STELLAR - XLM/USD - 1H - Technical analysis published on 08/28/2020 (GMT)
- Who voted?
- 185
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 0.099916 USD
My targets
0.090236 USD (-5.00%)
0.086302 USD (-9.14%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on STELLAR - XLM/USD. As long as you are under the resistance located at 0.099916 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.090236 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.086302 USD as an objective. Crossing it would then enable sellers to target 0.062928 USD. If the resistance 0.099916 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0
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:
Additional analysis
Quotes
STELLAR - XLM/USD rating 0.094984 USD. The price registered an increase of +1.26% on the session and was between 0.092700 USD and 0.095700 USD. This implies that the price is at +2.46% from its lowest and at -0.75% from its highest.0.092700
0.095700
0.094984
Here is a more detailed summary of the historical variations registered by STELLAR - XLM/USD:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of STELLAR - XLM/USD in 1H shows an overall bearish trend. The signals given by moving averages are 64.29% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 12 technical indicators on 18 studied are currently positioned 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
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
White hanging man / hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.062928 | 0.086302 | 0.090236 | 0.094984 | 0.095007 | 0.099916 | 0.102995 |
| Change (%) | -33.75% | -9.14% | -5.00% | - | +0.02% | +5.19% | +8.43% |
| Change | -0.032056 | -0.008682 | -0.004748 | - | +0.000023 | +0.004932 | +0.008011 |
| Level | Intermediate | Major | Intermediate | - | Minor | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.081311 | 0.085773 | 0.089786 | 0.094248 | 0.098261 | 0.102723 | 0.106736 |
| Camarilla | 0.091467 | 0.092244 | 0.093021 | 0.093798 | 0.094575 | 0.095352 | 0.096129 |
| Woodie | 0.081086 | 0.085661 | 0.089561 | 0.094136 | 0.098036 | 0.102611 | 0.106511 |
| Fibonacci | 0.085773 | 0.089011 | 0.091011 | 0.094248 | 0.097486 | 0.099486 | 0.102723 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.070951 | 0.083965 | 0.093153 | 0.106167 | 0.115355 | 0.128369 | 0.137557 |
| Camarilla | 0.096235 | 0.098270 | 0.100305 | 0.102340 | 0.104375 | 0.106410 | 0.108446 |
| Woodie | 0.069037 | 0.083009 | 0.091239 | 0.105211 | 0.113441 | 0.127413 | 0.135643 |
| Fibonacci | 0.083965 | 0.092447 | 0.097686 | 0.106167 | 0.114649 | 0.119888 | 0.128369 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.029636 | 0.047373 | 0.072041 | 0.089778 | 0.114446 | 0.132183 | 0.156851 |
| Camarilla | 0.085047 | 0.088934 | 0.092821 | 0.096708 | 0.100595 | 0.104482 | 0.108369 |
| Woodie | 0.033101 | 0.049106 | 0.075506 | 0.091511 | 0.117911 | 0.133916 | 0.160316 |
| Fibonacci | 0.047373 | 0.063572 | 0.073580 | 0.089778 | 0.105977 | 0.115985 | 0.132183 |
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): | 56.14 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -3.250469 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.094327 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.093152 | |
| Elder Ray (13): | 0.000939 | |
| Super Trend (3,10): | 0.095687 | |
| Zig ZAG (10): | 0.095365 | |
| VORTEX (21): | 1.1911 | |
| Stochastique (14,3,5): | 89.28 | |
| TEMA (21): | 0.094921 | |
| Williams %R (14): | -23.87 | |
| Chande Momentum Oscillator (20): | 0.001520 | |
| Repulse (5,40,3): | -0.0279 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0517 | |
| Courbe Coppock: | 3.77 |
| MA7: | 0.099049 | |
| MA20: | 0.103350 | |
| MA50: | 0.100746 | |
| MA100: | 0.086180 | |
| MAexp7: | 0.094804 | |
| MAexp20: | 0.094532 | |
| MAexp50: | 0.095455 | |
| MAexp100: | 0.097217 | |
| Price / MA7: | -4.10% | |
| Price / MA20: | -8.09% | |
| Price / MA50: | -5.72% | |
| Price / MA100: | +10.22% | |
| Price / MAexp7: | +0.19% | |
| Price / MAexp20: | +0.48% | |
| Price / MAexp50: | -0.49% | |
| Price / MAexp100: | -2.30% |
Quotes :
2020-08-28 12:57:39
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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
Comments
0 comments on the analysis STELLAR - XLM/USD - 1H