STELLAR - XLM/USD
STELLAR - XLM/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: XLMUSD
ISIN:

STELLAR - XLM/USD - 1H - Technical analysis published on 06/09/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

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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:
15 min. Daily Weekly

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.

Central Gaps

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:

Central Indicators

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:

Central Indicators

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

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:

Central Patterns

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


S3S2S1PriceR1R2R3
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
Standard0.2754680.2930820.3213890.3390030.3673100.3849240.413231
Camarilla0.3370690.3412780.3454880.3496970.3539060.3581160.362325
Woodie0.2808160.2957550.3267370.3416760.3726580.3875970.418579
Fibonacci0.2930820.3106240.3214610.3390030.3565450.3673820.384924


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2288190.2876360.3313670.3901840.4339150.4927320.536463
Camarilla0.3468980.3562990.3656990.3750990.3844990.3939000.403300
Woodie0.2212770.2838650.3238250.3864130.4263730.4889610.528921
Fibonacci0.2876360.3268090.3510100.3901840.4293570.4535580.492732


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.338338-0.0324150.1852920.4912150.7089221.0148451.232552
Camarilla0.2590020.3070010.3550010.4030000.4509990.4989990.546998
Woodie-0.382445-0.0544690.1411850.4691610.6648150.9927911.188445
Fibonacci-0.0324150.1676110.2911880.4912150.6912410.8148181.014845

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.

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