STELLAR - XLM/USD - 1H - Technical analysis published on 02/24/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bearish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.415643 USD
My targets
0.439774 USD (+4.46%)
0.485528 USD (+15.32%)
My analysis
The strong short-term increase in STELLAR - XLM/USD calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 0.415643 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 0.439774 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.485528 USD as an objective. Crossing it would then enable buyers to target 0.515975 USD. Caution, a return under 0.415643 USD could jeopardize the reversal.
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
2.5
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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
The STELLAR - XLM/USD rating is 0.421016 USD. The price registered an increase of +8.75% on the session and was traded between 0.368132 USD and 0.424661 USD over the period. The price is currently at +14.37% from its lowest and -0.86% from its highest.0.368132
0.424661
0.421016
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by STELLAR - XLM/USD:
Technical
A technical analysis in 1H of this STELLAR - XLM/USD chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.332700 | 0.350000 | 0.367524 | 0.421016 | 0.485528 | 0.515975 | 0.532365 |
| Change (%) | -20.98% | -16.87% | -12.71% | - | +15.32% | +22.55% | +26.45% |
| Change | -0.088316 | -0.071016 | -0.053492 | - | +0.064512 | +0.094959 | +0.111349 |
| Level | Major | Minor | Minor | - | Intermediate | Minor | Intermediate |
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 | 0.168149 | 0.242574 | 0.314852 | 0.389277 | 0.461555 | 0.535980 | 0.608258 |
| Camarilla | 0.346786 | 0.360233 | 0.373681 | 0.387129 | 0.400577 | 0.414025 | 0.427472 |
| Woodie | 0.167075 | 0.242037 | 0.313778 | 0.388740 | 0.460481 | 0.535443 | 0.607184 |
| Fibonacci | 0.242574 | 0.298615 | 0.333237 | 0.389277 | 0.445318 | 0.479940 | 0.535980 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.263477 | 0.344940 | 0.415643 | 0.497106 | 0.567809 | 0.649272 | 0.719975 |
| Camarilla | 0.444501 | 0.458450 | 0.472399 | 0.486347 | 0.500296 | 0.514244 | 0.528193 |
| Woodie | 0.258098 | 0.342250 | 0.410264 | 0.494416 | 0.562430 | 0.646582 | 0.714596 |
| Fibonacci | 0.344940 | 0.403067 | 0.438978 | 0.497106 | 0.555233 | 0.591144 | 0.649272 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.141740 | -0.008748 | 0.149017 | 0.282009 | 0.439774 | 0.572766 | 0.730531 |
| Camarilla | 0.226825 | 0.253478 | 0.280130 | 0.306783 | 0.333436 | 0.360088 | 0.386741 |
| Woodie | -0.129353 | -0.002555 | 0.161405 | 0.288202 | 0.452162 | 0.578959 | 0.742919 |
| Fibonacci | -0.008748 | 0.102321 | 0.170940 | 0.282009 | 0.393078 | 0.461697 | 0.572766 |
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): | 58.23 | |
| MACD (12,26,9): | 0.0028 | |
| Directional Movement: | -6.604128 | |
| AROON (14): | 64.285717 | |
| DEMA (21): | 0.403144 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.384903 | |
| Elder Ray (13): | 0.011262 | |
| Super Trend (3,10): | 0.429795 | |
| Zig ZAG (10): | 0.420557 | |
| VORTEX (21): | 1.1996 | |
| Stochastique (14,3,5): | 90.60 | |
| TEMA (21): | 0.418352 | |
| Williams %R (14): | -4.88 | |
| Chande Momentum Oscillator (20): | 0.035182 | |
| Repulse (5,40,3): | 1.6854 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1462 | |
| Courbe Coppock: | 21.31 |
| MA7: | 0.466303 | |
| MA20: | 0.457039 | |
| MA50: | 0.360298 | |
| MA100: | 0.258732 | |
| MAexp7: | 0.413551 | |
| MAexp20: | 0.403836 | |
| MAexp50: | 0.418413 | |
| MAexp100: | 0.443829 | |
| Price / MA7: | -9.71% | |
| Price / MA20: | -7.88% | |
| Price / MA50: | +16.85% | |
| Price / MA100: | +62.72% | |
| Price / MAexp7: | +1.81% | |
| Price / MAexp20: | +4.25% | |
| Price / MAexp50: | +0.62% | |
| Price / MAexp100: | -5.14% |
Quotes :
2021-02-24 08:36:38
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Real time data
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