STELLAR - XLM/USD
STELLAR - XLM/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: XLMUSD
ISIN:

STELLAR - XLM/USD - 1H - Technical analysis published on 04/03/2020 (GMT)

  • Who voted?
  • 164
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
39%
11%
50%
My opinion
Bullish above 0.041052 USD
My targets
0.042670 USD (+2.22%)
0.043207 USD (+3.50%)
My analysis
The bullish trend is currently very strong on STELLAR - XLM/USD. As long as the price remains above the support at 0.041052 USD, you could try to benefit from the boom. The first bullish objective is located at 0.042670 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.043207 USD as an objective. Crossing it would then enable buyers to target 0.062430 USD. 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.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The STELLAR - XLM/USD price is 0.041745 USD. On the day, this instrument gained +0.66% and was traded between 0.041110 USD and 0.042112 USD over the period. The price is currently at +1.54% from its lowest and -0.87% from its highest.

0.041110
0.042112
0.041745

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


A technical analysis in 1H of this STELLAR - XLM/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, only 7 technical indicators out of 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.039056 0.039963 0.041052 0.041745 0.042670 0.043207 0.062430
Change (%) -6.44% -4.27% -1.66% - +2.22% +3.50% +49.55%
Change -0.002689 -0.001782 -0.000693 - +0.000925 +0.001462 +0.020685
Level Minor Minor Major - Minor Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0382690.0393890.0404300.0415500.0425910.0437110.044752
Camarilla0.0408770.0410750.0412730.0414710.0416690.0418670.042065
Woodie0.0382300.0393690.0403910.0415300.0425520.0436910.044713
Fibonacci0.0393890.0402150.0407250.0415500.0423760.0428860.043711


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0290170.0326090.0362340.0398260.0434510.0470430.050668
Camarilla0.0378750.0385370.0391980.0398600.0405220.0411830.041845
Woodie0.0290350.0326170.0362520.0398340.0434690.0470510.050686
Fibonacci0.0326090.0353660.0370690.0398260.0425830.0442860.047043


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0116010.0072100.0240550.0428660.0597110.0785220.095367
Camarilla0.0310940.0343620.0376310.0408990.0441680.0474360.050704
Woodie-0.0125850.0067190.0230710.0423750.0587270.0780310.094383
Fibonacci0.0072100.0208310.0292460.0428660.0564870.0649020.078522

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): 54.13
MACD (12,26,9): 0.0002
Directional Movement: 2.678470
AROON (14): 42.857143
DEMA (21): 0.041984
Parabolic SAR (0,02-0,02-0,2): 0.042090
Elder Ray (13): 0.000058
Super Trend (3,10): 0.042415
Zig ZAG (10): 0.041746
VORTEX (21): 0.8778
Stochastique (14,3,5): 76.98
TEMA (21): 0.041992
Williams %R (14): -44.11
Chande Momentum Oscillator (20): 0.000293
Repulse (5,40,3): -1.2789
ROCnROLL: -1
TRIX (15,9): 0.0900
Courbe Coppock: 2.50
MA7: 0.040430
MA20: 0.039719
MA50: 0.052771
MA100: 0.055048
MAexp7: 0.041813
MAexp20: 0.041658
MAexp50: 0.041233
MAexp100: 0.040823
Price / MA7: +3.25%
Price / MA20: +5.10%
Price / MA50: -20.89%
Price / MA100: -24.17%
Price / MAexp7: -0.16%
Price / MAexp20: +0.21%
Price / MAexp50: +1.24%
Price / MAexp100: +2.26%

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

About author

Online

Overall rating :
15090
Number of analyses :
Followers :
0
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

no pic

Comments

0 comments on the analysis STELLAR - XLM/USD - 1H