Stellar Stellar (XLM) Charts


   Stellar Price Data

Rank: #24 Price: $0.089103    0.4% Market Cap: $2.29B 24Hr Volume: $56.44M

   What is Stellar?

The Stellar network is an open source, distributed, and community owned network used to facilitate cross-asset transfers of value. Stellar aims to help facilitate cross-asset transfer of value at a fraction of a penny while aiming to be an open financial system that gives people of all income levels access to low-cost financial services. Stellar can handle exchanges between fiat-based currencies and between cryptocurrencies

This used to determine when the price is trending.

ADX values help identify the trends to trade. The values are also important for distinguishing between trending and non-trending conditions. ADX readings above 25 suggest that the trend is strong enough for trading. Conversely, when ADX is below 25, many will avoid trading.

ADX Value Trend Strength
0-25 Absent or Weak Trend
25-50 Strong Trend
50-75 Very Strong Trend
75-100 Extremely Strong Trend

Crossovers of the -DI and +DI lines can be used to generate trade signals.

If the +DI line crosses above the -DI line and the ADX is above 25, then that is a potential signal to buy. On the other hand, if the -DI crosses above the +DI, and the ADX is above 25, then that is an opportunity to enter a potential short trade.

Average True Range (ATR) is the average of true ranges over the specified period.

ATR measures volatility, taking into account any gaps in the price movement. Typically, the ATR calculation is based on 14 periods

An expanding ATR indicates increased volatility in the market, with the range of each bar getting larger. A reversal in price with an increase in ATR would indicate strength behind that move.

A low ATR value indicates a series of periods with small ranges (quiet days). These low ATR values are found during extended sideways price action, thus the lower volatility. A prolonged period of low ATR values may indicate a consolidation area and the possibility of a continuation move or reversal.

When the price breaks out of the upper Bollinger band, its a possible time to sell.
A strategy is that the price tends to always return to the middle of the Bollinger bands

Buy when the price hits or bounces on the lower Bollinger band

Sell when the price hits or bounces on the upper Bollinger band

Good in a sideways or ranging market

When the Bollinger bands 'squeeze' or contract, it means that the market is very quiet, and a big move is coming.

When the CCI moves above +100, a new, strong uptrend is beginning, signaling a buy.

When the CCI moves below −100, a new, strong downtrend is beginning, signaling a sell. Try to close the position on CCI rising above −100.

Look for overbought levels above +100 and oversold levels below -100. These CCI levels can be adjusted depending on the volatility of the coin.

For example, for a more volatile coin you can use +200 and -200.

When the Chaikin money flow indicator is below zero, it suggests the market is in a downtrend and when it is above zero, the indicator suggests an uptrend.

If the indicator rises above .20 or falls below -.20, it could suggest that the market is overbought or oversold.

An exponential moving average (EMA) is an average price calculation over a specific time period that puts more weight on the most recent price data, causing it to react faster to price change.

Use moving averages to help determine price trend & direction. It can also help determine entry and exit points when the lines cross.

The Hull Moving Average (HMA) is an extremely fast and smooth moving average. The HMA almost eliminates lag and manages to improve smoothing at the same time.

Used help spot trend reversals.

It has 2 moving averages (MACD and the Signal) and a line called a histogram that measures the distance between the 2 moving averages.

We can use the MACD to see when the moving average lines cross over, as this will usually signal a new trend and a time to enter or exit a trade.

The Money Flow Index (MFI) is a technical oscillator that uses price and volume data for identifying overbought or oversold signals in a coin.

It moves between 0 and 100. Unlike oscillators such as the Relative Strength Index (RSI), the Money Flow Index incorporates both price and volume data, as opposed to just price.

An Order Block is a technical analysis technique that tracks the accumulation of orders (when bullish) and distribution of orders (when bearish) of banks and institutional traders.
In other words, it is an area or an indication of where big institutions would pile up their orders to enter the market – their order blocks.

Often these blocks signal the beginning of a strong move, but there is a significant probability that these price levels will be revisited at a later point in time again.
Therefore these are interesting levels to place limit orders (Buy Orders for Bullish OB / Sell Orders for Bearish OB).

They bear some similarities to Supply and demand zones (Support and resistance), so you trade on the breakout or reversal

***This indicator is work in progress***

They're calculated based on the high, low, and closing prices of previous trading sessions, and they're used to predict support and resistance levels.

These support and resistance levels can be used by traders to determine entry and exit points, both for stop-losses and profit taking.

The simplest way to use pivot point levels in trading is to use them just like your regular support and resistance levels.

This is used to show a trend, and it also tries to forecast potential trend reversals. For example, If the parabolic line is green, you would follow the bullish trend

We also have buy signals when the lines go over and below the current price.

The Qualitative Quantitative Estimation (QQE) indicator works like a smoother version of the popular Relative Strength Index (RSI) indicator.

This indicator signifies if we suspect an imminent change of trend.

This is signified with the letter R and for a confirmed reversal, R+

When RSI (Relative Strength Index) is above 70, it means that the market is overbought, and we should look to sell.

When RSI is below 30, it means that the market is oversold, and we should look to buy.

Now there is the EMA (exponential moving average) that can indicate buying and selling opportunities when the line crosses the RSI

As with any chart, things are less prone to error, when zoomed out to high timeframes

Supertrend actually works better on a lower timeframe. It shows trend reversals and indicates when to get in or out of trades.

When the stochastic goes below 20, it is oversold, so we should look to buy

When it goes above 80, the market is overbought, and we should look to sell.

You can also get a signal of times to buy or sell based on the crossing of the two stochastic lines.

As with any chart, things are less prone to error, when zoomed out to high timeframes

Tenkan (blue) and Kijun (red) line indicators. When the Tenkan crosses above the Kijun is a bullish signal.

This can be an even stronger bullish signal if the Chikou Span (green) is above the price level.

The opposite is also true for selling positions. If the Tenkan crosses below the Kijun, it is a bearish signal.

This can be an even stronger bullish signal if the Chikou Span (green) is below the price level.

I do have another indicator that is triggered if we end up in the Kumo cloud (top and bottom span lines), but my chart library is lacking the ability to draw it.

For best viewing of this and the Ichimoku cloud, use Trading View.

This is a simple indicator that lets you know of a volume trend reversal with entry and exit points.

There is also a Volume Heatmap indicator showing volume. This can be used as a confirmation signal

There is also a Hawkeye Volume indicator showing if it is a good time to go long or short. This can be used as a confirmation signal

The volume-weighted average price (VWAP) is a technical analysis indicator used on intraday charts that resets every day

The Volume Weighted Average Price (VWAP) is, as the name suggests, is the average price of a stock weighted by the total trading volume.

It's a trading benchmark that represents the average price a security has traded at throughout the day, based on both volume and price.

VWAP is important because it provides traders with pricing insight into both the trend and value of a security.