STELLAR - XLM/USD - 1H - Technical analysis published on 04/05/2022 (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:
Strongly bearish
Underlying:
Bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 0.230634 USD
My targets
0.226887 USD (-0.76%)
0.223380 USD (-2.30%)
My analysis
In the short term, we can see an acceleration in the bearish trend on STELLAR - XLM/USD, which is a positive signal for sellers. As long as the price remains above 0.230634 USD, a sale could be considered. The first bearish objective is located at 0.226887 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.223380 USD as an objective. Crossing it would then enable sellers to target 0.221544 USD. If the price were to return above 0.230634 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be 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
6.4
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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 0.228627 USD. The price is lower by -1.53% since the last closing and was between 0.227187 USD and 0.233965 USD. This implies that the price is at +0.63% from its lowest and at -2.28% from its highest.0.227187
0.233965
0.228627
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this STELLAR - XLM/USD chart shows a bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 12 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.221544 | 0.223380 | 0.226887 | 0.228627 | 0.230634 | 0.232861 | 0.234495 |
Change (%) | -3.10% | -2.30% | -0.76% | - | +0.88% | +1.85% | +2.57% |
Change | -0.007083 | -0.005247 | -0.001740 | - | +0.002007 | +0.004234 | +0.005868 |
Level | Intermediate | Minor | Major | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.216943 | 0.221960 | 0.227063 | 0.232080 | 0.237183 | 0.242200 | 0.247303 |
Camarilla | 0.229384 | 0.230312 | 0.231239 | 0.232167 | 0.233095 | 0.234022 | 0.234950 |
Woodie | 0.216987 | 0.221982 | 0.227107 | 0.232102 | 0.237227 | 0.242222 | 0.247347 |
Fibonacci | 0.221960 | 0.225826 | 0.228214 | 0.232080 | 0.235946 | 0.238334 | 0.242200 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.192050 | 0.203389 | 0.218332 | 0.229671 | 0.244614 | 0.255953 | 0.270896 |
Camarilla | 0.226048 | 0.228457 | 0.230866 | 0.233275 | 0.235684 | 0.238093 | 0.240503 |
Woodie | 0.193852 | 0.204290 | 0.220134 | 0.230572 | 0.246416 | 0.256854 | 0.272698 |
Fibonacci | 0.203389 | 0.213429 | 0.219631 | 0.229671 | 0.239711 | 0.245913 | 0.255953 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.109074 | 0.138016 | 0.183127 | 0.212069 | 0.257180 | 0.286122 | 0.331233 |
Camarilla | 0.207874 | 0.214663 | 0.221451 | 0.228239 | 0.235027 | 0.241815 | 0.248604 |
Woodie | 0.117160 | 0.142058 | 0.191213 | 0.216111 | 0.265266 | 0.290164 | 0.339319 |
Fibonacci | 0.138016 | 0.166304 | 0.183780 | 0.212069 | 0.240357 | 0.257833 | 0.286122 |
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): | 39.15 | |
MACD (12,26,9): | -0.0008 | |
Directional Movement: | -11.422798 | |
AROON (14): | -85.714286 | |
DEMA (21): | 0.230150 | |
Parabolic SAR (0,02-0,02-0,2): | 0.232790 | |
Elder Ray (13): | -0.001562 | |
Super Trend (3,10): | 0.233389 | |
Zig ZAG (10): | 0.228503 | |
VORTEX (21): | 1.0081 | |
Stochastique (14,3,5): | 14.75 | |
TEMA (21): | 0.229449 | |
Williams %R (14): | -95.56 | |
Chande Momentum Oscillator (20): | -0.005972 | |
Repulse (5,40,3): | -1.5013 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0376 | |
Courbe Coppock: | 1.85 |
MA7: | 0.232127 | |
MA20: | 0.218124 | |
MA50: | 0.200250 | |
MA100: | 0.218934 | |
MAexp7: | 0.229673 | |
MAexp20: | 0.231089 | |
MAexp50: | 0.232079 | |
MAexp100: | 0.231926 | |
Price / MA7: | -1.51% | |
Price / MA20: | +4.82% | |
Price / MA50: | +14.17% | |
Price / MA100: | +4.43% | |
Price / MAexp7: | -0.46% | |
Price / MAexp20: | -1.07% | |
Price / MAexp50: | -1.49% | |
Price / MAexp100: | -1.42% |
Quotes :
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Real time data
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About author
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