% | |
| Price / MAexp100: | -5.37% |
Quotes :
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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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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…
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