ZILLIQA - ZIL/USDT - Daily - Technical analysis published on 03/15/2022 (GMT)
- 295
- 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 : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 0.045127 USDT
My targets
0.038047 USDT (-3.46%)
0.031393 USDT (-20.34%)
My analysis
The bearish basic trend is very strong on ZILLIQA - ZIL/USDT but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.045127 USDT. Crossing the first support at 0.038047 USDT would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.031393 USDT as an objective. Crossing it would then enable sellers to target 0.026990 USDT. Caution, a return to above the resistance located at 0.045127 USDT would be a sign of a possible consolidation phase of 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 are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.9
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 finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ZILLIQA - ZIL/USDT price is 0.039410 USDT. The price is lower by -0.13% since the last closing with the lowest point at 0.038090 USDT and the highest point at 0.039740 USDT. The deviation from the price is +3.47% for the low point and -0.83% for the high point.0.038090
0.039740
0.039410
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
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 ZILLIQA - ZIL/USDT in Daily shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 7 are neutral and 7 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bearish harami
Type : Bearish
Timeframe : Daily
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.026990 | 0.038047 | 0.039410 | 0.053390 | 0.079970 | 0.091465 |
| Change (%) | -31.51% | -3.46% | - | +35.47% | +102.92% | +132.09% |
| Change | -0.012420 | -0.001363 | - | +0.013980 | +0.040560 | +0.052055 |
| Level | Intermediate | Major | - | Intermediate | Minor | Minor |
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 | 0.036737 | 0.037433 | 0.038447 | 0.039143 | 0.040157 | 0.040853 | 0.041867 |
| Camarilla | 0.038990 | 0.039147 | 0.039303 | 0.039460 | 0.039617 | 0.039774 | 0.039930 |
| Woodie | 0.036895 | 0.037513 | 0.038605 | 0.039223 | 0.040315 | 0.040933 | 0.042025 |
| Fibonacci | 0.037433 | 0.038087 | 0.038490 | 0.039143 | 0.039797 | 0.040200 | 0.040853 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.029270 | 0.032930 | 0.036740 | 0.040400 | 0.044210 | 0.047870 | 0.051680 |
| Camarilla | 0.038496 | 0.039181 | 0.039865 | 0.040550 | 0.041235 | 0.041920 | 0.042604 |
| Woodie | 0.029345 | 0.032968 | 0.036815 | 0.040438 | 0.044285 | 0.047908 | 0.051755 |
| Fibonacci | 0.032930 | 0.035784 | 0.037547 | 0.040400 | 0.043254 | 0.045017 | 0.047870 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005893 | 0.019627 | 0.031393 | 0.045127 | 0.056893 | 0.070627 | 0.082393 |
| Camarilla | 0.036148 | 0.038485 | 0.040823 | 0.043160 | 0.045498 | 0.047835 | 0.050173 |
| Woodie | 0.004910 | 0.019135 | 0.030410 | 0.044635 | 0.055910 | 0.070135 | 0.081410 |
| Fibonacci | 0.019627 | 0.029368 | 0.035386 | 0.045127 | 0.054868 | 0.060886 | 0.070627 |
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): | 43.37 | |
| MACD (12,26,9): | -0.0017 | |
| Directional Movement: | -8.444961 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.038524 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.044102 | |
| Elder Ray (13): | -0.001315 | |
| Super Trend (3,10): | 0.047208 | |
| Zig ZAG (10): | 0.039430 | |
| VORTEX (21): | 0.9962 | |
| Stochastique (14,3,5): | 30.24 | |
| TEMA (21): | 0.039235 | |
| Williams %R (14): | -64.11 | |
| Chande Momentum Oscillator (20): | -0.002630 | |
| Repulse (5,40,3): | -0.7520 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.6473 | |
| Courbe Coppock: | 6.12 |
| MA7: | 0.040307 | |
| MA20: | 0.040361 | |
| MA50: | 0.044638 | |
| MA100: | 0.054787 | |
| MAexp7: | 0.039772 | |
| MAexp20: | 0.041006 | |
| MAexp50: | 0.045953 | |
| MAexp100: | 0.055131 | |
| Price / MA7: | -2.23% | |
| Price / MA20: | -2.36% | |
| Price / MA50: | -11.71% | |
| Price / MA100: | -28.07% | |
| Price / MAexp7: | -0.91% | |
| Price / MAexp20: | -3.89% | |
| Price / MAexp50: | -14.24% | |
| Price / MAexp100: | -28.52% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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/USDT - Daily