STELLAR - XLM/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	XLMUSD
ISIN:

STELLAR - XLM/USD - 1H - Technical analysis published on 01/19/2024 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

56%

11%

33%

My opinion

Bearish under 0.116861 USD

My targets

0.105925 USD (-6.92%)

0.100738 USD (-11.48%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on STELLAR - XLM/USD. As long as you are under the resistance located at 0.116861 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.105925 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.100738 USD as an objective. If the resistance 0.116861 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

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

1.1

Comment on the analysis

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:

Additional analysis

Quotes

The STELLAR - XLM/USD price is 0.113800 USD. On the day, this instrument lost -0.31% and was traded between 0.109529 USD and 0.114733 USD over the period. The price is currently at +3.90% from its lowest and -0.81% from its highest.

0.109529

0.114733

0.113800

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:

The study of the highest / lowest by the Central Records scanner shows the following results:

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in 1H of this STELLAR - XLM/USD chart shows a bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

Near horizontal support

Type : Bullish

Timeframe : 1 hour

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish doji star

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.100738	0.113448	0.113800	0.116861	0.119790	0.120819
Change (%)	-11.48%	-0.31%	-	+2.69%	+5.26%	+6.17%
Change	-0.013062	-0.000352	-	+0.003061	+0.005990	+0.007019
Level	Major	Major	-	Intermediate	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.105362	0.109003	0.111576	0.115217	0.117790	0.121431	0.124004
Camarilla	0.112439	0.113009	0.113578	0.114148	0.114718	0.115287	0.115857
Woodie	0.104827	0.108736	0.111041	0.114950	0.117255	0.121164	0.123469
Fibonacci	0.109003	0.111377	0.112844	0.115217	0.117591	0.119058	0.121431

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.099351	0.105925	0.113001	0.119575	0.126651	0.133225	0.140301
Camarilla	0.116322	0.117574	0.118825	0.120076	0.121327	0.122579	0.123830
Woodie	0.099601	0.106051	0.113251	0.119701	0.126901	0.133351	0.140551
Fibonacci	0.105925	0.111140	0.114361	0.119575	0.124790	0.128011	0.133225

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.095165	0.105664	0.117362	0.127861	0.139559	0.150058	0.161756
Camarilla	0.122956	0.124991	0.127025	0.129060	0.131095	0.133130	0.135164
Woodie	0.095765	0.105964	0.117962	0.128161	0.140159	0.150358	0.162356
Fibonacci	0.105664	0.114143	0.119382	0.127861	0.136340	0.141579	0.150058

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):	51.94
MACD (12,26,9):	-0.0004
Directional Movement:	-10.124140
AROON (14):	-50.000000
DEMA (21):	0.112843
Parabolic SAR (0,02-0,02-0,2):	0.110035
Elder Ray (13):	0.000670
Super Trend (3,10):	0.111441
Zig ZAG (10):	0.113954
VORTEX (21):	1.0657
Stochastique (14,3,5):	84.21
TEMA (21):	0.113117
Williams %R (14):	-15.47
Chande Momentum Oscillator (20):	-0.000484
Repulse (5,40,3):	0.7658
ROCnROLL:	-1
TRIX (15,9):	-0.0805
Courbe Coppock:	1.78

MA7:	0.117374
MA20:	0.120648
MA50:	0.123843
MA100:	0.120332
MAexp7:	0.113406
MAexp20:	0.113498
MAexp50:	0.114661
MAexp100:	0.116029
Price / MA7:	-3.04%
Price / MA20:	-5.68%
Price / MA50:	-8.11%
Price / MA100:	-5.43%
Price / MAexp7:	+0.35%
Price / MAexp20:	+0.27%
Price / MAexp50:	-0.75%
Price / MAexp100:	-1.92%

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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Londinia AI

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