STELLAR - XLM/USD - 1H - Technical analysis published on 07/29/2021 (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
Short term:
Bullish
Underlying:
Bullish
Technical indicators
39%
28%
33%
My opinion
Bullish above 0.265371 USD
My targets
0.283559 USD (+4.29%)
0.326014 USD (+19.91%)
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 0.265371 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.283559 USD. Then the price could move towards 0.326014 USD. Then 0.361862 USD by extension. Be careful, a return below 0.265371 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, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
4.3
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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 price is 0.271892 USD. The price registered an increase of +0.67% on the session and was between 0.262152 USD and 0.272099 USD. This implies that the price is at +3.72% from its lowest and at -0.08% from its highest.0.262152
0.272099
0.271892
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:
Technical
Technical analysis of this 1H chart of STELLAR - XLM/USD indicates that the overall trend is bullish. The signals given by moving averages are 78.57% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of 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 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 7 are bullish, 6 are neutral and 5 are bearish. The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.229569 | 0.253941 | 0.265371 | 0.271892 | 0.272095 | 0.283559 | 0.361862 |
| Change (%) | -15.57% | -6.60% | -2.40% | - | +0.07% | +4.29% | +33.09% |
| Change | -0.042323 | -0.017951 | -0.006521 | - | +0.000203 | +0.011667 | +0.089970 |
| Level | Minor | Major | 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 | 0.235686 | 0.247099 | 0.258589 | 0.270002 | 0.281492 | 0.292905 | 0.304395 |
| Camarilla | 0.263780 | 0.265879 | 0.267979 | 0.270078 | 0.272177 | 0.274277 | 0.276376 |
| Woodie | 0.235724 | 0.247118 | 0.258627 | 0.270021 | 0.281530 | 0.292924 | 0.304433 |
| Fibonacci | 0.247099 | 0.255848 | 0.261253 | 0.270002 | 0.278751 | 0.284156 | 0.292905 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.140238 | 0.169620 | 0.218435 | 0.247817 | 0.296632 | 0.326014 | 0.374829 |
| Camarilla | 0.245745 | 0.252913 | 0.260081 | 0.267249 | 0.274417 | 0.281585 | 0.288753 |
| Woodie | 0.149954 | 0.174478 | 0.228151 | 0.252675 | 0.306348 | 0.330872 | 0.384545 |
| Fibonacci | 0.169620 | 0.199492 | 0.217946 | 0.247817 | 0.277689 | 0.296143 | 0.326014 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.032288 | 0.115744 | 0.199652 | 0.283108 | 0.367016 | 0.450472 | 0.534380 |
| Camarilla | 0.237534 | 0.252876 | 0.268217 | 0.283559 | 0.298901 | 0.314242 | 0.329584 |
| Woodie | 0.032513 | 0.115857 | 0.199877 | 0.283221 | 0.367241 | 0.450585 | 0.534605 |
| Fibonacci | 0.115744 | 0.179677 | 0.219175 | 0.283108 | 0.347041 | 0.386539 | 0.450472 |
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): | 47.14 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | -7.302023 | |
| AROON (14): | -50.000000 | |
| DEMA (21): | 0.266768 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.269010 | |
| Elder Ray (13): | -0.000951 | |
| Super Trend (3,10): | 0.260696 | |
| Zig ZAG (10): | 0.265944 | |
| VORTEX (21): | 0.9119 | |
| Stochastique (14,3,5): | 43.60 | |
| TEMA (21): | 0.266024 | |
| Williams %R (14): | -46.07 | |
| Chande Momentum Oscillator (20): | -0.000766 | |
| Repulse (5,40,3): | 0.5434 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0054 | |
| Courbe Coppock: | 2.37 |
| MA7: | 0.265494 | |
| MA20: | 0.245678 | |
| MA50: | 0.266781 | |
| MA100: | 0.382149 | |
| MAexp7: | 0.266500 | |
| MAexp20: | 0.267014 | |
| MAexp50: | 0.266570 | |
| MAexp100: | 0.264537 | |
| Price / MA7: | +2.41% | |
| Price / MA20: | +10.67% | |
| Price / MA50: | +1.92% | |
| Price / MA100: | -28.85% | |
| Price / MAexp7: | +2.02% | |
| Price / MAexp20: | +1.83% | |
| Price / MAexp50: | +2.00% | |
| Price / MAexp100: | +2.78% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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