STELLAR - XLM/USD - 1H - Technical analysis published on 01/18/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
33%
39%
28%
My opinion
Bullish above 0.288022 USD
My targets
0.310386 USD (+2.96%)
0.332700 USD (+10.36%)
My analysis
A bullish trend on STELLAR - XLM/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 0.288022 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.310386 USD. Then the price could move towards 0.332700 USD. Be careful, a return below 0.288022 USD would be a sign of the trend weakening and a possible correction 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 could be riskier.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
4.1
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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 0.301476 USD. On the day, this instrument lost -0.67% and was between 0.293098 USD and 0.308938 USD. This implies that the price is at +2.86% from its lowest and at -2.42% from its highest.0.293098
0.308938
0.301476
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
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this 1H chart of STELLAR - XLM/USD indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
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.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.227846 | 0.260419 | 0.281300 | 0.301476 | 0.310386 | 0.332700 |
| Change (%) | -24.42% | -13.62% | -6.69% | - | +2.96% | +10.36% |
| Change | -0.073630 | -0.041057 | -0.020176 | - | +0.008910 | +0.031224 |
| Level | Minor | Major | Intermediate | - | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.254719 | 0.270577 | 0.287047 | 0.302905 | 0.319375 | 0.335233 | 0.351703 |
| Camarilla | 0.294626 | 0.297589 | 0.300553 | 0.303516 | 0.306479 | 0.309443 | 0.312406 |
| Woodie | 0.255024 | 0.270730 | 0.287352 | 0.303058 | 0.319680 | 0.335386 | 0.352008 |
| Fibonacci | 0.270577 | 0.282927 | 0.290556 | 0.302905 | 0.315255 | 0.322884 | 0.335233 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.111376 | 0.161164 | 0.226505 | 0.276293 | 0.341634 | 0.391422 | 0.456763 |
| Camarilla | 0.260187 | 0.270740 | 0.281294 | 0.291847 | 0.302401 | 0.312954 | 0.323508 |
| Woodie | 0.119154 | 0.165052 | 0.234283 | 0.280181 | 0.349412 | 0.395310 | 0.464541 |
| Fibonacci | 0.161164 | 0.205143 | 0.232313 | 0.276293 | 0.320272 | 0.347442 | 0.391422 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.011849 | 0.048415 | 0.088108 | 0.148372 | 0.188065 | 0.248329 | 0.288022 |
| Camarilla | 0.100312 | 0.109475 | 0.118637 | 0.127800 | 0.136963 | 0.146125 | 0.155288 |
| Woodie | -0.022136 | 0.043272 | 0.077822 | 0.143229 | 0.177779 | 0.243186 | 0.277736 |
| Fibonacci | 0.048415 | 0.086599 | 0.110189 | 0.148372 | 0.186556 | 0.210146 | 0.248329 |
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): | 50.45 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 4.252699 | |
| AROON (14): | -35.714287 | |
| DEMA (21): | 0.300625 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.308164 | |
| Elder Ray (13): | -0.003099 | |
| Super Trend (3,10): | 0.285926 | |
| Zig ZAG (10): | 0.298176 | |
| VORTEX (21): | 0.9518 | |
| Stochastique (14,3,5): | 35.11 | |
| TEMA (21): | 0.299636 | |
| Williams %R (14): | -54.34 | |
| Chande Momentum Oscillator (20): | -0.006025 | |
| Repulse (5,40,3): | 1.4262 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0174 | |
| Courbe Coppock: | 2.89 |
| MA7: | 0.295643 | |
| MA20: | 0.245116 | |
| MA50: | 0.198108 | |
| MA100: | 0.147079 | |
| MAexp7: | 0.300133 | |
| MAexp20: | 0.300343 | |
| MAexp50: | 0.298967 | |
| MAexp100: | 0.296473 | |
| Price / MA7: | +1.97% | |
| Price / MA20: | +22.99% | |
| Price / MA50: | +52.18% | |
| Price / MA100: | +104.98% | |
| Price / MAexp7: | +0.45% | |
| Price / MAexp20: | +0.38% | |
| Price / MAexp50: | +0.84% | |
| Price / MAexp100: | +1.69% |
Quotes :
2021-01-18 12:36:05
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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