STELLAR - XLM/USD - 1H - Technical analysis published on 06/09/2021 (GMT)
- 183
- 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
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
56%
0%
44%
My opinion
Bearish under 0.344954 USD
My targets
0.331367 USD (-2.61%)
0.322428 USD (-5.24%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on STELLAR - XLM/USD as long as the price remains well below 0.344954 USD. The next bearish objective for sellers is set at 0.331367 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.322428 USD. If there is any crossing, the next objective would be the support located at 0.310695 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
3.6
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
The STELLAR - XLM/USD price is 0.340249 USD. The price registered a decrease of -2.70% on the session and was between 0.324701 USD and 0.350490 USD. This implies that the price is at +4.79% from its lowest and at -2.92% from its highest.0.324701
0.350490
0.340249
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of STELLAR - XLM/USD in 1H shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by 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
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.276631 | 0.310695 | 0.322428 | 0.340249 | 0.344954 | 0.361862 | 0.374356 |
Change (%) | -18.70% | -8.69% | -5.24% | - | +1.38% | +6.35% | +10.02% |
Change | -0.063618 | -0.029554 | -0.017821 | - | +0.004705 | +0.021613 | +0.034107 |
Level | Minor | Intermediate | Minor | - | Minor | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.275468 | 0.293082 | 0.321389 | 0.339003 | 0.367310 | 0.384924 | 0.413231 |
Camarilla | 0.337069 | 0.341278 | 0.345488 | 0.349697 | 0.353906 | 0.358116 | 0.362325 |
Woodie | 0.280816 | 0.295755 | 0.326737 | 0.341676 | 0.372658 | 0.387597 | 0.418579 |
Fibonacci | 0.293082 | 0.310624 | 0.321461 | 0.339003 | 0.356545 | 0.367382 | 0.384924 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.228819 | 0.287636 | 0.331367 | 0.390184 | 0.433915 | 0.492732 | 0.536463 |
Camarilla | 0.346898 | 0.356299 | 0.365699 | 0.375099 | 0.384499 | 0.393900 | 0.403300 |
Woodie | 0.221277 | 0.283865 | 0.323825 | 0.386413 | 0.426373 | 0.488961 | 0.528921 |
Fibonacci | 0.287636 | 0.326809 | 0.351010 | 0.390184 | 0.429357 | 0.453558 | 0.492732 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -0.338338 | -0.032415 | 0.185292 | 0.491215 | 0.708922 | 1.014845 | 1.232552 |
Camarilla | 0.259002 | 0.307001 | 0.355001 | 0.403000 | 0.450999 | 0.498999 | 0.546998 |
Woodie | -0.382445 | -0.054469 | 0.141185 | 0.469161 | 0.664815 | 0.992791 | 1.188445 |
Fibonacci | -0.032415 | 0.167611 | 0.291188 | 0.491215 | 0.691241 | 0.814818 | 1.014845 |
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): | 52.27 | |
MACD (12,26,9): | -0.0006 | |
Directional Movement: | -3.893347 | |
AROON (14): | -28.571428 | |
DEMA (21): | 0.339199 | |
Parabolic SAR (0,02-0,02-0,2): | 0.325667 | |
Elder Ray (13): | 0.002374 | |
Super Trend (3,10): | 0.329217 | |
Zig ZAG (10): | 0.343899 | |
VORTEX (21): | 1.0351 | |
Stochastique (14,3,5): | 70.06 | |
TEMA (21): | 0.342234 | |
Williams %R (14): | -26.19 | |
Chande Momentum Oscillator (20): | 0.010745 | |
Repulse (5,40,3): | -0.2512 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0703 | |
Courbe Coppock: | 0.98 |
MA7: | 0.371741 | |
MA20: | 0.394339 | |
MA50: | 0.496965 | |
MA100: | 0.475414 | |
MAexp7: | 0.340813 | |
MAexp20: | 0.340735 | |
MAexp50: | 0.347228 | |
MAexp100: | 0.359463 | |
Price / MA7: | -8.47% | |
Price / MA20: | -13.72% | |
Price / MA50: | -31.53% | |
Price / MA100: | -28.43% | |
Price / MAexp7: | -0.13% | |
Price / MAexp20: | -0.11% | |
Price / MAexp50: | -1.97% | |
Price / MAexp100: | -5.31% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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