DOGECOIN - DOGE/USDT

- USDT (-)

- Real time data - Cryptocompare

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Change:	-
Volume:	-

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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	DOGEUSDT
ISIN:

DOGECOIN - DOGE/USDT - 1H - Technical analysis published on 12/07/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 0.440770 USDT

My targets

0.464985 USDT (+1.36%)

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 0.440770 USDT. The buyers' bullish objective is set at 0.464985 USDT. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.9

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 Hoodor1337. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DOGECOIN - DOGE/USDT price is 0.458727 USDT. On the day, this instrument gained +5.53% with the lowest point at 0.430741 USDT and the highest point at 0.466135 USDT. The deviation from the price is +6.50% for the low point and -1.59% for the high point.

0.430741

0.466135

0.458727

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following results:

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

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of DOGECOIN - DOGE/USDT in 1H 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 market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
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

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	0.416975	0.440770	0.456845	0.458727	0.464985
Change (%)	-9.10%	-3.91%	-0.41%	-	+1.36%
Change	-0.041752	-0.017957	-0.001882	-	+0.006258
Level	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	0.401322	0.410670	0.422676	0.432024	0.444030	0.453378	0.465384
Camarilla	0.428810	0.430767	0.432725	0.434682	0.436640	0.438597	0.440554
Woodie	0.402651	0.411335	0.424005	0.432689	0.445359	0.454043	0.466713
Fibonacci	0.410670	0.418827	0.423867	0.432024	0.440181	0.445221	0.453378

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.285733	0.325564	0.373577	0.413408	0.461421	0.501252	0.549265
Camarilla	0.397434	0.405486	0.413539	0.421591	0.429643	0.437696	0.445748
Woodie	0.289825	0.327610	0.377669	0.415454	0.465513	0.503298	0.553357
Fibonacci	0.325564	0.359120	0.379851	0.413408	0.446964	0.467695	0.501252

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.121400	0.010440	0.216015	0.347855	0.553430	0.685270	0.890845
Camarilla	0.328802	0.359732	0.390661	0.421591	0.452521	0.483450	0.514380
Woodie	-0.084532	0.028874	0.252884	0.366289	0.590299	0.703704	0.927714
Fibonacci	0.010440	0.139332	0.218962	0.347855	0.476747	0.556377	0.685270

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):	68.66
MACD (12,26,9):	0.0055
Directional Movement:	16.671733
AROON (14):	85.714286
DEMA (21):	0.453596
Parabolic SAR (0,02-0,02-0,2):	0.446583
Elder Ray (13):	0.007520
Super Trend (3,10):	0.439831
Zig ZAG (10):	0.458164
VORTEX (21):	1.1952
Stochastique (14,3,5):	92.82
TEMA (21):	0.456978
Williams %R (14):	-5.04
Chande Momentum Oscillator (20):	0.016010
Repulse (5,40,3):	1.4865
ROCnROLL:	1
TRIX (15,9):	0.1350
Courbe Coppock:	7.64

MA7:	0.432126
MA20:	0.412573
MA50:	0.293517
MA100:	0.200780
MAexp7:	0.454055
MAexp20:	0.446989
MAexp50:	0.440278
MAexp100:	0.434116
Price / MA7:	+6.16%
Price / MA20:	+11.19%
Price / MA50:	+56.29%
Price / MA100:	+128.47%
Price / MAexp7:	+1.03%
Price / MAexp20:	+2.63%
Price / MAexp50:	+4.19%
Price / MAexp100:	+5.67%

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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