STELLAR - XLM/USD - 1H - Technical analysis published on 09/15/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.329695 USD
My targets
0.350387 USD (+3.95%)
0.361862 USD (+7.36%)
My analysis
STELLAR - XLM/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.329695 USD. The next resistance located at 0.350387 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.361862 USD. After this resistance, buyers could then target 0.421338 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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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 0.337068 USD. The price has increased by +1.84% since the last closing with the lowest point at 0.327492 USD and the highest point at 0.340089 USD. The deviation from the price is +2.92% for the low point and -0.89% for the high point.0.327492
0.340089
0.337068
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
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 strongly bullish. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 16 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.294671 | 0.310897 | 0.329695 | 0.337068 | 0.361862 | 0.421338 | 0.565479 |
| Change (%) | -12.58% | -7.76% | -2.19% | - | +7.36% | +25.00% | +67.76% |
| Change | -0.042397 | -0.026171 | -0.007373 | - | +0.024794 | +0.084270 | +0.228411 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.306529 | 0.311444 | 0.321214 | 0.326129 | 0.335899 | 0.340814 | 0.350584 |
| Camarilla | 0.326947 | 0.328293 | 0.329639 | 0.330985 | 0.332331 | 0.333677 | 0.335023 |
| Woodie | 0.308958 | 0.312658 | 0.323643 | 0.327343 | 0.338328 | 0.342028 | 0.353013 |
| Fibonacci | 0.311444 | 0.317053 | 0.320519 | 0.326129 | 0.331738 | 0.335204 | 0.340814 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.132571 | 0.213621 | 0.269337 | 0.350387 | 0.406103 | 0.487153 | 0.542869 |
| Camarilla | 0.287442 | 0.299979 | 0.312516 | 0.325053 | 0.337590 | 0.350127 | 0.362664 |
| Woodie | 0.119904 | 0.207288 | 0.256670 | 0.344054 | 0.393436 | 0.480820 | 0.530202 |
| Fibonacci | 0.213621 | 0.265866 | 0.298142 | 0.350387 | 0.402632 | 0.434908 | 0.487153 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.120858 | 0.192686 | 0.266127 | 0.337955 | 0.411396 | 0.483224 | 0.556665 |
| Camarilla | 0.299620 | 0.312936 | 0.326253 | 0.339569 | 0.352885 | 0.366202 | 0.379518 |
| Woodie | 0.121666 | 0.193089 | 0.266935 | 0.338358 | 0.412204 | 0.483627 | 0.557473 |
| Fibonacci | 0.192686 | 0.248178 | 0.282462 | 0.337955 | 0.393447 | 0.427731 | 0.483224 |
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): | 63.09 | |
| MACD (12,26,9): | 0.0031 | |
| Directional Movement: | 14.624584 | |
| AROON (14): | 71.428573 | |
| DEMA (21): | 0.333805 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.331871 | |
| Elder Ray (13): | 0.003054 | |
| Super Trend (3,10): | 0.325481 | |
| Zig ZAG (10): | 0.335481 | |
| VORTEX (21): | 1.2387 | |
| Stochastique (14,3,5): | 93.47 | |
| TEMA (21): | 0.336027 | |
| Williams %R (14): | -1.88 | |
| Chande Momentum Oscillator (20): | 0.008503 | |
| Repulse (5,40,3): | 1.4890 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1281 | |
| Courbe Coppock: | 4.78 |
| MA7: | 0.327852 | |
| MA20: | 0.347350 | |
| MA50: | 0.334336 | |
| MA100: | 0.302349 | |
| MAexp7: | 0.334157 | |
| MAexp20: | 0.329892 | |
| MAexp50: | 0.326473 | |
| MAexp100: | 0.327283 | |
| Price / MA7: | +2.81% | |
| Price / MA20: | -2.96% | |
| Price / MA50: | +0.82% | |
| Price / MA100: | +11.48% | |
| Price / MAexp7: | +0.87% | |
| Price / MAexp20: | +2.18% | |
| Price / MAexp50: | +3.25% | |
| Price / MAexp100: | +2.99% |
Quotes :
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Real time data
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