DOGECOIN - DOGE/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
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Type:	Cryptocurrencies
Ticker:	DOGEUSD
ISIN:

DOGECOIN - DOGE/USD - 1H - Technical analysis published on 05/16/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

28%

33%

39%

My opinion

Bullish above 0.150818 USD

My targets

0.157283 USD (+1.36%)

0.172522 USD (+11.19%)

My analysis

The bullish trend is currently very strong on DOGECOIN - DOGE/USD. As long as the price remains above the support at 0.150818 USD, you could try to benefit from the boom. The first bullish objective is located at 0.157283 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.172522 USD as an objective. Crossing it would then enable buyers to target 0.202727 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 are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

5.9

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

Additional analysis

Quotes

DOGECOIN - DOGE/USD rating 0.155166 USD. The price is lower by -0.13% since the last closing and was traded between 0.153504 USD and 0.159239 USD over the period. The price is currently at +1.08% from its lowest and -2.56% from its highest.

0.153504

0.159239

0.155166

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

Technical

Technical analysis of this 1H chart of DOGECOIN - DOGE/USD indicates that the overall trend is strongly bullish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.142079	0.150818	0.154596	0.155166	0.157283	0.172522	0.202727
Change (%)	-8.43%	-2.80%	-0.37%	-	+1.36%	+11.19%	+30.65%
Change	-0.013087	-0.004348	-0.000570	-	+0.002117	+0.017356	+0.047561
Level	Major	Minor	Minor	-	Intermediate	Major	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.135487	0.140187	0.147778	0.152478	0.160069	0.164769	0.172360
Camarilla	0.151988	0.153115	0.154241	0.155368	0.156495	0.157621	0.158748
Woodie	0.136932	0.140910	0.149223	0.153201	0.161514	0.165492	0.173805
Fibonacci	0.140187	0.144883	0.147783	0.152478	0.157174	0.160074	0.164769

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.106369	0.124165	0.133547	0.151343	0.160725	0.178521	0.187903
Camarilla	0.135455	0.137946	0.140438	0.142929	0.145420	0.147912	0.150403
Woodie	0.102162	0.122062	0.129340	0.149240	0.156518	0.176418	0.183696
Fibonacci	0.124165	0.134547	0.140961	0.151343	0.161725	0.168139	0.178521

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.011440	0.070300	0.101804	0.160664	0.192168	0.251028	0.282532
Camarilla	0.108458	0.116741	0.125025	0.133308	0.141591	0.149875	0.158158
Woodie	-0.002238	0.063461	0.088126	0.153825	0.178490	0.244189	0.268854
Fibonacci	0.070300	0.104819	0.126145	0.160664	0.195183	0.216509	0.251028

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):	57.62
MACD (12,26,9):	0.0016
Directional Movement:	17.028715
AROON (14):	64.285714
DEMA (21):	0.156630
Parabolic SAR (0,02-0,02-0,2):	0.154055
Elder Ray (13):	0.000438
Super Trend (3,10):	0.150293
Zig ZAG (10):	0.155092
VORTEX (21):	1.1536
Stochastique (14,3,5):	51.61
TEMA (21):	0.156985
Williams %R (14):	-64.02
Chande Momentum Oscillator (20):	-0.001160
Repulse (5,40,3):	-0.8109
ROCnROLL:	-1
TRIX (15,9):	0.1813
Courbe Coppock:	3.75

MA7:	0.147478
MA20:	0.146710
MA50:	0.164654
MA100:	0.146246
MAexp7:	0.155719
MAexp20:	0.154372
MAexp50:	0.151619
MAexp100:	0.149663
Price / MA7:	+5.21%
Price / MA20:	+5.76%
Price / MA50:	-5.76%
Price / MA100:	+6.10%
Price / MAexp7:	-0.36%
Price / MAexp20:	+0.51%
Price / MAexp50:	+2.34%
Price / MAexp100:	+3.68%

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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