DOGECOIN - DOGE/USDT - Weekly - Technical analysis published on 04/18/2024 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
44%
28%
28%
My opinion
Bullish above 0.101861 USDT
My targets
0.172700 USDT (+19.92%)
0.196500 USDT (+36.45%)
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/USDT as long as the price remains well above 0.101861 USDT. The buyers' bullish objective is set at 0.172700 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.196500 USDT. If there is any crossing, the next objective would be the resistance located at 0.299300 USDT. 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 are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
6.6
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This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DOGECOIN - DOGE/USDT price is 0.144011 USDT. Over 5 days, this instrument lost -17.26% and has been traded over the last 5 days between 0.140956 USDT and 0.168995 USDT. This implies that the 5 day price is +2.17% from its lowest point and -14.78% from its highest point.0.140956
0.168995
0.144011
Here is a more detailed summary of the historical variations registered by DOGECOIN - DOGE/USDT:
Technical
Technical analysis of DOGECOIN - DOGE/USDT in Weekly shows a strongly overall 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 scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Weekly
In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 5 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : Weekly
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.059063 | 0.101861 | 0.142100 | 0.144011 | 0.172700 | 0.196500 | 0.299300 |
| Change (%) | -58.99% | -29.27% | -1.33% | - | +19.92% | +36.45% | +107.83% |
| Change | -0.084948 | -0.042150 | -0.001911 | - | +0.028689 | +0.052489 | +0.155289 |
| Level | Intermediate | Intermediate | Major | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.127434 | 0.135919 | 0.141750 | 0.150235 | 0.156066 | 0.164551 | 0.170382 |
| Camarilla | 0.143644 | 0.144956 | 0.146269 | 0.147581 | 0.148893 | 0.150206 | 0.151518 |
| Woodie | 0.126107 | 0.135256 | 0.140423 | 0.149572 | 0.154739 | 0.163888 | 0.169055 |
| Fibonacci | 0.135919 | 0.141388 | 0.144766 | 0.150235 | 0.155704 | 0.159082 | 0.164551 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.041150 | 0.085983 | 0.119270 | 0.164103 | 0.197390 | 0.242223 | 0.275510 |
| Camarilla | 0.131075 | 0.138236 | 0.145397 | 0.152558 | 0.159719 | 0.166880 | 0.174041 |
| Woodie | 0.035378 | 0.083097 | 0.113498 | 0.161217 | 0.191618 | 0.239337 | 0.269738 |
| Fibonacci | 0.085983 | 0.115825 | 0.134261 | 0.164103 | 0.193945 | 0.212381 | 0.242223 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.037282 | 0.077266 | 0.148637 | 0.188621 | 0.259992 | 0.299976 | 0.371347 |
| Camarilla | 0.189385 | 0.199593 | 0.209801 | 0.220008 | 0.230216 | 0.240423 | 0.250631 |
| Woodie | 0.052976 | 0.085113 | 0.164331 | 0.196468 | 0.275686 | 0.307823 | 0.387041 |
| Fibonacci | 0.077266 | 0.119804 | 0.146083 | 0.188621 | 0.231159 | 0.257438 | 0.299976 |
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): | 56.04 | |
| MACD (12,26,9): | 0.0257 | |
| Directional Movement: | 16.141631 | |
| AROON (14): | 78.571429 | |
| DEMA (21): | 0.161202 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.226649 | |
| Elder Ray (13): | 0.010095 | |
| Super Trend (3,10): | 0.103817 | |
| Zig ZAG (10): | 0.144672 | |
| VORTEX (21): | 1.1113 | |
| Stochastique (14,3,5): | 58.88 | |
| TEMA (21): | 0.178264 | |
| Williams %R (14): | -55.04 | |
| Chande Momentum Oscillator (20): | 0.065122 | |
| Repulse (5,40,3): | -23.9778 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 3.3927 | |
| Courbe Coppock: | 194.36 |
| MA7: | 0.156708 | |
| MA20: | 0.180328 | |
| MA50: | 0.170630 | |
| MA100: | 0.126766 | |
| MAexp7: | 0.159800 | |
| MAexp20: | 0.130416 | |
| MAexp50: | 0.104492 | |
| MAexp100: | 0.098342 | |
| Price / MA7: | -8.10% | |
| Price / MA20: | -20.14% | |
| Price / MA50: | -15.60% | |
| Price / MA100: | +13.60% | |
| Price / MAexp7: | -9.88% | |
| Price / MAexp20: | +10.42% | |
| Price / MAexp50: | +37.82% | |
| Price / MAexp100: | +46.44% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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