STELLAR - XLM/USDT
STELLAR - XLM/USDT
- USDT (-)
- Real time data - Cryptocompare
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Type: Cryptocurrencies
Ticker: XLMUSDT
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STELLAR - XLM/USDT - Daily - Technical analysis published on 05/04/2020 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.065647 USDT
My targets
0.076710 USDT (+6.11%)
0.086410 USDT (+19.53%)
My analysis
The bullish trend is currently very strong on STELLAR - XLM/USDT. As long as the price remains above the support at 0.065647 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.076710 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.086410 USDT as an objective. Crossing it would then enable buyers to target 0.188067 USDT. 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.

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
8

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 hamham. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

STELLAR - XLM/USDT rating 0.072290 USDT. The price registered an increase of +0.40% on the session and was traded between 0.068870 USDT and 0.074080 USDT over the period. The price is currently at +4.97% from its lowest and -2.42% from its highest.

0.068870
0.074080
0.072290

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by STELLAR - XLM/USDT:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Abnormal volumes on STELLAR - XLM/USDT were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


Technical analysis of this Daily chart of STELLAR - XLM/USDT indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA50 & AMA100

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:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.041630 0.052020 0.065647 0.072290 0.076710 0.086410 0.188067
Change (%) -42.41% -28.04% -9.19% - +6.11% +19.53% +160.16%
Change -0.030660 -0.020270 -0.006643 - +0.004420 +0.014120 +0.115777
Level Major Minor Intermediate - Minor Major 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
Standard0.0566830.0617470.0668730.0719370.0770630.0821270.087253
Camarilla0.0691980.0701320.0710660.0720000.0729340.0738680.074802
Woodie0.0567150.0617630.0669050.0719530.0770950.0821430.087285
Fibonacci0.0617470.0656390.0680440.0719370.0758290.0782340.082127


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0358630.0439770.0582930.0664070.0807230.0888370.103153
Camarilla0.0664420.0684980.0705540.0726100.0746660.0767220.078778
Woodie0.0389650.0455280.0613950.0679580.0838250.0903880.106255
Fibonacci0.0439770.0525450.0578380.0664070.0749750.0802680.088837


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0032430.0211270.0377230.0556070.0722030.0900870.106683
Camarilla0.0448380.0479990.0511590.0543200.0574810.0606410.063802
Woodie0.0026000.0208050.0370800.0552850.0715600.0897650.106040
Fibonacci0.0211270.0342980.0424350.0556070.0687780.0769150.090087

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): 66.01
MACD (12,26,9): 0.0060
Directional Movement: 5.684408
AROON (14): 92.857140
DEMA (21): 0.068025
Parabolic SAR (0,02-0,02-0,2): 0.056996
Elder Ray (13): 0.007337
Super Trend (3,10): 0.050024
Zig ZAG (10): 0.072100
VORTEX (21): 1.1393
Stochastique (14,3,5): 85.77
TEMA (21): 0.072043
Williams %R (14): -17.75
Chande Momentum Oscillator (20): 0.017100
Repulse (5,40,3): 8.4448
ROCnROLL: 1
TRIX (15,9): 1.3714
Courbe Coppock: 67.07
MA7: 0.067360
MA20: 0.058638
MA50: 0.049099
MA100: 0.056026
MAexp7: 0.068093
MAexp20: 0.060753
MAexp50: 0.054988
MAexp100: 0.054459
Price / MA7: +7.32%
Price / MA20: +23.28%
Price / MA50: +47.23%
Price / MA100: +29.03%
Price / MAexp7: +6.16%
Price / MAexp20: +18.99%
Price / MAexp50: +31.47%
Price / MAexp100: +32.74%

This member declared not having a position on this financial instrument or a related financial instrument.

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