STELLAR - XLM/USD - 1H - Technical analysis published on 09/02/2023 (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
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 0.117300 USD
My targets
0.113295 USD (-0.62%)
0.099424 USD (-12.79%)
My analysis
STELLAR - XLM/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.117300 USD. The next support located at 0.113295 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.099424 USD. Below this support, sellers could then target 0.092715 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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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 0.113999 USD. The price is lower by -0.06% since the last closing with the lowest point at 0.113900 USD and the highest point at 0.114399 USD. The deviation from the price is +0.09% for the low point and -0.35% for the high point.0.113900
0.114399
0.113999
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/USD:
Technical
Technical analysis of this 1H chart of STELLAR - XLM/USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.074046 | 0.092715 | 0.113295 | 0.113999 | 0.117300 | 0.120587 | 0.124895 |
| Change (%) | -35.05% | -18.67% | -0.62% | - | +2.90% | +5.78% | +9.56% |
| Change | -0.039953 | -0.021284 | -0.000704 | - | +0.003301 | +0.006588 | +0.010896 |
| Level | Major | Intermediate | Intermediate | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.107483 | 0.110093 | 0.112080 | 0.114690 | 0.116677 | 0.119287 | 0.121274 |
| Camarilla | 0.112803 | 0.113224 | 0.113646 | 0.114067 | 0.114488 | 0.114910 | 0.115331 |
| Woodie | 0.107172 | 0.109937 | 0.111769 | 0.114534 | 0.116366 | 0.119131 | 0.120963 |
| Fibonacci | 0.110093 | 0.111849 | 0.112934 | 0.114690 | 0.116446 | 0.117531 | 0.119287 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.099424 | 0.108387 | 0.114714 | 0.123677 | 0.130004 | 0.138967 | 0.145294 |
| Camarilla | 0.116836 | 0.118238 | 0.119639 | 0.121041 | 0.122443 | 0.123844 | 0.125246 |
| Woodie | 0.098106 | 0.107728 | 0.113396 | 0.123018 | 0.128686 | 0.138308 | 0.143976 |
| Fibonacci | 0.108387 | 0.114228 | 0.117836 | 0.123677 | 0.129518 | 0.133126 | 0.138967 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.037242 | 0.068621 | 0.091740 | 0.123119 | 0.146238 | 0.177617 | 0.200736 |
| Camarilla | 0.099872 | 0.104868 | 0.109863 | 0.114859 | 0.119855 | 0.124850 | 0.129846 |
| Woodie | 0.033112 | 0.066556 | 0.087610 | 0.121054 | 0.142108 | 0.175552 | 0.196606 |
| Fibonacci | 0.068621 | 0.089439 | 0.102301 | 0.123119 | 0.143937 | 0.156799 | 0.177617 |
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): | 39.03 | |
| MACD (12,26,9): | -0.0008 | |
| Directional Movement: | -8.373983 | |
| AROON (14): | -28.571429 | |
| DEMA (21): | 0.113573 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.115208 | |
| Elder Ray (13): | -0.000304 | |
| Super Trend (3,10): | 0.115941 | |
| Zig ZAG (10): | 0.114011 | |
| VORTEX (21): | 0.8712 | |
| Stochastique (14,3,5): | 32.66 | |
| TEMA (21): | 0.113669 | |
| Williams %R (14): | -67.44 | |
| Chande Momentum Oscillator (20): | -0.001143 | |
| Repulse (5,40,3): | 0.0303 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0990 | |
| Courbe Coppock: | 3.86 |
| MA7: | 0.118343 | |
| MA20: | 0.122301 | |
| MA50: | 0.136367 | |
| MA100: | 0.115040 | |
| MAexp7: | 0.114021 | |
| MAexp20: | 0.114629 | |
| MAexp50: | 0.116215 | |
| MAexp100: | 0.117883 | |
| Price / MA7: | -3.67% | |
| Price / MA20: | -6.79% | |
| Price / MA50: | -16.40% | |
| Price / MA100: | -0.90% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.55% | |
| Price / MAexp50: | -1.91% | |
| Price / MAexp100: | -3.29% |
Quotes :
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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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