STELLAR - XLM/USDT - 1H - Technical analysis published on 12/30/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 0.046520 USDT
My targets
0.045250 USDT (-1.35%)
0.044480 USDT (-3.03%)
My analysis
The strong short-term decline of STELLAR - XLM/USDT reinforces the current slightly bearish trend. As long as the price remains below 0.046520 USDT, you could take advantage of this bearish acceleration. The first bearish objective is located at 0.045250 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.044480 USDT as an objective. Crossing it would then enable sellers to target 0.043650 USDT. A return to above 0.046520 USDT would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
3.4
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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 0.045870 USDT. The price is lower by -0.78% since the last closing and was between 0.045410 USDT and 0.047050 USDT. This implies that the price is at +1.01% from its lowest and at -2.51% from its highest.0.045410
0.047050
0.045870
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 STELLAR - XLM/USDT in 1H shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.044480 | 0.045250 | 0.045750 | 0.045870 | 0.046103 | 0.046520 | 0.046870 |
| Change (%) | -3.03% | -1.35% | -0.26% | - | +0.51% | +1.42% | +2.18% |
| Change | -0.001390 | -0.000620 | -0.000120 | - | +0.000233 | +0.000650 | +0.001000 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | 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 | 0.044897 | 0.045323 | 0.045777 | 0.046203 | 0.046657 | 0.047083 | 0.047537 |
| Camarilla | 0.045988 | 0.046069 | 0.046149 | 0.046230 | 0.046311 | 0.046391 | 0.046472 |
| Woodie | 0.044910 | 0.045330 | 0.045790 | 0.046210 | 0.046670 | 0.047090 | 0.047550 |
| Fibonacci | 0.045323 | 0.045660 | 0.045867 | 0.046203 | 0.046540 | 0.046747 | 0.047083 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.040117 | 0.041883 | 0.043887 | 0.045653 | 0.047657 | 0.049423 | 0.051427 |
| Camarilla | 0.044853 | 0.045199 | 0.045544 | 0.045890 | 0.046236 | 0.046581 | 0.046927 |
| Woodie | 0.040235 | 0.041943 | 0.044005 | 0.045713 | 0.047775 | 0.049483 | 0.051545 |
| Fibonacci | 0.041883 | 0.043324 | 0.044213 | 0.045653 | 0.047094 | 0.047983 | 0.049423 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 32.04 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -7.521288 | |
| AROON (14): | -64.285713 | |
| DEMA (21): | 0.046187 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.046980 | |
| Elder Ray (13): | -0.000554 | |
| Super Trend (3,10): | 0.046513 | |
| Zig ZAG (10): | 0.045560 | |
| VORTEX (21): | 0.8688 | |
| Stochastique (14,3,5): | 14.62 | |
| TEMA (21): | 0.046144 | |
| Williams %R (14): | -71.95 | |
| Chande Momentum Oscillator (20): | -0.000450 | |
| Repulse (5,40,3): | -0.3465 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0208 | |
| Courbe Coppock: | 0.26 |
| MA7: | 0.045426 | |
| MA20: | 0.047132 | |
| MA50: | 0.055957 | |
| MA100: | 0.060006 | |
| MAexp7: | 0.046243 | |
| MAexp20: | 0.046196 | |
| MAexp50: | 0.046099 | |
| MAexp100: | 0.045856 | |
| Price / MA7: | +0.98% | |
| Price / MA20: | -2.68% | |
| Price / MA50: | -18.03% | |
| Price / MA100: | -23.56% | |
| Price / MAexp7: | -0.81% | |
| Price / MAexp20: | -0.71% | |
| Price / MAexp50: | -0.50% | |
| Price / MAexp100: | +0.03% |
This member declared not having a position on this financial instrument or a related financial instrument.
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