STELLAR - XLM/USDT - 1H - Technical analysis published on 02/17/2021 (GMT)
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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
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
72%
0%
28%
My opinion
Bearish under 0.511067 USDT
My targets
0.457600 USDT (-6.94%)
0.417333 USDT (-15.12%)
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/USDT. As long as you are under the resistance located at 0.511067 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.457600 USDT 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 0.417333 USDT as an objective. Crossing it would then enable sellers to target 0.403225 USDT. If the resistance 0.511067 USDT 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.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.2
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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
STELLAR - XLM/USDT rating 0.491700 USDT. On the day, this instrument gained +1.28% with the lowest point at 0.457400 USDT and the highest point at 0.501400 USDT. The deviation from the price is +7.50% for the low point and -1.93% for the high point.0.457400
0.501400
0.491700
The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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/USDT:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of STELLAR - XLM/USDT in 1H shows an overall bearish trend. 71.43% 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. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.384771 | 0.403225 | 0.457600 | 0.491700 | 0.539540 | 0.576900 | 0.604800 |
| Change (%) | -21.75% | -17.99% | -6.94% | - | +9.73% | +17.33% | +23.00% |
| Change | -0.106929 | -0.088475 | -0.034100 | - | +0.047840 | +0.085200 | +0.113100 |
| 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 | 0.416467 | 0.442833 | 0.464167 | 0.490533 | 0.511867 | 0.538233 | 0.559567 |
| Camarilla | 0.472383 | 0.476755 | 0.481128 | 0.485500 | 0.489873 | 0.494245 | 0.498618 |
| Woodie | 0.413950 | 0.441575 | 0.461650 | 0.489275 | 0.509350 | 0.536975 | 0.557050 |
| Fibonacci | 0.442833 | 0.461055 | 0.472312 | 0.490533 | 0.508755 | 0.520012 | 0.538233 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.176633 | 0.270367 | 0.417333 | 0.511067 | 0.658033 | 0.751767 | 0.898733 |
| Camarilla | 0.498108 | 0.520172 | 0.542236 | 0.564300 | 0.586364 | 0.608428 | 0.630493 |
| Woodie | 0.203250 | 0.283675 | 0.443950 | 0.524375 | 0.684650 | 0.765075 | 0.925350 |
| Fibonacci | 0.270367 | 0.362314 | 0.419119 | 0.511067 | 0.603014 | 0.659819 | 0.751767 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.148233 | -0.012067 | 0.147267 | 0.283433 | 0.442767 | 0.578933 | 0.738267 |
| Camarilla | 0.225338 | 0.252425 | 0.279513 | 0.306600 | 0.333688 | 0.360775 | 0.387863 |
| Woodie | -0.136650 | -0.006275 | 0.158850 | 0.289225 | 0.454350 | 0.584725 | 0.749850 |
| Fibonacci | -0.012067 | 0.100814 | 0.170552 | 0.283433 | 0.396314 | 0.466052 | 0.578933 |
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): | 54.08 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | 0.822609 | |
| AROON (14): | 49.999998 | |
| DEMA (21): | 0.484324 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.472568 | |
| Elder Ray (13): | 0.006386 | |
| Super Trend (3,10): | 0.494829 | |
| Zig ZAG (10): | 0.493600 | |
| VORTEX (21): | 1.1106 | |
| Stochastique (14,3,5): | 78.79 | |
| TEMA (21): | 0.489734 | |
| Williams %R (14): | -15.91 | |
| Chande Momentum Oscillator (20): | 0.024500 | |
| Repulse (5,40,3): | 0.9385 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0936 | |
| Courbe Coppock: | 5.20 |
| MA7: | 0.505600 | |
| MA20: | 0.406275 | |
| MA50: | 0.314632 | |
| MA100: | 0.231474 | |
| MAexp7: | 0.489893 | |
| MAexp20: | 0.485037 | |
| MAexp50: | 0.491947 | |
| MAexp100: | 0.495504 | |
| Price / MA7: | -2.75% | |
| Price / MA20: | +21.03% | |
| Price / MA50: | +56.28% | |
| Price / MA100: | +112.42% | |
| Price / MAexp7: | +0.37% | |
| Price / MAexp20: | +1.37% | |
| Price / MAexp50: | -0.05% | |
| Price / MAexp100: | -0.77% |
Quotes :
2021-02-17 16:08:53
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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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