STELLAR - XLM/USD - 1H - Technical analysis published on 11/26/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
39%
33%
28%
My opinion
Bearish under 0.480612 USD
My targets
0.438439 USD (-2.99%)
0.418985 USD (-7.30%)
My analysis
STELLAR - XLM/USD is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 0.480612 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 0.438439 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 0.418985 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 0.236800 USD. Beware of a possible return to above the resistance located at 0.480612 USD which would be a sign of a correction of the short-term bearish excesses registered.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2
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Additional analysis
Quotes
The STELLAR - XLM/USD rating is 0.451969 USD. The price is lower by -6.00% since the last closing and was traded between 0.416871 USD and 0.513325 USD over the period. The price is currently at +8.42% from its lowest and -11.95% from its highest.0.416871
0.513325
0.451969
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on STELLAR - XLM/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of STELLAR - XLM/USD indicates that the overall trend is slightly bearish. 53.57% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 7 are bullish, 5 are neutral and 6 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.163261 | 0.236800 | 0.438439 | 0.451969 | 0.480612 | 0.549651 | 0.589611 |
| Change (%) | -63.88% | -47.61% | -2.99% | - | +6.34% | +21.61% | +30.45% |
| Change | -0.288708 | -0.215169 | -0.013530 | - | +0.028643 | +0.097682 | +0.137642 |
| Level | Major | Major | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 0.365405 | 0.419286 | 0.450045 | 0.503926 | 0.534685 | 0.588566 | 0.619325 |
| Camarilla | 0.457528 | 0.465287 | 0.473045 | 0.480804 | 0.488563 | 0.496321 | 0.504080 |
| Woodie | 0.353844 | 0.413506 | 0.438484 | 0.498146 | 0.523124 | 0.582786 | 0.607764 |
| Fibonacci | 0.419286 | 0.451619 | 0.471594 | 0.503926 | 0.536259 | 0.556234 | 0.588566 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.070387 | 0.059365 | 0.289233 | 0.418985 | 0.648853 | 0.778605 | 1.008473 |
| Camarilla | 0.420206 | 0.453171 | 0.486136 | 0.519101 | 0.552066 | 0.585031 | 0.617997 |
| Woodie | -0.020329 | 0.084394 | 0.339291 | 0.444014 | 0.698911 | 0.803634 | 1.058531 |
| Fibonacci | 0.059365 | 0.196740 | 0.281610 | 0.418985 | 0.556360 | 0.641230 | 0.778605 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.078456 | 0.083306 | 0.087815 | 0.092665 | 0.097174 | 0.102024 | 0.106533 |
| Camarilla | 0.089750 | 0.090608 | 0.091466 | 0.092324 | 0.093182 | 0.094040 | 0.094898 |
| Woodie | 0.078286 | 0.083221 | 0.087645 | 0.092580 | 0.097004 | 0.101939 | 0.106363 |
| Fibonacci | 0.083306 | 0.086881 | 0.089090 | 0.092665 | 0.096240 | 0.098449 | 0.102024 |
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): | 44.59 | |
| MACD (12,26,9): | -0.0168 | |
| Directional Movement: | -9.588384 | |
| AROON (14): | -64.285714 | |
| DEMA (21): | 0.445702 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.418549 | |
| Elder Ray (13): | -0.007367 | |
| Super Trend (3,10): | 0.489900 | |
| Zig ZAG (10): | 0.459599 | |
| VORTEX (21): | 0.8378 | |
| Stochastique (14,3,5): | 38.24 | |
| TEMA (21): | 0.437222 | |
| Williams %R (14): | -55.09 | |
| Chande Momentum Oscillator (20): | -0.038172 | |
| Repulse (5,40,3): | 4.5437 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.4734 | |
| Courbe Coppock: | 20.80 |
| MA7: | 0.407073 | |
| MA20: | 0.239569 | |
| MA50: | 0.152047 | |
| MA100: | 0.123475 | |
| MAexp7: | 0.451265 | |
| MAexp20: | 0.467410 | |
| MAexp50: | 0.482824 | |
| MAexp100: | 0.457042 | |
| Price / MA7: | +11.03% | |
| Price / MA20: | +88.66% | |
| Price / MA50: | +197.26% | |
| Price / MA100: | +266.04% | |
| Price / MAexp7: | +0.16% | |
| Price / MAexp20: | -3.30% | |
| Price / MAexp50: | -6.39% | |
| Price / MAexp100: | -1.11% |
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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