STELLAR - XLM/USD - 1H - Technical analysis published on 10/22/2021 (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 bearish
Underlying:
Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 0.381630 USD
My targets
0.361862 USD (-3.36%)
0.350977 USD (-6.27%)
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 0.381630 USD. The sellers' bearish objective is set at 0.361862 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.350977 USD. In case of crossing, the next objective would be the support located at 0.256721 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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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 0.374457 USD. The price registered an increase of +0.36% on the session and was traded between 0.368105 USD and 0.380382 USD over the period. The price is currently at +1.73% from its lowest and -1.56% from its highest.0.368105
0.380382
0.374457
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
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
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 3 are neutral and 10 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance 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 | 0.350977 | 0.361862 | 0.372393 | 0.374457 | 0.381630 | 0.397630 | 0.423764 |
| Change (%) | -6.27% | -3.36% | -0.55% | - | +1.92% | +6.19% | +13.17% |
| Change | -0.023480 | -0.012595 | -0.002064 | - | +0.007173 | +0.023173 | +0.049307 |
| Level | Minor | Major | Intermediate | - | Minor | 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 | 0.338722 | 0.355469 | 0.364285 | 0.381032 | 0.389848 | 0.406595 | 0.415411 |
| Camarilla | 0.366071 | 0.368415 | 0.370758 | 0.373101 | 0.375444 | 0.377788 | 0.380131 |
| Woodie | 0.334757 | 0.353486 | 0.360320 | 0.379049 | 0.385883 | 0.404612 | 0.411446 |
| Fibonacci | 0.355469 | 0.365234 | 0.371267 | 0.381032 | 0.390797 | 0.396830 | 0.406595 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.238870 | 0.279761 | 0.337985 | 0.378876 | 0.437100 | 0.477991 | 0.536215 |
| Camarilla | 0.368953 | 0.378039 | 0.387125 | 0.396210 | 0.405296 | 0.414381 | 0.423467 |
| Woodie | 0.247538 | 0.284094 | 0.346653 | 0.383209 | 0.445768 | 0.482324 | 0.544883 |
| Fibonacci | 0.279761 | 0.317623 | 0.341014 | 0.378876 | 0.416738 | 0.440129 | 0.477991 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.035864 | 0.145499 | 0.212168 | 0.321803 | 0.388472 | 0.498107 | 0.564776 |
| Camarilla | 0.230354 | 0.246516 | 0.262677 | 0.278838 | 0.294999 | 0.311160 | 0.327322 |
| Woodie | 0.014382 | 0.134758 | 0.190686 | 0.311062 | 0.366990 | 0.487366 | 0.543294 |
| Fibonacci | 0.145499 | 0.212847 | 0.254455 | 0.321803 | 0.389151 | 0.430759 | 0.498107 |
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): | 39.08 | |
| MACD (12,26,9): | -0.0014 | |
| Directional Movement: | -19.152473 | |
| AROON (14): | -7.142860 | |
| DEMA (21): | 0.375301 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.380382 | |
| Elder Ray (13): | -0.003070 | |
| Super Trend (3,10): | 0.383660 | |
| Zig ZAG (10): | 0.374212 | |
| VORTEX (21): | 0.9890 | |
| Stochastique (14,3,5): | 40.66 | |
| TEMA (21): | 0.374565 | |
| Williams %R (14): | -96.55 | |
| Chande Momentum Oscillator (20): | -0.008621 | |
| Repulse (5,40,3): | -2.7498 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0664 | |
| Courbe Coppock: | 0.20 |
| MA7: | 0.380968 | |
| MA20: | 0.355391 | |
| MA50: | 0.331623 | |
| MA100: | 0.319564 | |
| MAexp7: | 0.375734 | |
| MAexp20: | 0.377834 | |
| MAexp50: | 0.379760 | |
| MAexp100: | 0.379819 | |
| Price / MA7: | -1.71% | |
| Price / MA20: | +5.36% | |
| Price / MA50: | +12.92% | |
| Price / MA100: | +17.18% | |
| Price / MAexp7: | -0.34% | |
| Price / MAexp20: | -0.89% | |
| Price / MAexp50: | -1.40% | |
| Price / MAexp100: | -1.41% |
Quotes :
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Real time data
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