STELLAR - XLM/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	XLMUSD
ISIN:

STELLAR - XLM/USD - Daily - Technical analysis published on 07/03/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Neutral

Technical indicators

39%

22%

My opinion

Bearish under 0.070913 USD

My targets

0.062859 USD (-6.59%)

0.056177 USD (-16.52%)

My analysis

The current short-term bearish acceleration registered on STELLAR - XLM/USD should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 0.070913 USD. Short-term sellers will use the support located at 0.062859 USD as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 0.056177 USD. Crossing this support would then open the door for sellers to target 0.043197 USD. Caution, if there is a return to below 0.070913 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

1.8

Comment on the analysis

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 AKOUSA. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The STELLAR - XLM/USD price is 0.067294 USD. The price registered a decrease of -0.01% on the session and was between 0.066511 USD and 0.068512 USD. This implies that the price is at +1.18% from its lowest and at -1.78% from its highest.

0.066511

0.068512

0.067294

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

Bullish opening

Type : Bullish

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 this Daily chart of STELLAR - XLM/USD indicates that the overall trend is not clearly defined. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Horizontal support is broken

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.043197	0.056177	0.062859	0.067294	0.070913	0.075412	0.086569
Change (%)	-35.81%	-16.52%	-6.59%	-	+5.38%	+12.06%	+28.64%
Change	-0.024097	-0.011117	-0.004435	-	+0.003619	+0.008118	+0.019275
Level	Intermediate	Minor	Major	-	Intermediate	Intermediate	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.061375	0.063938	0.065619	0.068182	0.069863	0.072426	0.074107
Camarilla	0.066134	0.066523	0.066912	0.067301	0.067690	0.068079	0.068468
Woodie	0.060935	0.063718	0.065179	0.067962	0.069423	0.072206	0.073667
Fibonacci	0.063938	0.065559	0.066561	0.068182	0.069803	0.070805	0.072426

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.043699	0.051400	0.057114	0.064815	0.070529	0.078230	0.083944
Camarilla	0.059140	0.060370	0.061599	0.062829	0.064059	0.065288	0.066518
Woodie	0.042707	0.050903	0.056122	0.064318	0.069537	0.077733	0.082952
Fibonacci	0.051400	0.056524	0.059690	0.064815	0.069939	0.073105	0.078230

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.028134	0.043617	0.055273	0.070756	0.082412	0.097895	0.109551
Camarilla	0.059466	0.061954	0.064441	0.066929	0.069417	0.071905	0.074392
Woodie	0.026221	0.042660	0.053360	0.069799	0.080499	0.096938	0.107638
Fibonacci	0.043617	0.053984	0.060389	0.070756	0.081123	0.087528	0.097895

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):	44.85
MACD (12,26,9):	-0.0015
Directional Movement:	-4.986103
AROON (14):	-14.285714
DEMA (21):	0.067101
Parabolic SAR (0,02-0,02-0,2):	0.070744
Elder Ray (13):	-0.000470
Super Trend (3,10):	0.075829
Zig ZAG (10):	0.067294
VORTEX (21):	0.9068
Stochastique (14,3,5):	61.48
TEMA (21):	0.065387
Williams %R (14):	-38.92
Chande Momentum Oscillator (20):	-0.001941
Repulse (5,40,3):	-0.2204
ROCnROLL:	2
TRIX (15,9):	-0.2851
Courbe Coppock:	11.41

MA7:	0.065926
MA20:	0.068957
MA50:	0.070880
MA100:	0.063248
MAexp7:	0.067218
MAexp20:	0.068877
MAexp50:	0.068986
MAexp100:	0.065927
Price / MA7:	+2.08%
Price / MA20:	-2.41%
Price / MA50:	-5.06%
Price / MA100:	+6.40%
Price / MAexp7:	+0.11%
Price / MAexp20:	-2.30%
Price / MAexp50:	-2.45%
Price / MAexp100:	+2.07%

Quotes : 2020-07-03 20:46:46 - Real time data - Cryptocompare

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

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