DOGECOIN - DOGE/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	DOGEUSD
ISIN:

DOGECOIN - DOGE/USD - 1H - Technical analysis published on 07/27/2024 (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

50%

44%

My opinion

Bullish above 0.132999 USD

My targets

0.136068 USD (+1.39%)

0.142079 USD (+5.87%)

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 0.132999 USD. The buyers' bullish objective is set at 0.136068 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.142079 USD. If there is any crossing, the next objective would be the resistance located at 0.172984 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.1

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

The DOGECOIN - DOGE/USD rating is 0.134201 USD. The price has increased by +0.00% since the last closing and was between 0.132817 USD and 0.135118 USD. This implies that the price is at +1.04% from its lowest and at -0.68% from its highest.

0.132817

0.135118

0.134201

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

Technical

A technical analysis in 1H of this DOGECOIN - DOGE/USD chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.120097	0.127534	0.132999	0.134201	0.136068	0.142079	0.172984
Change (%)	-10.51%	-4.97%	-0.90%	-	+1.39%	+5.87%	+28.90%
Change	-0.014104	-0.006667	-0.001202	-	+0.001867	+0.007878	+0.038783
Level	Intermediate	Major	Minor	-	Intermediate	Major	Intermediate

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	0.117512	0.121282	0.127744	0.131514	0.137976	0.141746	0.148208
Camarilla	0.131391	0.132329	0.133267	0.134205	0.135143	0.136081	0.137019
Woodie	0.118857	0.121955	0.129089	0.132187	0.139321	0.142419	0.149553
Fibonacci	0.121282	0.125191	0.127606	0.131514	0.135423	0.137838	0.141746

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.092872	0.101897	0.118092	0.127117	0.143312	0.152337	0.168532
Camarilla	0.127352	0.129663	0.131975	0.134287	0.136599	0.138911	0.141223
Woodie	0.096457	0.103690	0.121677	0.128910	0.146897	0.154130	0.172117
Fibonacci	0.101897	0.111531	0.117483	0.127117	0.136751	0.142703	0.152337

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.071696	0.092802	0.108492	0.129598	0.145288	0.166394	0.182084
Camarilla	0.114063	0.117436	0.120809	0.124182	0.127555	0.130928	0.134301
Woodie	0.068988	0.091448	0.105784	0.128244	0.142580	0.165040	0.179376
Fibonacci	0.092802	0.106858	0.115542	0.129598	0.143654	0.152338	0.166394

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):	62.76
MACD (12,26,9):	0.0014
Directional Movement:	10.584152
AROON (14):	21.428571
DEMA (21):	0.135075
Parabolic SAR (0,02-0,02-0,2):	0.133122
Elder Ray (13):	0.000636
Super Trend (3,10):	0.130295
Zig ZAG (10):	0.134248
VORTEX (21):	1.1606
Stochastique (14,3,5):	80.63
TEMA (21):	0.135392
Williams %R (14):	-16.67
Chande Momentum Oscillator (20):	0.000357
Repulse (5,40,3):	0.1322
ROCnROLL:	1
TRIX (15,9):	0.1836
Courbe Coppock:	3.66

MA7:	0.132881
MA20:	0.122317
MA50:	0.124934
MA100:	0.139701
MAexp7:	0.134261
MAexp20:	0.133041
MAexp50:	0.131054
MAexp100:	0.130468
Price / MA7:	+0.99%
Price / MA20:	+9.72%
Price / MA50:	+7.42%
Price / MA100:	-3.94%
Price / MAexp7:	-0.04%
Price / MAexp20:	+0.87%
Price / MAexp50:	+2.40%
Price / MAexp100:	+2.86%

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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