DOGECOIN - DOGE/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	DOGEUSD
ISIN:

DOGECOIN - DOGE/USD - Daily - Technical analysis published on 04/02/2024 (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

44%

22%

33%

My opinion

Bullish above 0.172151 USD

My targets

0.196483 USD (+8.11%)

0.260174 USD (+43.16%)

My analysis

DOGECOIN - DOGE/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.172151 USD. The next resistance located at 0.196483 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.260174 USD. After this resistance, buyers could then target 0.300463 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

6.8

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 price is 0.181742 USD. The price registered a decrease of -11.40% on the session and was between 0.179857 USD and 0.205606 USD. This implies that the price is at +1.05% from its lowest and at -11.61% from its highest.

0.179857

0.205606

0.181742

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

Here is a more detailed summary of the historical variations registered by DOGECOIN - DOGE/USD:

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 scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.128788	0.142079	0.172151	0.181742	0.182081	0.196483	0.300463
Change (%)	-29.14%	-21.82%	-5.28%	-	+0.19%	+8.11%	+65.32%
Change	-0.052954	-0.039663	-0.009591	-	+0.000339	+0.014741	+0.118721
Level	Minor	Intermediate	Major	-	Major	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.171696	0.184349	0.194740	0.207393	0.217784	0.230437	0.240828
Camarilla	0.198794	0.200906	0.203019	0.205131	0.207243	0.209356	0.211468
Woodie	0.170565	0.183784	0.193609	0.206828	0.216653	0.229872	0.239697
Fibonacci	0.184349	0.193152	0.198590	0.207393	0.216196	0.221634	0.230437

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.097618	0.129737	0.164502	0.196621	0.231386	0.263505	0.298270
Camarilla	0.180873	0.187004	0.193135	0.199266	0.205397	0.211528	0.217659
Woodie	0.098940	0.130399	0.165824	0.197283	0.232708	0.264167	0.299592
Fibonacci	0.129737	0.155287	0.171072	0.196621	0.222171	0.237956	0.263505

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.036728	0.076873	0.148451	0.188596	0.260174	0.300319	0.371897
Camarilla	0.189305	0.199547	0.209788	0.220029	0.230270	0.240512	0.250753
Woodie	0.052445	0.084731	0.164168	0.196454	0.275891	0.308177	0.387614
Fibonacci	0.076873	0.119551	0.145918	0.188596	0.231274	0.257641	0.300319

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):	53.54
MACD (12,26,9):	0.0170
Directional Movement:	10.108791
AROON (14):	57.142857
DEMA (21):	0.202985
Parabolic SAR (0,02-0,02-0,2):	0.228741
Elder Ray (13):	0.003452
Super Trend (3,10):	0.153520
Zig ZAG (10):	0.183070
VORTEX (21):	1.0547
Stochastique (14,3,5):	75.15
TEMA (21):	0.205683
Williams %R (14):	-43.90
Chande Momentum Oscillator (20):	0.026915
Repulse (5,40,3):	-17.0719
ROCnROLL:	-1
TRIX (15,9):	1.5107
Courbe Coppock:	67.23

MA7:	0.204345
MA20:	0.174901
MA50:	0.142939
MA100:	0.112766
MAexp7:	0.196899
MAexp20:	0.180878
MAexp50:	0.152005
MAexp100:	0.126850
Price / MA7:	-11.06%
Price / MA20:	+3.91%
Price / MA50:	+27.15%
Price / MA100:	+61.17%
Price / MAexp7:	-7.70%
Price / MAexp20:	+0.48%
Price / MAexp50:	+19.56%
Price / MAexp100:	+43.27%

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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