STELLAR - XLM/USD - 1H - Technical analysis published on 10/05/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.072141 USD
My targets
0.074505 USD (+1.10%)
0.075375 USD (+2.28%)
My analysis
STELLAR - XLM/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.072141 USD. The next resistance located at 0.074505 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.075375 USD. After this resistance, buyers could then target 0.076268 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
7.5
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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
STELLAR - XLM/USD rating 0.073696 USD. The price has increased by +1.13% since the last closing and was traded between 0.072418 USD and 0.074000 USD over the period. The price is currently at +1.76% from its lowest and -0.41% from its highest.0.072418
0.074000
0.073696
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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
A technical analysis in 1H of this STELLAR - XLM/USD chart shows a strongly bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : AMA50 & AMA100
Type : Bullish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.070191 | 0.071291 | 0.072141 | 0.073696 | 0.074505 | 0.075375 | 0.076268 |
| Change (%) | -4.76% | -3.26% | -2.11% | - | +1.10% | +2.28% | +3.49% |
| Change | -0.003505 | -0.002405 | -0.001555 | - | +0.000809 | +0.001679 | +0.002572 |
| Level | Minor | Intermediate | Minor | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.068114 | 0.069284 | 0.071078 | 0.072248 | 0.074042 | 0.075212 | 0.077006 |
| Camarilla | 0.072056 | 0.072328 | 0.072599 | 0.072871 | 0.073143 | 0.073414 | 0.073686 |
| Woodie | 0.068425 | 0.069440 | 0.071389 | 0.072404 | 0.074353 | 0.075368 | 0.077317 |
| Fibonacci | 0.069284 | 0.070417 | 0.071116 | 0.072248 | 0.073381 | 0.074080 | 0.075212 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.060630 | 0.064818 | 0.067890 | 0.072078 | 0.075150 | 0.079338 | 0.082410 |
| Camarilla | 0.068967 | 0.069632 | 0.070298 | 0.070963 | 0.071629 | 0.072294 | 0.072960 |
| Woodie | 0.060073 | 0.064539 | 0.067333 | 0.071799 | 0.074593 | 0.079059 | 0.081853 |
| Fibonacci | 0.064818 | 0.067591 | 0.069304 | 0.072078 | 0.074851 | 0.076564 | 0.079338 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.025938 | 0.046375 | 0.060227 | 0.080664 | 0.094516 | 0.114953 | 0.128805 |
| Camarilla | 0.064651 | 0.067794 | 0.070937 | 0.074080 | 0.077223 | 0.080366 | 0.083510 |
| Woodie | 0.022647 | 0.044729 | 0.056936 | 0.079018 | 0.091225 | 0.113307 | 0.125514 |
| Fibonacci | 0.046375 | 0.059473 | 0.067565 | 0.080664 | 0.093762 | 0.101854 | 0.114953 |
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): | 63.65 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 21.082876 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.073549 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.072523 | |
| Elder Ray (13): | 0.000354 | |
| Super Trend (3,10): | 0.072470 | |
| Zig ZAG (10): | 0.073667 | |
| VORTEX (21): | 0.9738 | |
| Stochastique (14,3,5): | 81.07 | |
| TEMA (21): | 0.073615 | |
| Williams %R (14): | -8.45 | |
| Chande Momentum Oscillator (20): | 0.000580 | |
| Repulse (5,40,3): | 0.3999 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0702 | |
| Courbe Coppock: | 0.50 |
| MA7: | 0.073301 | |
| MA20: | 0.073786 | |
| MA50: | 0.084194 | |
| MA100: | 0.088742 | |
| MAexp7: | 0.073329 | |
| MAexp20: | 0.073027 | |
| MAexp50: | 0.072490 | |
| MAexp100: | 0.072364 | |
| Price / MA7: | +0.54% | |
| Price / MA20: | -0.12% | |
| Price / MA50: | -12.47% | |
| Price / MA100: | -16.95% | |
| Price / MAexp7: | +0.50% | |
| Price / MAexp20: | +0.92% | |
| Price / MAexp50: | +1.66% | |
| Price / MAexp100: | +1.84% |
Quotes :
2020-10-05 17:40:09
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Real time data
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