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 12/26/2024 (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

83%

11%

My opinion

Bullish above 0.327616 USD

My targets

0.340385 USD (+2.00%)

0.362635 USD (+8.67%)

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 0.327616 USD. The buyers' bullish objective is set at 0.340385 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.362635 USD. If there is any crossing, the next objective would be the resistance located at 0.378187 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

8.6

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 0.333715 USD. The price registered a decrease of -0.13% on the session with the lowest point at 0.331610 USD and the highest point at 0.338122 USD. The deviation from the price is +0.63% for the low point and -1.30% for the high point.

0.331610

0.338122

0.333715

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in 1H of this DOGECOIN - DOGE/USD chart shows a strongly bullish trend. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

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:

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

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	0.302489	0.314485	0.327616	0.333715	0.340385	0.378187	0.394364
Change (%)	-9.36%	-5.76%	-1.83%	-	+2.00%	+13.33%	+18.17%
Change	-0.031226	-0.019230	-0.006099	-	+0.006670	+0.044472	+0.060649
Level	Intermediate	Minor	Intermediate	-	Major	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.307743	0.316818	0.325475	0.334550	0.343207	0.352282	0.360939
Camarilla	0.329256	0.330881	0.332507	0.334132	0.335757	0.337383	0.339008
Woodie	0.307534	0.316714	0.325266	0.334446	0.342998	0.352178	0.360730
Fibonacci	0.316818	0.323592	0.327776	0.334550	0.341324	0.345508	0.352282

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.096970	0.179472	0.249829	0.332331	0.402688	0.485190	0.555547
Camarilla	0.278149	0.292161	0.306173	0.320185	0.334197	0.348209	0.362221
Woodie	0.090897	0.176436	0.243756	0.329295	0.396615	0.482154	0.549474
Fibonacci	0.179472	0.237865	0.273939	0.332331	0.390724	0.426798	0.485190

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.050006	0.067801	0.244828	0.362635	0.539662	0.657469	0.834496
Camarilla	0.340775	0.367801	0.394828	0.421854	0.448881	0.475907	0.502933
Woodie	-0.020397	0.082606	0.274437	0.377440	0.569271	0.672274	0.864105
Fibonacci	0.067801	0.180428	0.250009	0.362635	0.475262	0.544843	0.657469

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):	62.06
MACD (12,26,9):	0.0010
Directional Movement:	12.824207
AROON (14):	-42.857143
DEMA (21):	0.333599
Parabolic SAR (0,02-0,02-0,2):	0.325893
Elder Ray (13):	0.002858
Super Trend (3,10):	0.323403
Zig ZAG (10):	0.336710
VORTEX (21):	1.0272
Stochastique (14,3,5):	59.76
TEMA (21):	0.332947
Williams %R (14):	-16.94
Chande Momentum Oscillator (20):	0.005042
Repulse (5,40,3):	0.2055
ROCnROLL:	1
TRIX (15,9):	0.0283
Courbe Coppock:	0.29

MA7:	0.325712
MA20:	0.375598
MA50:	0.376250
MA100:	0.252414
MAexp7:	0.332800
MAexp20:	0.332121
MAexp50:	0.329352
MAexp100:	0.328844
Price / MA7:	+2.46%
Price / MA20:	-11.15%
Price / MA50:	-11.30%
Price / MA100:	+32.21%
Price / MAexp7:	+0.27%
Price / MAexp20:	+0.48%
Price / MAexp50:	+1.32%
Price / MAexp100:	+1.48%

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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