STELLAR (X100) - XLM/BTC - Daily - Technical analysis published on 02/04/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bearish
Technical indicators
39%
28%
33%
My opinion
Bullish above 0.000629 BTC
My targets
0.000724 BTC (+6.31%)
0.000759 BTC (+11.45%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for STELLAR (X100) - XLM/BTC as long as the price remains well above 0.000629 BTC. The buyers” bullish objective is set at 0.000724 BTC. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.000759 BTC. If there is any crossing, the next objective would be the resistance located at 0.000816 BTC. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 0.000724 BTC. On this resistance, against the trend traders who would like to go short on STELLAR (X100) - XLM/BTC with a bearish signal from their trading strategy, should not hesitate to act.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
FORCE
0
10
1.1
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This analysis was given by a1td. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The STELLAR (X100) - XLM/BTC price is 0.000681 BTC. The price registered an increase of -1.45% on the session and was traded between 0.000677 BTC and 0.000694 BTC over the period. The price is currently at +0.59% from its lowest and -1.87% from its highest.0.000677
0.000694
0.000681
Here is a more detailed summary of the historical variations registered by STELLAR (X100) - XLM/BTC:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of STELLAR (X100) - XLM/BTC in Daily shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
On the 18 technical indicators analysed, 7 are bullish, 6 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
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:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.000587 | 0.000629 | 0.000678 | 0.000681 | 0.000724 | 0.000759 | 0.000816 |
| Change (%) | -13.80% | -7.64% | -0.44% | - | +6.31% | +11.45% | +19.82% |
| Change | -0.000094 | -0.000052 | -0.000003 | - | +0.000043 | +0.000078 | +0.000135 |
| Level | Intermediate | Minor | Major | - | Intermediate | Minor | Intermediate |
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 | 0.000663 | 0.000669 | 0.000680 | 0.000686 | 0.000697 | 0.000703 | 0.000714 |
| Camarilla | 0.000686 | 0.000688 | 0.000689 | 0.000691 | 0.000693 | 0.000694 | 0.000696 |
| Woodie | 0.000666 | 0.000670 | 0.000683 | 0.000687 | 0.000700 | 0.000704 | 0.000717 |
| Fibonacci | 0.000669 | 0.000676 | 0.000680 | 0.000686 | 0.000693 | 0.000697 | 0.000703 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000597 | 0.000621 | 0.000642 | 0.000666 | 0.000687 | 0.000711 | 0.000732 |
| Camarilla | 0.000650 | 0.000654 | 0.000658 | 0.000662 | 0.000666 | 0.000670 | 0.000674 |
| Woodie | 0.000595 | 0.000620 | 0.000640 | 0.000665 | 0.000685 | 0.000710 | 0.000730 |
| Fibonacci | 0.000621 | 0.000639 | 0.000649 | 0.000666 | 0.000684 | 0.000694 | 0.000711 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000385 | 0.000479 | 0.000563 | 0.000657 | 0.000741 | 0.000835 | 0.000919 |
| Camarilla | 0.000598 | 0.000614 | 0.000631 | 0.000647 | 0.000663 | 0.000680 | 0.000696 |
| Woodie | 0.000380 | 0.000477 | 0.000558 | 0.000655 | 0.000736 | 0.000833 | 0.000914 |
| Fibonacci | 0.000479 | 0.000547 | 0.000589 | 0.000657 | 0.000725 | 0.000767 | 0.000835 |
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): | 54.31 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 14.637282 | |
| AROON (14): | -78.571426 | |
| DEMA (21): | 0.000675 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000727 | |
| Elder Ray (13): | 0.000016 | |
| Super Trend (3,10): | 0.000606 | |
| Zig ZAG (10): | 0.000680 | |
| VORTEX (21): | 1.1342 | |
| Stochastique (14,3,5): | 39.49 | |
| TEMA (21): | 0.000683 | |
| Williams %R (14): | -58.02 | |
| Chande Momentum Oscillator (20): | -0.000012 | |
| Repulse (5,40,3): | -0.0911 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1842 | |
| Courbe Coppock: | 4.04 |
| MA7: | 0.000668 | |
| MA20: | 0.000677 | |
| MA50: | 0.000643 | |
| MA100: | 0.000713 | |
| MAexp7: | 0.000674 | |
| MAexp20: | 0.000666 | |
| MAexp50: | 0.000668 | |
| MAexp100: | 0.000696 | |
| Price / MA7: | +1.95% | |
| Price / MA20: | +0.59% | |
| Price / MA50: | +5.91% | |
| Price / MA100: | -4.49% | |
| Price / MAexp7: | +1.04% | |
| Price / MAexp20: | +2.25% | |
| Price / MAexp50: | +1.95% | |
| Price / MAexp100: | -2.16% |
This member declared not having a position on this financial instrument or a related financial instrument.
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