DOGECOIN - DOGE/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

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

Type:	Cryptocurrencies
Ticker:	DOGEUSD
ISIN:

DOGECOIN - DOGE/USD - 1H - Technical analysis published on 12/07/2024 (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

78%

17%

My opinion

Bullish above 0.457363 USD

My targets

0.465563 USD (+0.73%)

0.503455 USD (+8.93%)

My analysis

The bullish trend is currently very strong on DOGECOIN - DOGE/USD. As long as the price remains above the support at 0.457363 USD, you could try to benefit from the boom. The first bullish objective is located at 0.465563 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.503455 USD as an objective. Crossing it would then enable buyers to target 0.689046 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 confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.4

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

Additional analysis

Quotes

DOGECOIN - DOGE/USD rating 0.462179 USD. The price registered an increase of +6.16% on the session with the lowest point at 0.431513 USD and the highest point at 0.466464 USD. The deviation from the price is +7.11% for the low point and -0.92% for the high point.

0.431513

0.466464

0.462179

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of DOGECOIN - DOGE/USD in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:

Bearish harami

Type : Bearish

Timeframe : 1 hour

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	0.420480	0.440546	0.457363	0.462179	0.465563	0.689046
Change (%)	-9.02%	-4.68%	-1.04%	-	+0.73%	+49.09%
Change	-0.041699	-0.021633	-0.004816	-	+0.003384	+0.226867
Level	Minor	Major	Minor	-	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	0.401227	0.410809	0.423092	0.432674	0.444957	0.454539	0.466822
Camarilla	0.429363	0.431367	0.433372	0.435376	0.437380	0.439385	0.441389
Woodie	0.402579	0.411484	0.424444	0.433349	0.446309	0.455214	0.468174
Fibonacci	0.410809	0.419161	0.424321	0.432674	0.441026	0.446186	0.454539

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.283813	0.324601	0.373240	0.414028	0.462667	0.503455	0.552094
Camarilla	0.397287	0.405484	0.413682	0.421879	0.430077	0.438274	0.446471
Woodie	0.287739	0.326564	0.377166	0.415991	0.466593	0.505418	0.556020
Fibonacci	0.324601	0.358762	0.379867	0.414028	0.448189	0.469294	0.503455

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.122651	0.009680	0.215780	0.348111	0.554211	0.686542	0.892642
Camarilla	0.328811	0.359833	0.390856	0.421879	0.452902	0.483925	0.514948
Woodie	-0.085768	0.028122	0.252664	0.366553	0.591095	0.704984	0.929526
Fibonacci	0.009680	0.138961	0.218831	0.348111	0.477392	0.557262	0.686542

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):	68.80
MACD (12,26,9):	0.0058
Directional Movement:	19.279788
AROON (14):	92.857143
DEMA (21):	0.455879
Parabolic SAR (0,02-0,02-0,2):	0.444359
Elder Ray (13):	0.007923
Super Trend (3,10):	0.440124
Zig ZAG (10):	0.460307
VORTEX (21):	1.1934
Stochastique (14,3,5):	84.38
TEMA (21):	0.459231
Williams %R (14):	-18.77
Chande Momentum Oscillator (20):	0.011585
Repulse (5,40,3):	0.6019
ROCnROLL:	1
TRIX (15,9):	0.1467
Courbe Coppock:	8.08

MA7:	0.432556
MA20:	0.413055
MA50:	0.293721
MA100:	0.200908
MAexp7:	0.455894
MAexp20:	0.448831
MAexp50:	0.441536
MAexp100:	0.435183
Price / MA7:	+6.85%
Price / MA20:	+11.89%
Price / MA50:	+57.35%
Price / MA100:	+130.05%
Price / MAexp7:	+1.38%
Price / MAexp20:	+2.97%
Price / MAexp50:	+4.68%
Price / MAexp100:	+6.20%

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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Londinia AI

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