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 - Daily - Technical analysis published on 07/23/2020 (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
67%
0%
33%
My opinion
Bullish above 0.095510 USD
My targets
0.104106 USD (+4.00%)
0.109551 USD (+9.44%)
My analysis
The bullish trend is currently very strong on STELLAR - XLM/USD. As long as the price remains above the support at 0.095510 USD, you could try to benefit from the boom. The first bullish objective is located at 0.104106 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.109551 USD as an objective. Crossing it would then enable buyers to target 0.181950 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.

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
8.2

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. 1H Weekly

Additional analysis

Quotes

STELLAR - XLM/USD rating 0.100103 USD. The price has increased by +2.73% since the last closing and was between 0.097242 USD and 0.101609 USD. This implies that the price is at +2.94% from its lowest and at -1.48% from its highest.

0.097242
0.101609
0.100103

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

Technical


Technical analysis of STELLAR - XLM/USD in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 12 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : Daily


Horizontal support is broken

Type : Bearish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.062848 0.086302 0.095510 0.100103 0.104106 0.181950 0.332700
Change (%) -37.22% -13.79% -4.59% - +4.00% +81.76% +232.36%
Change -0.037255 -0.013801 -0.004593 - +0.004003 +0.081847 +0.232597
Level Major Major Intermediate - Major Minor 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
Standard0.0911090.0925680.0950060.0964650.0989030.1003620.102800
Camarilla0.0963710.0967290.0970860.0974430.0978000.0981570.098515
Woodie0.0915980.0928130.0954950.0967100.0993920.1006070.103289
Fibonacci0.0925680.0940570.0949770.0964650.0979540.0988740.100362


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0666650.0761240.0885990.0980580.1105330.1199920.132467
Camarilla0.0950430.0970540.0990640.1010750.1030860.1050960.107107
Woodie0.0681740.0768780.0901080.0988120.1120420.1207460.133976
Fibonacci0.0761240.0845030.0896790.0980580.1064370.1116130.119992


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0281340.0436170.0552730.0707560.0824120.0978950.109551
Camarilla0.0594660.0619540.0644410.0669290.0694170.0719050.074392
Woodie0.0262210.0426600.0533600.0697990.0804990.0969380.107638
Fibonacci0.0436170.0539840.0603890.0707560.0811230.0875280.097895

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 66.84
MACD (12,26,9): 0.0069
Directional Movement: 20.123485
AROON (14): 50.000000
DEMA (21): 0.100011
Parabolic SAR (0,02-0,02-0,2): 0.094000
Elder Ray (13): 0.004589
Super Trend (3,10): 0.078566
Zig ZAG (10): 0.099676
VORTEX (21): 1.1904
Stochastique (14,3,5): 64.93
TEMA (21): 0.103138
Williams %R (14): -32.33
Chande Momentum Oscillator (20): 0.005030
Repulse (5,40,3): 2.2281
ROCnROLL: 1
TRIX (15,9): 1.2808
Courbe Coppock: 48.59
MA7: 0.099029
MA20: 0.090205
MA50: 0.079020
MA100: 0.072588
MAexp7: 0.097623
MAexp20: 0.091185
MAexp50: 0.081763
MAexp100: 0.074363
Price / MA7: +1.08%
Price / MA20: +10.97%
Price / MA50: +26.68%
Price / MA100: +37.91%
Price / MAexp7: +2.54%
Price / MAexp20: +9.78%
Price / MAexp50: +22.43%
Price / MAexp100: +34.61%

Quotes : 2020-07-23 15:49:24 - Real time data - Cryptocompare

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

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