STELLAR - XLM/USD - 1H - Technical analysis published on 12/22/2020 (GMT)
- 142
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 0.159801 USD
My targets
0.151312 USD (-4.04%)
0.129234 USD (-18.04%)
My analysis
The bearish trend is currently very strong for STELLAR - XLM/USD. As long as the price remains below the resistance at 0.159801 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.151312 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.129234 USD as an objective. Crossing it would then enable sellers to target 0.115279 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.3
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
STELLAR - XLM/USD rating 0.157684 USD. The price is lower by -4.48% since the last closing and was between 0.156583 USD and 0.166629 USD. This implies that the price is at +0.70% from its lowest and at -5.37% from its highest.0.156583
0.166629
0.157684
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by STELLAR - XLM/USD:
Technical
Technical analysis of STELLAR - XLM/USD in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong 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.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
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 | 0.099946 | 0.115279 | 0.151312 | 0.157684 | 0.159801 | 0.167758 | 0.177800 |
| Change (%) | -36.62% | -26.89% | -4.04% | - | +1.34% | +6.39% | +12.76% |
| Change | -0.057738 | -0.042405 | -0.006372 | - | +0.002117 | +0.010074 | +0.020116 |
| Level | Minor | Minor | Intermediate | - | 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 | 0.136677 | 0.148338 | 0.156711 | 0.168372 | 0.176745 | 0.188406 | 0.196779 |
| Camarilla | 0.159574 | 0.161410 | 0.163247 | 0.165083 | 0.166919 | 0.168756 | 0.170592 |
| Woodie | 0.135032 | 0.147516 | 0.155066 | 0.167550 | 0.175100 | 0.187584 | 0.195134 |
| Fibonacci | 0.148338 | 0.155991 | 0.160719 | 0.168372 | 0.176025 | 0.180753 | 0.188406 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.102669 | 0.129234 | 0.155506 | 0.182071 | 0.208343 | 0.234908 | 0.261180 |
| Camarilla | 0.167247 | 0.172090 | 0.176934 | 0.181777 | 0.186620 | 0.191464 | 0.196307 |
| Woodie | 0.102522 | 0.129161 | 0.155359 | 0.181998 | 0.208196 | 0.234835 | 0.261033 |
| Fibonacci | 0.129234 | 0.149418 | 0.161888 | 0.182071 | 0.202255 | 0.214725 | 0.234908 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.053430 | 0.009635 | 0.105716 | 0.168781 | 0.264862 | 0.327927 | 0.424008 |
| Camarilla | 0.158032 | 0.172620 | 0.187209 | 0.201797 | 0.216385 | 0.230974 | 0.245562 |
| Woodie | -0.036922 | 0.017889 | 0.122224 | 0.177035 | 0.281370 | 0.336181 | 0.440516 |
| Fibonacci | 0.009635 | 0.070429 | 0.107987 | 0.168781 | 0.229575 | 0.267133 | 0.327927 |
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): | 36.15 | |
| MACD (12,26,9): | -0.0032 | |
| Directional Movement: | -30.252018 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.160108 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.166698 | |
| Elder Ray (13): | -0.004701 | |
| Super Trend (3,10): | 0.167456 | |
| Zig ZAG (10): | 0.159050 | |
| VORTEX (21): | 0.8807 | |
| Stochastique (14,3,5): | 33.14 | |
| TEMA (21): | 0.160001 | |
| Williams %R (14): | -67.18 | |
| Chande Momentum Oscillator (20): | -0.003781 | |
| Repulse (5,40,3): | 0.3611 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2729 | |
| Courbe Coppock: | 4.61 |
| MA7: | 0.178337 | |
| MA20: | 0.170873 | |
| MA50: | 0.139134 | |
| MA100: | 0.107942 | |
| MAexp7: | 0.160862 | |
| MAexp20: | 0.164560 | |
| MAexp50: | 0.170073 | |
| MAexp100: | 0.173947 | |
| Price / MA7: | -11.58% | |
| Price / MA20: | -7.72% | |
| Price / MA50: | +13.33% | |
| Price / MA100: | +46.08% | |
| Price / MAexp7: | -1.98% | |
| Price / MAexp20: | -4.18% | |
| Price / MAexp50: | -7.28% | |
| Price / MAexp100: | -9.35% |
Quotes :
2020-12-22 07:39:37
-
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