STELLAR - XLM/USD - 1H - Technical analysis published on 04/21/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 0.113710 USD
My targets
0.121159 USD (+4.70%)
0.128175 USD (+10.76%)
My analysis
The bullish trend is currently very strong on STELLAR - XLM/USD. As long as the price remains above the support at 0.113710 USD, you could try to benefit from the boom. The first bullish objective is located at 0.121159 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.128175 USD as an objective. Crossing it would then enable buyers to target 0.132762 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The STELLAR - XLM/USD rating is 0.115722 USD. On the day, this instrument lost -0.07% with the lowest point at 0.114517 USD and the highest point at 0.116617 USD. The deviation from the price is +1.05% for the low point and -0.77% for the high point.0.114517
0.116617
0.115722
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.
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:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of STELLAR - XLM/USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed 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, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
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 | 0.102662 | 0.108180 | 0.113710 | 0.115722 | 0.128175 | 0.132762 | 0.142762 |
| Change (%) | -11.29% | -6.52% | -1.74% | - | +10.76% | +14.72% | +23.37% |
| Change | -0.013060 | -0.007542 | -0.002012 | - | +0.012453 | +0.017040 | +0.027040 |
| Level | Intermediate | Major | Intermediate | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.106195 | 0.108533 | 0.112171 | 0.114509 | 0.118147 | 0.120485 | 0.124123 |
| Camarilla | 0.114165 | 0.114712 | 0.115260 | 0.115808 | 0.116356 | 0.116904 | 0.117451 |
| Woodie | 0.106844 | 0.108858 | 0.112820 | 0.114834 | 0.118796 | 0.120810 | 0.124772 |
| Fibonacci | 0.108533 | 0.110816 | 0.112227 | 0.114509 | 0.116792 | 0.118203 | 0.120485 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.091131 | 0.096483 | 0.106145 | 0.111497 | 0.121159 | 0.126511 | 0.136173 |
| Camarilla | 0.111679 | 0.113055 | 0.114432 | 0.115808 | 0.117184 | 0.118561 | 0.119937 |
| Woodie | 0.093287 | 0.097561 | 0.108301 | 0.112575 | 0.123315 | 0.127589 | 0.138329 |
| Fibonacci | 0.096483 | 0.102218 | 0.105761 | 0.111497 | 0.117232 | 0.120775 | 0.126511 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.077305 | 0.097570 | 0.119362 | 0.139627 | 0.161419 | 0.181684 | 0.203476 |
| Camarilla | 0.129588 | 0.133444 | 0.137299 | 0.141154 | 0.145009 | 0.148865 | 0.152720 |
| Woodie | 0.078069 | 0.097952 | 0.120126 | 0.140009 | 0.162183 | 0.182066 | 0.204240 |
| Fibonacci | 0.097570 | 0.113636 | 0.123561 | 0.139627 | 0.155693 | 0.165618 | 0.181684 |
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): | 60.10 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | 3.409728 | |
| AROON (14): | 14.285714 | |
| DEMA (21): | 0.116159 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.116624 | |
| Elder Ray (13): | 0.000382 | |
| Super Trend (3,10): | 0.113369 | |
| Zig ZAG (10): | 0.115902 | |
| VORTEX (21): | 1.1712 | |
| Stochastique (14,3,5): | 61.78 | |
| TEMA (21): | 0.116101 | |
| Williams %R (14): | -42.47 | |
| Chande Momentum Oscillator (20): | 0.000100 | |
| Repulse (5,40,3): | 0.0511 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1050 | |
| Courbe Coppock: | 2.14 |
| MA7: | 0.111284 | |
| MA20: | 0.120272 | |
| MA50: | 0.130922 | |
| MA100: | 0.123073 | |
| MAexp7: | 0.115728 | |
| MAexp20: | 0.115105 | |
| MAexp50: | 0.113566 | |
| MAexp100: | 0.112475 | |
| Price / MA7: | +3.99% | |
| Price / MA20: | -3.78% | |
| Price / MA50: | -11.61% | |
| Price / MA100: | -5.97% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | +0.54% | |
| Price / MAexp50: | +1.90% | |
| Price / MAexp100: | +2.89% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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