STELLAR - XLM/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
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Type:	Cryptocurrencies
Ticker:	XLMUSD
ISIN:

STELLAR - XLM/USD - Daily - Technical analysis published on 12/22/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Neutral

De fond: Bullish

Technical indicators

28%

39%

33%

My opinion

Bullish above 0.151312 USD

My targets

0.177800 USD (+12.76%)

0.194183 USD (+23.15%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.151312 USD remains possible. It is advisable to trade STELLAR - XLM/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.151312 USD. The next bullish objective for buyers is set at 0.177800 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.194183 USD. If there is any crossing, the next objective would be the resistance located at 0.206741 USD. PS: if there is a bearish break in the support located at 0.151312 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

2.1

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

Additional analysis

Quotes

The STELLAR - XLM/USD rating is 0.157684 USD. On the day, this instrument lost -4.48% with the lowest point at 0.156583 USD and the highest point at 0.166629 USD. The deviation from the price is +0.70% for the low point and -5.37% for the high point.

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

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

Technical

Technical analysis of this Daily chart of STELLAR - XLM/USD indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 6 are neutral and 7 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal support

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.099946	0.115279	0.151312	0.157684	0.177800	0.194183	0.206741
Change (%)	-36.62%	-26.89%	-4.04%	-	+12.76%	+23.15%	+31.11%
Change	-0.057738	-0.042405	-0.006372	-	+0.020116	+0.036499	+0.049057
Level	Minor	Minor	Intermediate	-	Intermediate	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	0.136677	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):	47.99
MACD (12,26,9):	0.0071
Directional Movement:	-0.536907
AROON (14):	57.142856
DEMA (21):	0.181065
Parabolic SAR (0,02-0,02-0,2):	0.153371
Elder Ray (13):	-0.010318
Super Trend (3,10):	0.150431
Zig ZAG (10):	0.159050
VORTEX (21):	0.9517
Stochastique (14,3,5):	40.17
TEMA (21):	0.174358
Williams %R (14):	-69.89
Chande Momentum Oscillator (20):	0.000029
Repulse (5,40,3):	-9.9872
ROCnROLL:	-1
TRIX (15,9):	1.0221
Courbe Coppock:	8.81

MA7:	0.178337
MA20:	0.170873
MA50:	0.139134
MA100:	0.107942
MAexp7:	0.171326
MAexp20:	0.169091
MAexp50:	0.147022
MAexp100:	0.124202
Price / MA7:	-11.58%
Price / MA20:	-7.72%
Price / MA50:	+13.33%
Price / MA100:	+46.08%
Price / MAexp7:	-7.96%
Price / MAexp20:	-6.75%
Price / MAexp50:	+7.25%
Price / MAexp100:	+26.96%

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.

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