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 05/02/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

89%

My opinion

Bullish above 0.109789 USD

My targets

0.111958 USD (+1.29%)

0.113673 USD (+2.84%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on STELLAR - XLM/USD. This is a positive signal for buyers. As long as the price remains above 0.109789 USD, a purchase could be considered. The first bullish objective is located at 0.111958 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.113673 USD as an objective. Crossing it would then enable buyers to target 0.115873 USD. In the event of a return below 0.109789 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

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

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

STELLAR - XLM/USD rating 0.110534 USD. The price registered a decrease of -0.41% on the session with the lowest point at 0.106978 USD and the highest point at 0.111208 USD. The deviation from the price is +3.32% for the low point and -0.61% for the high point.

0.106978

0.111208

0.110534

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of STELLAR - XLM/USD in 1H shows an overall bullish trend. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced 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.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Bearish harami

Type : Bearish

Timeframe : 1 hour

Doji

Type : Neutral

Timeframe : 1 hour

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.104527	0.108020	0.109789	0.110534	0.111958	0.113673	0.115873
Change (%)	-5.43%	-2.27%	-0.67%	-	+1.29%	+2.84%	+4.83%
Change	-0.006007	-0.002514	-0.000745	-	+0.001424	+0.003139	+0.005339
Level	Minor	Intermediate	Minor	-	Major	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	0.097605	0.100328	0.105660	0.108383	0.113715	0.116438	0.121770
Camarilla	0.108776	0.109514	0.110253	0.110991	0.111729	0.112468	0.113206
Woodie	0.098909	0.100980	0.106964	0.109035	0.115019	0.117090	0.123074
Fibonacci	0.100328	0.103405	0.105306	0.108383	0.111460	0.113361	0.116438

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.101151	0.106176	0.110299	0.115324	0.119447	0.124472	0.128595
Camarilla	0.111905	0.112744	0.113582	0.114421	0.115260	0.116098	0.116937
Woodie	0.100699	0.105951	0.109847	0.115099	0.118995	0.124247	0.128143
Fibonacci	0.106176	0.109671	0.111830	0.115324	0.118819	0.120978	0.124472

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.040459	0.067851	0.087743	0.115135	0.135027	0.162419	0.182311
Camarilla	0.094633	0.098967	0.103302	0.107636	0.111970	0.116305	0.120639
Woodie	0.036710	0.065976	0.083994	0.113260	0.131278	0.160544	0.178562
Fibonacci	0.067851	0.085913	0.097072	0.115135	0.133197	0.144356	0.162419

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):	62.51
MACD (12,26,9):	0.0006
Directional Movement:	16.780339
AROON (14):	71.428572
DEMA (21):	0.109864
Parabolic SAR (0,02-0,02-0,2):	0.107472
Elder Ray (13):	0.001192
Super Trend (3,10):	0.108044
Zig ZAG (10):	0.110678
VORTEX (21):	1.0433
Stochastique (14,3,5):	92.00
TEMA (21):	0.110293
Williams %R (14):	-11.84
Chande Momentum Oscillator (20):	0.003548
Repulse (5,40,3):	0.7524
ROCnROLL:	1
TRIX (15,9):	0.0542
Courbe Coppock:	2.51

MA7:	0.111702
MA20:	0.111951
MA50:	0.124262
MA100:	0.122745
MAexp7:	0.109951
MAexp20:	0.109160
MAexp50:	0.108757
MAexp100:	0.109536
Price / MA7:	-1.05%
Price / MA20:	-1.27%
Price / MA50:	-11.05%
Price / MA100:	-9.95%
Price / MAexp7:	+0.58%
Price / MAexp20:	+1.31%
Price / MAexp50:	+1.68%
Price / MAexp100:	+0.96%

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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