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 01/20/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bearish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.246208 USD
My targets
0.255676 USD (+2.06%)
0.267508 USD (+6.78%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for STELLAR - XLM/USD as long as the price remains well above 0.246208 USD. The buyers' bullish objective is set at 0.255676 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.267508 USD. If there is any crossing, the next objective would be the resistance located at 0.278579 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 0.255676 USD. On this resistance, against the trend traders who would like to go short on STELLAR - XLM/USD with a bearish signal from their trading strategy, should not hesitate to act.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.2

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 0.250523 USD. The price has increased by +1.93% since the last closing with the lowest point at 0.244161 USD and the highest point at 0.252499 USD. The deviation from the price is +2.61% for the low point and -0.78% for the high point.

0.244161
0.252499
0.250523

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



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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


A technical analysis in 1H of this STELLAR - XLM/USD chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.084982 0.211171 0.246208 0.250523 0.250954 0.255676 0.267508
Change (%) -66.08% -15.71% -1.72% - +0.17% +2.06% +6.78%
Change -0.165541 -0.039352 -0.004315 - +0.000431 +0.005153 +0.016985
Level Minor Minor Intermediate - Intermediate Major Minor



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
Standard0.2291350.2363910.2410830.2483390.2530310.2602870.264979
Camarilla0.2424890.2435850.2446800.2457750.2468700.2479660.249061
Woodie0.2278530.2357500.2398010.2476980.2517490.2596460.263697
Fibonacci0.2363910.2409550.2437750.2483390.2529030.2557230.260287


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1838010.2116910.2354420.2633320.2870830.3149730.338724
Camarilla0.2449930.2497270.2544600.2591940.2639280.2686620.273395
Woodie0.1817330.2106560.2333740.2622970.2850150.3139380.336656
Fibonacci0.2116910.2314180.2436050.2633320.2830590.2952460.314973


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): 60.81
MACD (12,26,9): 0.0003
Directional Movement: 15.147785
AROON (14): 21.428572
DEMA (21): 0.248315
Parabolic SAR (0,02-0,02-0,2): 0.244639
Elder Ray (13): 0.002767
Super Trend (3,10): 0.245664
Zig ZAG (10): 0.251087
VORTEX (21): 1.1324
Stochastique (14,3,5): 87.42
TEMA (21): 0.249401
Williams %R (14): -17.01
Chande Momentum Oscillator (20): 0.004466
Repulse (5,40,3): 0.8682
ROCnROLL: 1
TRIX (15,9): -0.0238
Courbe Coppock: 1.81
MA7: 0.255724
MA20: 0.265131
MA50: 0.273133
MA100: 0.317490
MAexp7: 0.249368
MAexp20: 0.248273
MAexp50: 0.249298
MAexp100: 0.251961
Price / MA7: -2.03%
Price / MA20: -5.51%
Price / MA50: -8.28%
Price / MA100: -21.09%
Price / MAexp7: +0.46%
Price / MAexp20: +0.91%
Price / MAexp50: +0.49%
Price / MAexp100: -0.57%

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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