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 07/11/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
61%
0%
39%
My opinion
Bearish under 0.107883 USD
My targets
0.105314 USD (-1.76%)
0.097995 USD (-8.59%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.107883 USD remains possible. It is advisable to trade STELLAR - XLM/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.107883 USD. The next bearish objective for sellers is set at 0.105314 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.097995 USD. In case of crossing, the next objective would be the support located at 0.085272 USD. PS: if there is a bullish break in the resistance located at 0.107883 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

STELLAR - XLM/USD rating 0.107200 USD. The price registered a decrease of -0.03% on the session with the lowest point at 0.104100 USD and the highest point at 0.107273 USD. The deviation from the price is +2.98% for the low point and -0.07% for the high point.

0.104100
0.107273
0.107200

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


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 bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 11 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.085272 0.106726 0.107200 0.107883 0.109622 0.111924
Change (%) -20.46% -0.44% - +0.64% +2.26% +4.41%
Change -0.021928 -0.000474 - +0.000683 +0.002422 +0.004724
Level Intermediate Major - Minor Intermediate 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
Standard0.0971220.1014110.1043220.1086110.1115220.1158110.118722
Camarilla0.1052530.1059130.1065730.1072330.1078930.1085530.109213
Woodie0.0964330.1010670.1036330.1082670.1108330.1154670.118033
Fibonacci0.1014110.1041610.1058610.1086110.1113610.1130610.115811


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0915520.0979950.1053140.1117570.1190760.1255190.132838
Camarilla0.1088490.1101100.1113720.1126330.1138950.1151560.116418
Woodie0.0919900.0982140.1057520.1119760.1195140.1257380.133276
Fibonacci0.0979950.1032520.1065000.1117570.1170140.1202620.125519


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0408840.0705210.0914210.1210580.1419580.1715950.192495
Camarilla0.0984220.1030550.1076870.1123200.1169530.1215850.126218
Woodie0.0365150.0683370.0870520.1188740.1375890.1694110.188126
Fibonacci0.0705210.0898270.1017530.1210580.1403640.1522900.171595

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): 46.79
MACD (12,26,9): -0.0010
Directional Movement: -9.107182
AROON (14): -64.285714
DEMA (21): 0.105145
Parabolic SAR (0,02-0,02-0,2): 0.104252
Elder Ray (13): 0.000222
Super Trend (3,10): 0.108118
Zig ZAG (10): 0.106700
VORTEX (21): 0.9954
Stochastique (14,3,5): 59.38
TEMA (21): 0.105341
Williams %R (14): -17.71
Chande Momentum Oscillator (20): 0.000104
Repulse (5,40,3): 0.8490
ROCnROLL: -1
TRIX (15,9): -0.1789
Courbe Coppock: 2.33
MA7: 0.110169
MA20: 0.113482
MA50: 0.122395
MA100: 0.149409
MAexp7: 0.106139
MAexp20: 0.106620
MAexp50: 0.108645
MAexp100: 0.109865
Price / MA7: -2.69%
Price / MA20: -5.54%
Price / MA50: -12.41%
Price / MA100: -28.25%
Price / MAexp7: +1.00%
Price / MAexp20: +0.54%
Price / MAexp50: -1.33%
Price / MAexp100: -2.43%

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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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