DOGECOIN - DOGE/USDT - 1H - Technical analysis published on 01/28/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 0.078161 USDT
My targets
0.081740 USDT (+1.83%)
0.084822 USDT (+5.67%)
My analysis
DOGECOIN - DOGE/USDT 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 0.078161 USDT. The next resistance located at 0.081740 USDT 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 0.084822 USDT. After this resistance, buyers could then target 0.088861 USDT. 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, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
7
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This analysis was given by kathem389. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DOGECOIN - DOGE/USDT rating is 0.080274 USDT. The price registered an increase of +0.17% on the session and was traded between 0.079893 USDT and 0.081470 USDT over the period. The price is currently at +0.48% from its lowest and -1.47% from its highest.0.079893
0.081470
0.080274
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this DOGECOIN - DOGE/USDT 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 9 are bullish, 5 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.071824 | 0.074877 | 0.078161 | 0.080274 | 0.080403 | 0.081740 | 0.084822 |
| Change (%) | -10.53% | -6.72% | -2.63% | - | +0.16% | +1.83% | +5.67% |
| Change | -0.008450 | -0.005397 | -0.002113 | - | +0.000129 | +0.001466 | +0.004548 |
| Level | Minor | Minor | Major | - | Major | Minor | Minor |
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 | 0.077539 | 0.078283 | 0.079212 | 0.079956 | 0.080885 | 0.081629 | 0.082558 |
| Camarilla | 0.079682 | 0.079835 | 0.079989 | 0.080142 | 0.080295 | 0.080449 | 0.080602 |
| Woodie | 0.077633 | 0.078329 | 0.079306 | 0.080002 | 0.080979 | 0.081675 | 0.082652 |
| Fibonacci | 0.078283 | 0.078922 | 0.079317 | 0.079956 | 0.080595 | 0.080990 | 0.081629 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.059523 | 0.067779 | 0.073960 | 0.082216 | 0.088397 | 0.096653 | 0.102834 |
| Camarilla | 0.076172 | 0.077495 | 0.078819 | 0.080142 | 0.081465 | 0.082789 | 0.084112 |
| Woodie | 0.058487 | 0.067260 | 0.072924 | 0.081697 | 0.087361 | 0.096134 | 0.101798 |
| Fibonacci | 0.067779 | 0.073294 | 0.076701 | 0.082216 | 0.087731 | 0.091138 | 0.096653 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.060727 | 0.073583 | 0.081566 | 0.094422 | 0.102405 | 0.115261 | 0.123244 |
| Camarilla | 0.083817 | 0.085728 | 0.087638 | 0.089548 | 0.091458 | 0.093369 | 0.095279 |
| Woodie | 0.058290 | 0.072365 | 0.079129 | 0.093204 | 0.099968 | 0.114043 | 0.120807 |
| Fibonacci | 0.073583 | 0.081544 | 0.086462 | 0.094422 | 0.102383 | 0.107301 | 0.115261 |
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): | 53.68 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | 13.106804 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.080552 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.081470 | |
| Elder Ray (13): | -0.000055 | |
| Super Trend (3,10): | 0.079567 | |
| Zig ZAG (10): | 0.080280 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 48.24 | |
| TEMA (21): | 0.080605 | |
| Williams %R (14): | -59.87 | |
| Chande Momentum Oscillator (20): | 0.000440 | |
| Repulse (5,40,3): | -0.3872 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0453 | |
| Courbe Coppock: | 2.21 |
| MA7: | 0.079430 | |
| MA20: | 0.080840 | |
| MA50: | 0.086942 | |
| MA100: | 0.082074 | |
| MAexp7: | 0.080454 | |
| MAexp20: | 0.080198 | |
| MAexp50: | 0.079750 | |
| MAexp100: | 0.079557 | |
| Price / MA7: | +1.06% | |
| Price / MA20: | -0.70% | |
| Price / MA50: | -7.67% | |
| Price / MA100: | -2.19% | |
| Price / MAexp7: | -0.22% | |
| Price / MAexp20: | +0.09% | |
| Price / MAexp50: | +0.66% | |
| Price / MAexp100: | +0.90% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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