DOGECOIN - DOGE/USD

- USD (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	DOGEUSD
ISIN:

DOGECOIN - DOGE/USD - Daily - Technical analysis published on 03/30/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 0.182081 USD

My targets

0.235915 USD (+17.78%)

0.300463 USD (+50.01%)

My analysis

The bullish trend is currently very strong on DOGECOIN - DOGE/USD. As long as the price remains above the support at 0.182081 USD, you could try to benefit from the boom. The first bullish objective is located at 0.235915 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.300463 USD as an objective. Crossing it would then enable buyers to target 0.340700 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

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 Ralhosni. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DOGECOIN - DOGE/USD rating is 0.200295 USD. On the day, this instrument lost -6.01% with the lowest point at 0.196788 USD and the highest point at 0.217111 USD. The deviation from the price is +1.78% for the low point and -7.75% for the high point.

0.196788

0.217111

0.200295

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of DOGECOIN - DOGE/USD in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

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 : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.172151	0.182081	0.196483	0.200295	0.300463	0.340700	0.689046
Change (%)	-14.05%	-9.09%	-1.90%	-	+50.01%	+70.10%	+244.02%
Change	-0.028144	-0.018214	-0.003812	-	+0.100168	+0.140405	+0.488751
Level	Major	Major	Minor	-	Intermediate	Intermediate	Major

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	0.188733	0.198243	0.205674	0.215184	0.222615	0.232125	0.239556
Camarilla	0.208447	0.210000	0.211553	0.213106	0.214659	0.216212	0.217765
Woodie	0.187695	0.197723	0.204636	0.214664	0.221577	0.231605	0.238518
Fibonacci	0.198243	0.204714	0.208712	0.215184	0.221655	0.225653	0.232125

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.079324	0.101080	0.131521	0.153277	0.183718	0.205474	0.235915
Camarilla	0.147607	0.152392	0.157176	0.161961	0.166746	0.171531	0.176315
Woodie	0.083666	0.103251	0.135863	0.155448	0.188060	0.207645	0.240257
Fibonacci	0.101080	0.121020	0.133338	0.153277	0.173217	0.185535	0.205474

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.030481	0.054914	0.086163	0.110596	0.141845	0.166278	0.197527
Camarilla	0.102101	0.107205	0.112309	0.117413	0.122517	0.127621	0.132726
Woodie	0.033890	0.056618	0.089572	0.112300	0.145254	0.167982	0.200936
Fibonacci	0.054914	0.076184	0.089325	0.110596	0.131866	0.145007	0.166278

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):	62.34
MACD (12,26,9):	0.0177
Directional Movement:	18.582593
AROON (14):	57.142857
DEMA (21):	0.195843
Parabolic SAR (0,02-0,02-0,2):	0.167040
Elder Ray (13):	0.024296
Super Trend (3,10):	0.153520
Zig ZAG (10):	0.199338
VORTEX (21):	1.0762
Stochastique (14,3,5):	83.12
TEMA (21):	0.200169
Williams %R (14):	-27.99
Chande Momentum Oscillator (20):	0.055757
Repulse (5,40,3):	-1.9942
ROCnROLL:	1
TRIX (15,9):	1.3929
Courbe Coppock:	46.37

MA7:	0.193879
MA20:	0.170421
MA50:	0.135662
MA100:	0.109476
MAexp7:	0.194077
MAexp20:	0.173483
MAexp50:	0.145551
MAexp100:	0.122169
Price / MA7:	+3.31%
Price / MA20:	+17.53%
Price / MA50:	+47.64%
Price / MA100:	+82.96%
Price / MAexp7:	+3.20%
Price / MAexp20:	+15.46%
Price / MAexp50:	+37.61%
Price / MAexp100:	+63.95%

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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