ZILLIQA - ZIL/USD - 1H - Technical analysis published on 09/17/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 0.007060 USD
My targets
0.007220 USD (+0.43%)
0.007526 USD (+4.69%)
My analysis
The bullish trend is currently very strong on Zilliqa - ZIL/USD. As long as the price remains above the support at 0.007060 USD, you could try to benefit from the boom. The first bullish objective is located at 0.007220 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.007526 USD as an objective. Crossing it would then enable buyers to target 0.014818 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
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
8.2
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The Zilliqa - ZIL/USD rating is 0.007189 USD. The price registered an increase of +4.48% on the session with the lowest point at 0.006755 USD and the highest point at 0.007389 USD. The deviation from the price is +6.42% for the low point and -2.71% for the high point.0.006755
0.007389
0.007189
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this Zilliqa - ZIL/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
White hanging man / hammer
Type : Neutral
Timeframe : 1 hour
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.006662 | 0.006855 | 0.007060 | 0.007189 | 0.007220 | 0.007526 | 0.014818 |
| Change (%) | -7.33% | -4.65% | -1.79% | - | +0.43% | +4.69% | +106.12% |
| Change | -0.000527 | -0.000334 | -0.000129 | - | +0.000031 | +0.000337 | +0.007629 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.006390 | 0.006623 | 0.006752 | 0.006985 | 0.007114 | 0.007347 | 0.007476 |
| Camarilla | 0.006781 | 0.006815 | 0.006848 | 0.006881 | 0.006914 | 0.006947 | 0.006981 |
| Woodie | 0.006338 | 0.006597 | 0.006700 | 0.006959 | 0.007062 | 0.007321 | 0.007424 |
| Fibonacci | 0.006623 | 0.006761 | 0.006847 | 0.006985 | 0.007123 | 0.007209 | 0.007347 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005340 | 0.005914 | 0.006377 | 0.006951 | 0.007414 | 0.007988 | 0.008451 |
| Camarilla | 0.006554 | 0.006649 | 0.006744 | 0.006839 | 0.006934 | 0.007029 | 0.007124 |
| Woodie | 0.005284 | 0.005886 | 0.006321 | 0.006923 | 0.007358 | 0.007960 | 0.008395 |
| Fibonacci | 0.005914 | 0.006311 | 0.006555 | 0.006951 | 0.007348 | 0.007592 | 0.007988 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.009258 | 0.014282 | 0.010594 | 0.015618 | 0.011930 | 0.016954 | 0.013266 |
| Camarilla | 0.006538 | 0.006660 | 0.006783 | 0.006905 | 0.007028 | 0.007150 | 0.007272 |
| Woodie | 0.004901 | 0.012104 | 0.006237 | 0.013440 | 0.007573 | 0.014776 | 0.008909 |
| Fibonacci | 0.014282 | 0.014793 | 0.015108 | 0.015618 | 0.016129 | 0.016444 | 0.016954 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.62 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 11.321770 | |
| AROON (14): | 57.142854 | |
| DEMA (21): | 0.007192 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.007008 | |
| Elder Ray (13): | 0.000083 | |
| Super Trend (3,10): | 0.006858 | |
| Zig ZAG (10): | 0.007268 | |
| VORTEX (21): | 1.0923 | |
| Stochastique (14,3,5): | 75.17 | |
| TEMA (21): | 0.007264 | |
| Williams %R (14): | -18.79 | |
| Chande Momentum Oscillator (20): | 0.000361 | |
| Repulse (5,40,3): | 2.2045 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0967 | |
| Courbe Coppock: | 9.30 |
| MA7: | 0.008723 | |
| MA20: | 0.007547 | |
| MA50: | 0.008087 | |
| MA100: | 0.012115 | |
| MAexp7: | 0.007222 | |
| MAexp20: | 0.007086 | |
| MAexp50: | 0.007000 | |
| MAexp100: | 0.006934 | |
| Price / MA7: | -17.59% | |
| Price / MA20: | -4.74% | |
| Price / MA50: | -11.10% | |
| Price / MA100: | -40.66% | |
| Price / MAexp7: | -0.46% | |
| Price / MAexp20: | +1.45% | |
| Price / MAexp50: | +2.70% | |
| Price / MAexp100: | +3.68% |
This member declared not having a position on this financial instrument or a related financial instrument.
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