DOGECOIN - DOGE/USD - 15 min. - Technical analysis published on 05/24/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 0.160340 USD
My targets
0.168605 USD (+1.48%)
0.177538 USD (+6.85%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DOGECOIN - DOGE/USD as long as the price remains well above 0.160340 USD. The buyers' bullish objective is set at 0.168605 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.177538 USD. If there is any crossing, the next objective would be the resistance located at 0.185803 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.1
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Additional analysis
Quotes
The DOGECOIN - DOGE/USD rating is 0.166151 USD. On the day, this instrument gained +4.06% and was traded between 0.155144 USD and 0.173210 USD over the period. The price is currently at +7.09% from its lowest and -4.08% from its highest.0.155144
0.173210
0.166151
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of DOGECOIN - DOGE/USD in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.154055 | 0.157256 | 0.161571 | 0.166151 | 0.169273 | 0.172522 | 0.174785 |
| Change (%) | -7.28% | -5.35% | -2.76% | - | +1.88% | +3.83% | +5.20% |
| Change | -0.012096 | -0.008895 | -0.004580 | - | +0.003122 | +0.006371 | +0.008634 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.134209 | 0.143142 | 0.151407 | 0.160340 | 0.168605 | 0.177538 | 0.185803 |
| Camarilla | 0.154943 | 0.156519 | 0.158096 | 0.159672 | 0.161249 | 0.162825 | 0.164402 |
| Woodie | 0.133875 | 0.142975 | 0.151073 | 0.160173 | 0.168271 | 0.177371 | 0.185469 |
| Fibonacci | 0.143142 | 0.149712 | 0.153770 | 0.160340 | 0.166910 | 0.170968 | 0.177538 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.115764 | 0.125774 | 0.139218 | 0.149228 | 0.162672 | 0.172682 | 0.186126 |
| Camarilla | 0.146211 | 0.148361 | 0.150511 | 0.152661 | 0.154811 | 0.156961 | 0.159111 |
| Woodie | 0.117480 | 0.126633 | 0.140934 | 0.150087 | 0.164388 | 0.173541 | 0.187842 |
| Fibonacci | 0.125774 | 0.134734 | 0.140269 | 0.149228 | 0.158188 | 0.163723 | 0.172682 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.025344 | 0.077252 | 0.105280 | 0.157188 | 0.185216 | 0.237124 | 0.265152 |
| Camarilla | 0.111326 | 0.118653 | 0.125981 | 0.133308 | 0.140636 | 0.147963 | 0.155290 |
| Woodie | 0.013404 | 0.071282 | 0.093340 | 0.151218 | 0.173276 | 0.231154 | 0.253212 |
| Fibonacci | 0.077252 | 0.107788 | 0.126652 | 0.157188 | 0.187724 | 0.206588 | 0.237124 |
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): | 52.49 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 8.277121 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.165506 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.166056 | |
| Elder Ray (13): | 0.000346 | |
| Super Trend (3,10): | 0.161624 | |
| Zig ZAG (10): | 0.164646 | |
| VORTEX (21): | 1.0332 | |
| Stochastique (14,3,5): | 37.51 | |
| TEMA (21): | 0.165127 | |
| Williams %R (14): | -48.31 | |
| Chande Momentum Oscillator (20): | 0.001067 | |
| Repulse (5,40,3): | 0.6524 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0579 | |
| Courbe Coppock: | 1.14 |
| MA7: | 0.161068 | |
| MA20: | 0.153627 | |
| MA50: | 0.158305 | |
| MA100: | 0.152488 | |
| MAexp7: | 0.164967 | |
| MAexp20: | 0.164864 | |
| MAexp50: | 0.163525 | |
| MAexp100: | 0.162599 | |
| Price / MA7: | +3.16% | |
| Price / MA20: | +8.15% | |
| Price / MA50: | +4.96% | |
| Price / MA100: | +8.96% | |
| Price / MAexp7: | +0.72% | |
| Price / MAexp20: | +0.78% | |
| Price / MAexp50: | +1.61% | |
| Price / MAexp100: | +2.18% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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