STELLAR - XLM/USDT - 1H - Technical analysis published on 12/18/2019 (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:
Slightly bearish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.046480 USDT
My targets
0.047030 USDT (+0.86%)
0.050213 USDT (+7.68%)
My analysis
The strong short-term increase in STELLAR - XLM/USDT calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 0.046480 USDT, you could consider taking advantage of the short-term movement. The first bullish objective is located at 0.047030 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.050213 USDT as an objective. Crossing it would then enable buyers to target 0.051982 USDT. Caution, a return under 0.046480 USDT could jeopardize the reversal.
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
2.7
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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 STELLAR - XLM/USDT rating is 0.046630 USDT. The price registered an increase of +7.77% on the session and was traded between 0.042170 USDT and 0.047270 USDT over the period. The price is currently at +10.58% from its lowest and -1.35% from its highest.0.042170
0.047270
0.046630
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of STELLAR - XLM/USDT indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, 14 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
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
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.011887 | 0.042150 | 0.044100 | 0.046630 | 0.047030 | 0.050213 | 0.051982 |
| Change (%) | -74.51% | -9.61% | -5.43% | - | +0.86% | +7.68% | +11.48% |
| Change | -0.034743 | -0.004480 | -0.002530 | - | +0.000400 | +0.003583 | +0.005352 |
| Level | Intermediate | Major | Minor | - | Minor | Intermediate | Intermediate |
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 | 0.036283 | 0.039217 | 0.041243 | 0.044177 | 0.046203 | 0.049137 | 0.051163 |
| Camarilla | 0.041906 | 0.042361 | 0.042815 | 0.043270 | 0.043725 | 0.044179 | 0.044634 |
| Woodie | 0.035830 | 0.038990 | 0.040790 | 0.043950 | 0.045750 | 0.048910 | 0.050710 |
| Fibonacci | 0.039217 | 0.041111 | 0.042282 | 0.044177 | 0.046071 | 0.047242 | 0.049137 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.042790 | 0.046480 | 0.048680 | 0.052370 | 0.054570 | 0.058260 | 0.060460 |
| Camarilla | 0.049260 | 0.049800 | 0.050340 | 0.050880 | 0.051420 | 0.051960 | 0.052500 |
| Woodie | 0.042045 | 0.046108 | 0.047935 | 0.051998 | 0.053825 | 0.057888 | 0.059715 |
| Fibonacci | 0.046480 | 0.048730 | 0.050120 | 0.052370 | 0.054620 | 0.056010 | 0.058260 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.011923 | 0.032427 | 0.044873 | 0.065377 | 0.077823 | 0.098327 | 0.110773 |
| Camarilla | 0.048259 | 0.051279 | 0.054300 | 0.057320 | 0.060340 | 0.063361 | 0.066381 |
| Woodie | 0.007895 | 0.030413 | 0.040845 | 0.063363 | 0.073795 | 0.096313 | 0.106745 |
| Fibonacci | 0.032427 | 0.045014 | 0.052790 | 0.065377 | 0.077964 | 0.085740 | 0.098327 |
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): | 62.12 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 8.460346 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.044934 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.042803 | |
| Elder Ray (13): | 0.001221 | |
| Super Trend (3,10): | 0.043537 | |
| Zig ZAG (10): | 0.046160 | |
| VORTEX (21): | 1.1406 | |
| Stochastique (14,3,5): | 88.41 | |
| TEMA (21): | 0.045646 | |
| Williams %R (14): | -8.15 | |
| Chande Momentum Oscillator (20): | 0.002420 | |
| Repulse (5,40,3): | 2.3456 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0472 | |
| Courbe Coppock: | 5.72 |
| MA7: | 0.049080 | |
| MA20: | 0.053248 | |
| MA50: | 0.062469 | |
| MA100: | 0.062321 | |
| MAexp7: | 0.045536 | |
| MAexp20: | 0.044841 | |
| MAexp50: | 0.045588 | |
| MAexp100: | 0.047286 | |
| Price / MA7: | -4.99% | |
| Price / MA20: | -12.43% | |
| Price / MA50: | -25.35% | |
| Price / MA100: | -25.18% | |
| Price / MAexp7: | +2.40% | |
| Price / MAexp20: | +3.99% | |
| Price / MAexp50: | +2.29% | |
| Price / MAexp100: | -1.39% |
This member declared not having a position on this financial instrument or a related financial instrument.
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