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 11/09/2020 (GMT)

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Timeframe : Daily
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Summary of the analysis

Trends

Court terme: Bearish

De fond: Bearish

Technical indicators

39%

33%

28%

My opinion

Bearish under 0.085030 USD

My targets

0.075356 USD (-5.14%)

0.067162 USD (-15.46%)

My analysis

There is a bearish trend on STELLAR - XLM/USD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 0.085030 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 0.075356 USD. Then the price could move towards 0.067162 USD. Then 0.062928 USD by extension. Be careful, a return to above the resistance 0.085030 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

3.8

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

Additional analysis

Quotes

STELLAR - XLM/USD rating 0.079442 USD. On the day, this instrument lost -3.07% and was traded between 0.078158 USD and 0.082201 USD over the period. The price is currently at +1.64% from its lowest and -3.36% from its highest.

0.078158

0.082201

0.079442

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

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 Daily of this STELLAR - XLM/USD chart shows a bearish trend. The signals given by moving averages are at 75.00% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

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.
Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

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:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Resistance of triangle is broken

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.062928	0.067162	0.075356	0.079442	0.085030	0.094134	0.103985
Change (%)	-20.79%	-15.46%	-5.14%	-	+7.03%	+18.49%	+30.89%
Change	-0.016514	-0.012280	-0.004086	-	+0.005588	+0.014692	+0.024543
Level	Intermediate	Minor	Minor	-	Major	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.075998	0.077514	0.079738	0.081254	0.083478	0.084994	0.087218
Camarilla	0.080933	0.081275	0.081618	0.081961	0.082304	0.082647	0.082990
Woodie	0.076351	0.077691	0.080091	0.081431	0.083831	0.085171	0.087571
Fibonacci	0.077514	0.078943	0.079826	0.081254	0.082683	0.083566	0.084994

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.059308	0.066004	0.072752	0.079448	0.086196	0.092892	0.099640
Camarilla	0.075803	0.077035	0.078268	0.079500	0.080732	0.081965	0.083197
Woodie	0.059334	0.066017	0.072778	0.079461	0.086222	0.092905	0.099666
Fibonacci	0.066004	0.071140	0.074312	0.079448	0.084584	0.087756	0.092892

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.049814	0.059409	0.068576	0.078171	0.087338	0.096933	0.106100
Camarilla	0.072582	0.074302	0.076022	0.077742	0.079462	0.081182	0.082902
Woodie	0.049599	0.059302	0.068361	0.078064	0.087123	0.096826	0.105885
Fibonacci	0.059409	0.066576	0.071004	0.078171	0.085338	0.089766	0.096933

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):	49.72
MACD (12,26,9):	0.0004
Directional Movement:	1.192228
AROON (14):	21.428574
DEMA (21):	0.080030
Parabolic SAR (0,02-0,02-0,2):	0.074713
Elder Ray (13):	0.000496
Super Trend (3,10):	0.072157
Zig ZAG (10):	0.079386
VORTEX (21):	0.9463
Stochastique (14,3,5):	56.32
TEMA (21):	0.080295
Williams %R (14):	-49.67
Chande Momentum Oscillator (20):	0.000999
Repulse (5,40,3):	-1.0151
ROCnROLL:	2
TRIX (15,9):	0.0967
Courbe Coppock:	6.33

MA7:	0.079221
MA20:	0.080500
MA50:	0.076798
MA100:	0.085496
MAexp7:	0.079695
MAexp20:	0.079464
MAexp50:	0.079687
MAexp100:	0.080824
Price / MA7:	+0.28%
Price / MA20:	-1.31%
Price / MA50:	+3.44%
Price / MA100:	-7.08%
Price / MAexp7:	-0.32%
Price / MAexp20:	-0.03%
Price / MAexp50:	-0.31%
Price / MAexp100:	-1.71%

Quotes : 2020-11-09 16:46:12 - Real time data - Cryptocompare

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

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