DOGECOIN - DOGE/USD - 1H - Technical analysis published on 02/17/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
28%
61%
11%
My opinion
Bearish under 0.269987 USD
My targets
0.260441 USD (-1.44%)
0.253135 USD (-4.20%)
My analysis
In the short term, we can see an acceleration in the bearish trend on DOGECOIN - DOGE/USD, which is a positive signal for sellers. As long as the price remains above 0.269987 USD, a sale could be considered. The first bearish objective is located at 0.260441 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.253135 USD as an objective. Crossing it would then enable sellers to target 0.239802 USD. If the price were to return above 0.269987 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.4
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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 0.264237 USD. The price is lower by -0.50% since the last closing and was between 0.258471 USD and 0.269148 USD. This implies that the price is at +2.23% from its lowest and at -1.82% from its highest.0.258471
0.269148
0.264237
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DOGECOIN - DOGE/USD:
Technical
A technical analysis in 1H of this DOGECOIN - DOGE/USD chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 2 are neutral and 11 are bearish. The Central Indicators scanner found this result concerning these indicators:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.239802 | 0.253135 | 0.260441 | 0.264237 | 0.269987 | 0.274921 | 0.286389 |
| Change (%) | -9.25% | -4.20% | -1.44% | - | +2.18% | +4.04% | +8.38% |
| Change | -0.024435 | -0.011102 | -0.003796 | - | +0.005750 | +0.010684 | +0.022152 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Minor | Major |
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 | 0.250007 | 0.256679 | 0.261124 | 0.267796 | 0.272241 | 0.278913 | 0.283358 |
| Camarilla | 0.262511 | 0.263530 | 0.264549 | 0.265568 | 0.266587 | 0.267606 | 0.268625 |
| Woodie | 0.248893 | 0.256122 | 0.260010 | 0.267239 | 0.271127 | 0.278356 | 0.282244 |
| Fibonacci | 0.256679 | 0.260926 | 0.263550 | 0.267796 | 0.272043 | 0.274667 | 0.278913 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.198695 | 0.219248 | 0.245282 | 0.265835 | 0.291869 | 0.312422 | 0.338456 |
| Camarilla | 0.258504 | 0.262774 | 0.267045 | 0.271315 | 0.275586 | 0.279856 | 0.284126 |
| Woodie | 0.201435 | 0.220618 | 0.248022 | 0.267205 | 0.294609 | 0.313792 | 0.341196 |
| Fibonacci | 0.219248 | 0.237045 | 0.248039 | 0.265835 | 0.283632 | 0.294626 | 0.312422 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.148309 | 0.226831 | 0.277843 | 0.356365 | 0.407377 | 0.485899 | 0.536911 |
| Camarilla | 0.293234 | 0.305108 | 0.316982 | 0.328856 | 0.340730 | 0.352604 | 0.364478 |
| Woodie | 0.134555 | 0.219954 | 0.264089 | 0.349488 | 0.393623 | 0.479022 | 0.523157 |
| Fibonacci | 0.226831 | 0.276313 | 0.306883 | 0.356365 | 0.405847 | 0.436417 | 0.485899 |
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): | 37.95 | |
| MACD (12,26,9): | -0.0021 | |
| Directional Movement: | -17.888262 | |
| AROON (14): | -50.000000 | |
| DEMA (21): | 0.262548 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.266932 | |
| Elder Ray (13): | -0.001841 | |
| Super Trend (3,10): | 0.270533 | |
| Zig ZAG (10): | 0.263148 | |
| VORTEX (21): | 0.8867 | |
| Stochastique (14,3,5): | 29.39 | |
| TEMA (21): | 0.261798 | |
| Williams %R (14): | -52.40 | |
| Chande Momentum Oscillator (20): | -0.004461 | |
| Repulse (5,40,3): | 1.0324 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1011 | |
| Courbe Coppock: | 2.66 |
| MA7: | 0.264583 | |
| MA20: | 0.273363 | |
| MA50: | 0.321679 | |
| MA100: | 0.352093 | |
| MAexp7: | 0.263207 | |
| MAexp20: | 0.265070 | |
| MAexp50: | 0.267608 | |
| MAexp100: | 0.266916 | |
| Price / MA7: | -0.13% | |
| Price / MA20: | -3.34% | |
| Price / MA50: | -17.86% | |
| Price / MA100: | -24.95% | |
| Price / MAexp7: | +0.39% | |
| Price / MAexp20: | -0.31% | |
| Price / MAexp50: | -1.26% | |
| Price / MAexp100: | -1.00% |
Quotes :
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Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
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