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 11/03/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

39%

28%

33%

My opinion

Bullish above 0.142079 USD

My targets

0.162948 USD (+7.32%)

0.172799 USD (+13.81%)

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 0.142079 USD. The next resistance located at 0.162948 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 0.172799 USD. After this resistance, buyers could then target 0.220099 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, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

6.4

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 Bogo1976. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DOGECOIN - DOGE/USD rating is 0.151836 USD. On the day, this instrument lost -4.81% and was between 0.148218 USD and 0.160161 USD. This implies that the price is at +2.44% from its lowest and at -5.20% from its highest.

0.148218

0.160161

0.151836

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this DOGECOIN - DOGE/USD chart shows a strongly 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 market scanner is currently detecting a bearish signal that could impact this trend:

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

On the 18 technical indicators analysed, 7 are bullish, 6 are neutral and 5 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.104318	0.111365	0.142079	0.151836	0.162948	0.172799	0.220099
Change (%)	-31.30%	-26.65%	-6.43%	-	+7.32%	+13.81%	+44.96%
Change	-0.047518	-0.040471	-0.009757	-	+0.011112	+0.020963	+0.068263
Level	Intermediate	Minor	Major	-	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	0.146718	0.151108	0.155308	0.159698	0.163898	0.168288	0.172488
Camarilla	0.157147	0.157934	0.158722	0.159509	0.160296	0.161084	0.161871
Woodie	0.146624	0.151061	0.155214	0.159651	0.163804	0.168241	0.172394
Fibonacci	0.151108	0.154389	0.156416	0.159698	0.162979	0.165006	0.168288

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.092809	0.114290	0.136899	0.158380	0.180989	0.202470	0.225079
Camarilla	0.147384	0.151426	0.155467	0.159509	0.163551	0.167592	0.171634
Woodie	0.093374	0.114572	0.137464	0.158662	0.181554	0.202752	0.225644
Fibonacci	0.114290	0.131132	0.141537	0.158380	0.175222	0.185627	0.202470

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.036293	0.068697	0.115052	0.147456	0.193811	0.226215	0.272570
Camarilla	0.139748	0.146968	0.154187	0.161407	0.168627	0.175846	0.183066
Woodie	0.043269	0.072185	0.122028	0.150944	0.200787	0.229703	0.279546
Fibonacci	0.068697	0.098783	0.117370	0.147456	0.177542	0.196129	0.226215

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	57.34
MACD (12,26,9):	0.0112
Directional Movement:	11.189224
AROON (14):	28.571428
DEMA (21):	0.160590
Parabolic SAR (0,02-0,02-0,2):	0.138072
Elder Ray (13):	0.002244
Super Trend (3,10):	0.136216
Zig ZAG (10):	0.151563
VORTEX (21):	1.1556
Stochastique (14,3,5):	55.41
TEMA (21):	0.164798
Williams %R (14):	-54.56
Chande Momentum Oscillator (20):	0.011962
Repulse (5,40,3):	-7.0178
ROCnROLL:	-1
TRIX (15,9):	1.2796
Courbe Coppock:	37.07

MA7:	0.162533
MA20:	0.145594
MA50:	0.124166
MA100:	0.114638
MAexp7:	0.156663
MAexp20:	0.146021
MAexp50:	0.130644
MAexp100:	0.124383
Price / MA7:	-6.58%
Price / MA20:	+4.29%
Price / MA50:	+22.28%
Price / MA100:	+32.45%
Price / MAexp7:	-3.08%
Price / MAexp20:	+3.98%
Price / MAexp50:	+16.22%
Price / MAexp100:	+22.07%

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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