STELLAR - XLM/USD - 1H - Technical analysis published on 06/17/2022 (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:
Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.108468 USD
My targets
0.114738 USD (+1.36%)
0.120094 USD (+6.09%)
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 0.108468 USD. The next resistance located at 0.114738 USD is the next bullish target 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 0.120094 USD. After this resistance, buyers could then target 0.131700 USD.
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
7.1
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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 0.113196 USD. The price registered an increase of +3.85% on the session and was traded between 0.107078 USD and 0.116157 USD over the period. The price is currently at +5.71% from its lowest and -2.55% from its highest.0.107078
0.116157
0.113196
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by STELLAR - XLM/USD:
Technical
Technical analysis of this 1H chart of STELLAR - XLM/USD indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.103828 | 0.108468 | 0.113001 | 0.113196 | 0.120094 | 0.131700 | 0.138462 |
| Change (%) | -8.28% | -4.18% | -0.17% | - | +6.09% | +16.35% | +22.32% |
| Change | -0.009368 | -0.004728 | -0.000195 | - | +0.006898 | +0.018504 | +0.025266 |
| Level | Intermediate | Minor | Intermediate | - | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.086580 | 0.096641 | 0.102818 | 0.112879 | 0.119056 | 0.129117 | 0.135294 |
| Camarilla | 0.104531 | 0.106019 | 0.107508 | 0.108996 | 0.110485 | 0.111973 | 0.113462 |
| Woodie | 0.084639 | 0.095670 | 0.100877 | 0.111908 | 0.117115 | 0.128146 | 0.133353 |
| Fibonacci | 0.096641 | 0.102844 | 0.106676 | 0.112879 | 0.119082 | 0.122914 | 0.129117 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.086752 | 0.104611 | 0.114738 | 0.132597 | 0.142724 | 0.160583 | 0.170710 |
| Camarilla | 0.117168 | 0.119733 | 0.122299 | 0.124864 | 0.127429 | 0.129995 | 0.132560 |
| Woodie | 0.082885 | 0.102678 | 0.110871 | 0.130664 | 0.138857 | 0.158650 | 0.166843 |
| Fibonacci | 0.104611 | 0.115302 | 0.121907 | 0.132597 | 0.143288 | 0.149893 | 0.160583 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.020803 | 0.061552 | 0.106003 | 0.146752 | 0.191203 | 0.231952 | 0.276403 |
| Camarilla | 0.127025 | 0.134835 | 0.142645 | 0.150455 | 0.158265 | 0.166075 | 0.173885 |
| Woodie | 0.022655 | 0.062478 | 0.107855 | 0.147678 | 0.193055 | 0.232878 | 0.278255 |
| Fibonacci | 0.061552 | 0.094098 | 0.114205 | 0.146752 | 0.179298 | 0.199405 | 0.231952 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 60.32 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 1.490821 | |
| AROON (14): | 64.285714 | |
| DEMA (21): | 0.111911 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.109015 | |
| Elder Ray (13): | 0.001826 | |
| Super Trend (3,10): | 0.114838 | |
| Zig ZAG (10): | 0.114787 | |
| VORTEX (21): | 1.0807 | |
| Stochastique (14,3,5): | 82.56 | |
| TEMA (21): | 0.112281 | |
| Williams %R (14): | -20.59 | |
| Chande Momentum Oscillator (20): | 0.003888 | |
| Repulse (5,40,3): | 1.0410 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0668 | |
| Courbe Coppock: | 3.77 |
| MA7: | 0.115246 | |
| MA20: | 0.132137 | |
| MA50: | 0.140114 | |
| MA100: | 0.171651 | |
| MAexp7: | 0.112649 | |
| MAexp20: | 0.111922 | |
| MAexp50: | 0.112115 | |
| MAexp100: | 0.113754 | |
| Price / MA7: | -1.78% | |
| Price / MA20: | -14.33% | |
| Price / MA50: | -19.21% | |
| Price / MA100: | -34.05% | |
| Price / MAexp7: | +0.49% | |
| Price / MAexp20: | +1.14% | |
| Price / MAexp50: | +0.96% | |
| Price / MAexp100: | -0.49% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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