STELLAR - XLM/USD - 1H - Technical analysis published on 08/27/2024 (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
39%
33%
28%
My opinion
Bearish under 0.099150 USD
My targets
0.095199 USD (-1.84%)
0.093537 USD (-3.56%)
My analysis
The bearish trend is currently very strong for STELLAR - XLM/USD. As long as the price remains below the resistance at 0.099150 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.095199 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.093537 USD as an objective. Crossing it would then enable sellers to target 0.083826 USD. 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
STELLAR - XLM/USD rating 0.096988 USD. The price is lower by -0.11% since the last closing and was traded between 0.096762 USD and 0.097679 USD over the period. The price is currently at +0.23% from its lowest and -0.71% from its highest.0.096762
0.097679
0.096988
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
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 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.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
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 resistance of triangle
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.093537 | 0.095199 | 0.096621 | 0.096988 | 0.099150 | 0.100118 | 0.103658 |
| Change (%) | -3.56% | -1.84% | -0.38% | - | +2.23% | +3.23% | +6.88% |
| Change | -0.003451 | -0.001789 | -0.000367 | - | +0.002162 | +0.003130 | +0.006670 |
| Level | Major | Minor | Major | - | Intermediate | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.090728 | 0.093660 | 0.095377 | 0.098309 | 0.100026 | 0.102958 | 0.104675 |
| Camarilla | 0.095815 | 0.096241 | 0.096667 | 0.097093 | 0.097519 | 0.097945 | 0.098372 |
| Woodie | 0.090120 | 0.093356 | 0.094769 | 0.098005 | 0.099418 | 0.102654 | 0.104067 |
| Fibonacci | 0.093660 | 0.095436 | 0.096533 | 0.098309 | 0.100085 | 0.101182 | 0.102958 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.085216 | 0.089118 | 0.095855 | 0.099757 | 0.106494 | 0.110396 | 0.117133 |
| Camarilla | 0.099667 | 0.100643 | 0.101618 | 0.102593 | 0.103568 | 0.104544 | 0.105519 |
| Woodie | 0.086635 | 0.089827 | 0.097274 | 0.100466 | 0.107913 | 0.111105 | 0.118552 |
| Fibonacci | 0.089118 | 0.093182 | 0.095693 | 0.099757 | 0.103821 | 0.106332 | 0.110396 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.059136 | 0.072154 | 0.086332 | 0.099350 | 0.113528 | 0.126546 | 0.140724 |
| Camarilla | 0.093032 | 0.095525 | 0.098018 | 0.100511 | 0.103004 | 0.105497 | 0.107990 |
| Woodie | 0.059717 | 0.072444 | 0.086913 | 0.099640 | 0.114109 | 0.126836 | 0.141305 |
| Fibonacci | 0.072154 | 0.082543 | 0.088961 | 0.099350 | 0.109739 | 0.116157 | 0.126546 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 34.00 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | -16.749119 | |
| AROON (14): | -21.428571 | |
| DEMA (21): | 0.096836 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.096846 | |
| Elder Ray (13): | -0.000405 | |
| Super Trend (3,10): | 0.098704 | |
| Zig ZAG (10): | 0.097142 | |
| VORTEX (21): | 0.7979 | |
| Stochastique (14,3,5): | 41.55 | |
| TEMA (21): | 0.096818 | |
| Williams %R (14): | -53.89 | |
| Chande Momentum Oscillator (20): | 0.000030 | |
| Repulse (5,40,3): | -0.3253 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1187 | |
| Courbe Coppock: | 1.76 |
| MA7: | 0.099559 | |
| MA20: | 0.098383 | |
| MA50: | 0.098915 | |
| MA100: | 0.098700 | |
| MAexp7: | 0.097197 | |
| MAexp20: | 0.097816 | |
| MAexp50: | 0.098999 | |
| MAexp100: | 0.099447 | |
| Price / MA7: | -2.58% | |
| Price / MA20: | -1.42% | |
| Price / MA50: | -1.95% | |
| Price / MA100: | -1.73% | |
| Price / MAexp7: | -0.22% | |
| Price / MAexp20: | -0.85% | |
| Price / MAexp50: | -2.03% | |
| Price / MAexp100: | -2.47% |
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.
About author
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