STELLAR - XLM/USDT - 1H - Technical analysis published on 12/16/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 0.051490 USDT
My targets
0.048680 USDT (-3.05%)
0.046480 USDT (-7.43%)
My analysis
The bearish trend is currently very strong for STELLAR - XLM/USDT. As long as the price remains below the resistance at 0.051490 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.048680 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.046480 USDT as an objective. Crossing it would then enable sellers to target 0.042790 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
6.8
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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 0.050210 USDT. The price is lower by -1.51% since the last closing with the lowest point at 0.050210 USDT and the highest point at 0.051220 USDT. The deviation from the price is 0% for the low point and -1.97% for the high point.0.050210
0.051220
0.050210
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this STELLAR - XLM/USDT chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.050210 | 0.051490 | 0.051943 | 0.052607 |
| Change (%) | - | +2.55% | +3.45% | +4.77% |
| Change | - | +0.001280 | +0.001733 | +0.002397 |
| Level | - | Intermediate | Minor | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.048487 | 0.049393 | 0.050187 | 0.051093 | 0.051887 | 0.052793 | 0.053587 |
| Camarilla | 0.050513 | 0.050668 | 0.050824 | 0.050980 | 0.051136 | 0.051292 | 0.051448 |
| Woodie | 0.048430 | 0.049365 | 0.050130 | 0.051065 | 0.051830 | 0.052765 | 0.053530 |
| Fibonacci | 0.049393 | 0.050043 | 0.050444 | 0.051093 | 0.051743 | 0.052144 | 0.052793 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.042790 | 0.046480 | 0.048680 | 0.052370 | 0.054570 | 0.058260 | 0.060460 |
| Camarilla | 0.049260 | 0.049800 | 0.050340 | 0.050880 | 0.051420 | 0.051960 | 0.052500 |
| Woodie | 0.042045 | 0.046108 | 0.047935 | 0.051998 | 0.053825 | 0.057888 | 0.059715 |
| Fibonacci | 0.046480 | 0.048730 | 0.050120 | 0.052370 | 0.054620 | 0.056010 | 0.058260 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.011923 | 0.032427 | 0.044873 | 0.065377 | 0.077823 | 0.098327 | 0.110773 |
| Camarilla | 0.048259 | 0.051279 | 0.054300 | 0.057320 | 0.060340 | 0.063361 | 0.066381 |
| Woodie | 0.007895 | 0.030413 | 0.040845 | 0.063363 | 0.073795 | 0.096313 | 0.106745 |
| Fibonacci | 0.032427 | 0.045014 | 0.052790 | 0.065377 | 0.077964 | 0.085740 | 0.098327 |
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): | 42.55 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | 2.847679 | |
| AROON (14): | -71.428574 | |
| DEMA (21): | 0.050364 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.051040 | |
| Elder Ray (13): | -0.000082 | |
| Super Trend (3,10): | 0.050998 | |
| Zig ZAG (10): | 0.050450 | |
| VORTEX (21): | 0.8396 | |
| Stochastique (14,3,5): | 25.50 | |
| TEMA (21): | 0.050339 | |
| Williams %R (14): | -75.00 | |
| Chande Momentum Oscillator (20): | -0.000040 | |
| Repulse (5,40,3): | -0.1645 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0476 | |
| Courbe Coppock: | 2.07 |
| MA7: | 0.051843 | |
| MA20: | 0.054766 | |
| MA50: | 0.063369 | |
| MA100: | 0.062672 | |
| MAexp7: | 0.050422 | |
| MAexp20: | 0.050588 | |
| MAexp50: | 0.050949 | |
| MAexp100: | 0.051540 | |
| Price / MA7: | -3.15% | |
| Price / MA20: | -8.32% | |
| Price / MA50: | -20.77% | |
| Price / MA100: | -19.88% | |
| Price / MAexp7: | -0.42% | |
| Price / MAexp20: | -0.75% | |
| Price / MAexp50: | -1.45% | |
| Price / MAexp100: | -2.58% |
This member declared not having a position on this financial instrument or a related financial instrument.
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