ZILLIQA - ZIL/USDT - 1H - Technical analysis published on 04/24/2023 (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
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
56%
33%
My opinion
Bearish under 0.032134 USDT
My targets
0.030454 USDT (-2.23%)
0.029040 USDT (-6.77%)
My analysis
The bearish trend is currently very strong for ZILLIQA - ZIL/USDT. As long as the price remains below the resistance at 0.032134 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.030454 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.029040 USDT as an objective. Crossing it would then enable sellers to target 0.026710 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
6.8
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This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ZILLIQA - ZIL/USDT rating is 0.031150 USDT. The price is lower by -3.32% since the last closing and was traded between 0.030880 USDT and 0.032810 USDT over the period. The price is currently at +0.87% from its lowest and -5.06% from its highest.0.030880
0.032810
0.031150
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
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of ZILLIQA - ZIL/USDT indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 10 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
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.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.026710 | 0.029040 | 0.030454 | 0.031150 | 0.031288 | 0.032134 | 0.033394 |
| Change (%) | -14.25% | -6.77% | -2.23% | - | +0.44% | +3.16% | +7.20% |
| Change | -0.004440 | -0.002110 | -0.000696 | - | +0.000138 | +0.000984 | +0.002244 |
| Level | Minor | Major | Minor | - | 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 | 0.025603 | 0.028507 | 0.030363 | 0.033267 | 0.035123 | 0.038027 | 0.039883 |
| Camarilla | 0.030911 | 0.031347 | 0.031784 | 0.032220 | 0.032656 | 0.033093 | 0.033529 |
| Woodie | 0.025080 | 0.028245 | 0.029840 | 0.033005 | 0.034600 | 0.037765 | 0.039360 |
| Fibonacci | 0.028507 | 0.030325 | 0.031448 | 0.033267 | 0.035085 | 0.036208 | 0.038027 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.024113 | 0.026707 | 0.030803 | 0.033397 | 0.037493 | 0.040087 | 0.044183 |
| Camarilla | 0.033060 | 0.033674 | 0.034287 | 0.034900 | 0.035513 | 0.036127 | 0.036740 |
| Woodie | 0.024865 | 0.027083 | 0.031555 | 0.033773 | 0.038245 | 0.040463 | 0.044935 |
| Fibonacci | 0.026707 | 0.029262 | 0.030841 | 0.033397 | 0.035952 | 0.037531 | 0.040087 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.015187 | 0.018273 | 0.023647 | 0.026733 | 0.032107 | 0.035193 | 0.040567 |
| Camarilla | 0.026694 | 0.027469 | 0.028245 | 0.029020 | 0.029796 | 0.030571 | 0.031347 |
| Woodie | 0.016330 | 0.018845 | 0.024790 | 0.027305 | 0.033250 | 0.035765 | 0.041710 |
| Fibonacci | 0.018273 | 0.021505 | 0.023502 | 0.026733 | 0.029965 | 0.031962 | 0.035193 |
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): | 27.90 | |
| MACD (12,26,9): | -0.0005 | |
| Directional Movement: | -7.979314 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.031272 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.032360 | |
| Elder Ray (13): | -0.000636 | |
| Super Trend (3,10): | 0.032429 | |
| Zig ZAG (10): | 0.030930 | |
| VORTEX (21): | 0.7922 | |
| Stochastique (14,3,5): | 4.90 | |
| TEMA (21): | 0.030896 | |
| Williams %R (14): | -94.30 | |
| Chande Momentum Oscillator (20): | -0.000790 | |
| Repulse (5,40,3): | -1.2120 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2069 | |
| Courbe Coppock: | 6.74 |
| MA7: | 0.032123 | |
| MA20: | 0.030800 | |
| MA50: | 0.028706 | |
| MA100: | 0.028630 | |
| MAexp7: | 0.031355 | |
| MAexp20: | 0.031941 | |
| MAexp50: | 0.032410 | |
| MAexp100: | 0.032391 | |
| Price / MA7: | -3.03% | |
| Price / MA20: | +1.14% | |
| Price / MA50: | +8.51% | |
| Price / MA100: | +8.80% | |
| Price / MAexp7: | -0.65% | |
| Price / MAexp20: | -2.48% | |
| Price / MAexp50: | -3.89% | |
| Price / MAexp100: | -3.83% |
Quotes :
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Real time data
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Cryptocompare
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