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 - Daily - Technical analysis published on 01/06/2022 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bearish
Underlying: Bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 0.300483 USD
My targets
0.256194 USD (-4.48%)
0.211171 USD (-21.26%)
My analysis
There is a bearish trend on STELLAR - XLM/USD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 0.300483 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 0.256194 USD. Then the price could move towards 0.211171 USD. Then 0.084982 USD by extension. Be careful, a return to above the resistance 0.300483 USD would be a sign of a weakening of the trend and a possible rebound 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 is perhaps more risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
5.5

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. 1H Weekly

Additional analysis

Quotes

STELLAR - XLM/USD rating 0.268197 USD. The price has increased by +0.72% since the last closing and was between 0.258206 USD and 0.270799 USD. This implies that the price is at +3.87% from its lowest and at -0.96% from its highest.

0.258206
0.270799
0.268197

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.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of STELLAR - XLM/USD indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. The Central Indicators scanner found no further results concerning independent technical indicators.

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.084982 0.211171 0.256194 0.268197 0.300483 0.340777 0.396041
Change (%) -68.31% -21.26% -4.48% - +12.04% +27.06% +47.67%
Change -0.183215 -0.057026 -0.012003 - +0.032286 +0.072580 +0.127844
Level Minor Minor Major - Minor Minor Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2095510.2322550.2492740.2719780.2889970.3117010.328720
Camarilla0.2553680.2590100.2626510.2662920.2699330.2735750.277216
Woodie0.2067080.2308340.2464310.2705570.2861540.3102800.325877
Fibonacci0.2322550.2474300.2568040.2719780.2871530.2965270.311701


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2082710.2337560.2552780.2807630.3022850.3277700.349292
Camarilla0.2638730.2681820.2724910.2768000.2811090.2854180.289727
Woodie0.2062900.2327650.2532970.2797720.3003040.3267790.347311
Fibonacci0.2337560.2517130.2628060.2807630.2987200.3098130.327770


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1034630.1750570.2208340.2924280.3382050.4097990.455576
Camarilla0.2343330.2450920.2558510.2666100.2773690.2881280.298887
Woodie0.0905540.1686030.2079250.2859740.3252960.4033450.442667
Fibonacci0.1750570.2198930.2475930.2924280.3372640.3649640.409799

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): 44.89
MACD (12,26,9): -0.0043
Directional Movement: -9.400753
AROON (14): -64.285712
DEMA (21): 0.270617
Parabolic SAR (0,02-0,02-0,2): 0.294823
Elder Ray (13): -0.011980
Super Trend (3,10): 0.318571
Zig ZAG (10): 0.268732
VORTEX (21): 1.0040
Stochastique (14,3,5): 30.80
TEMA (21): 0.276955
Williams %R (14): -72.55
Chande Momentum Oscillator (20): -0.021065
Repulse (5,40,3): -3.0820
ROCnROLL: 2
TRIX (15,9): -0.2762
Courbe Coppock: 3.42
MA7: 0.277454
MA20: 0.275040
MA50: 0.294418
MA100: 0.326273
MAexp7: 0.275731
MAexp20: 0.277935
MAexp50: 0.293815
MAexp100: 0.311396
Price / MA7: -3.34%
Price / MA20: -2.49%
Price / MA50: -8.91%
Price / MA100: -17.80%
Price / MAexp7: -2.83%
Price / MAexp20: -3.60%
Price / MAexp50: -8.81%
Price / MAexp100: -13.96%

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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