STELLAR - XLM/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	XLMUSD
ISIN:

STELLAR - XLM/USD - 1H - Technical analysis published on 04/03/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

33%

39%

28%

My opinion

Bearish under 0.132613 USD

My targets

0.124436 USD (-3.27%)

0.120902 USD (-6.02%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on STELLAR - XLM/USD as long as the price remains well below 0.132613 USD. The sellers' bearish objective is set at 0.124436 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.120902 USD. In case of crossing, the next objective would be the support located at 0.108180 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

6.3

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 0.128641 USD. On the day, this instrument lost -0.02% with the lowest point at 0.128607 USD and the highest point at 0.129125 USD. The deviation from the price is +0.03% for the low point and -0.37% for the high point.

0.128607

0.129125

0.128641

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

A study of price movements over other periods shows the following variations:

Abnormal volumes on STELLAR - XLM/USD were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in 1H of this STELLAR - XLM/USD chart shows a sharp bearish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

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.

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 engulfing lines

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.102620	0.108180	0.120902	0.128641	0.132613	0.134178	0.135647
Change (%)	-20.23%	-15.91%	-6.02%	-	+3.09%	+4.30%	+5.45%
Change	-0.026021	-0.020461	-0.007739	-	+0.003972	+0.005537	+0.007006
Level	Minor	Minor	Minor	-	Major	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	0.116733	0.122010	0.125335	0.130612	0.133937	0.139214	0.142539
Camarilla	0.126295	0.127083	0.127872	0.128660	0.129449	0.130237	0.131026
Woodie	0.115757	0.121522	0.124359	0.130124	0.132961	0.138726	0.141563
Fibonacci	0.122010	0.125296	0.127326	0.130612	0.133898	0.135928	0.139214

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.117068	0.124436	0.131843	0.139211	0.146618	0.153986	0.161393
Camarilla	0.135188	0.136542	0.137897	0.139251	0.140605	0.141960	0.143314
Woodie	0.117089	0.124446	0.131864	0.139221	0.146639	0.153996	0.161414
Fibonacci	0.124436	0.130080	0.133567	0.139211	0.144855	0.148342	0.153986

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	38.74
MACD (12,26,9):	-0.0012
Directional Movement:	-13.171974
AROON (14):	14.285715
DEMA (21):	0.127903
Parabolic SAR (0,02-0,02-0,2):	0.127871
Elder Ray (13):	-0.000378
Super Trend (3,10):	0.132053
Zig ZAG (10):	0.128689
VORTEX (21):	0.9406
Stochastique (14,3,5):	48.66
TEMA (21):	0.128289
Williams %R (14):	-50.10
Chande Momentum Oscillator (20):	0.000271
Repulse (5,40,3):	-0.2150
ROCnROLL:	2
TRIX (15,9):	-0.1617
Courbe Coppock:	1.05

MA7:	0.136318
MA20:	0.134666
MA50:	0.130762
MA100:	0.124026
MAexp7:	0.128881
MAexp20:	0.129748
MAexp50:	0.132347
MAexp100:	0.134760
Price / MA7:	-5.63%
Price / MA20:	-4.47%
Price / MA50:	-1.62%
Price / MA100:	+3.72%
Price / MAexp7:	-0.19%
Price / MAexp20:	-0.85%
Price / MAexp50:	-2.80%
Price / MAexp100:	-4.54%

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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