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 03/28/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

17%

28%

My opinion

Bullish above 0.205474 USD

My targets

0.235915 USD (+8.38%)

0.300463 USD (+38.04%)

My analysis

The bullish trend is currently very strong on DOGECOIN - DOGE/USD. As long as the price remains above the support at 0.205474 USD, you could try to benefit from the boom. The first bullish objective is located at 0.235915 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.300463 USD as an objective. Crossing it would then enable buyers to target 0.340700 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

7.3

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

Additional analysis

Quotes

The DOGECOIN - DOGE/USD rating is 0.217669 USD. The price has increased by +14.33% since the last closing and was between 0.189131 USD and 0.228741 USD. This implies that the price is at +15.09% from its lowest and at -4.84% from its highest.

0.189131

0.228741

0.217669

The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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/USD:

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

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of DOGECOIN - DOGE/USD indicates that the overall trend is strongly bullish. 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.

An assessment of technical indicators shows a moderate bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish harami

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.182081	0.191178	0.196483	0.217669	0.300463	0.340700	0.689046
Change (%)	-16.35%	-12.17%	-9.73%	-	+38.04%	+56.52%	+216.56%
Change	-0.035588	-0.026491	-0.021186	-	+0.082794	+0.123031	+0.471377
Level	Major	Intermediate	Minor	-	Intermediate	Intermediate	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	0.169473	0.174268	0.182327	0.187122	0.195181	0.199976	0.208035
Camarilla	0.186850	0.188028	0.189207	0.190385	0.191563	0.192742	0.193920
Woodie	0.171104	0.175084	0.183958	0.187938	0.196812	0.200792	0.209666
Fibonacci	0.174268	0.179179	0.182212	0.187122	0.192033	0.195066	0.199976

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.079324	0.101080	0.131521	0.153277	0.183718	0.205474	0.235915
Camarilla	0.147607	0.152392	0.157176	0.161961	0.166746	0.171531	0.176315
Woodie	0.083666	0.103251	0.135863	0.155448	0.188060	0.207645	0.240257
Fibonacci	0.101080	0.121020	0.133338	0.153277	0.173217	0.185535	0.205474

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.030481	0.054914	0.086163	0.110596	0.141845	0.166278	0.197527
Camarilla	0.102101	0.107205	0.112309	0.117413	0.122517	0.127621	0.132726
Woodie	0.033890	0.056618	0.089572	0.112300	0.145254	0.167982	0.200936
Fibonacci	0.054914	0.076184	0.089325	0.110596	0.131866	0.145007	0.166278

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):	65.38
MACD (12,26,9):	0.0079
Directional Movement:	20.121838
AROON (14):	78.571429
DEMA (21):	0.223210
Parabolic SAR (0,02-0,02-0,2):	0.228489
Elder Ray (13):	0.002692
Super Trend (3,10):	0.204544
Zig ZAG (10):	0.219591
VORTEX (21):	1.1534
Stochastique (14,3,5):	73.56
TEMA (21):	0.225510
Williams %R (14):	-35.75
Chande Momentum Oscillator (20):	0.003749
Repulse (5,40,3):	-1.3276
ROCnROLL:	1
TRIX (15,9):	0.5859
Courbe Coppock:	18.53

MA7:	0.179779
MA20:	0.167231
MA50:	0.130636
MA100:	0.107212
MAexp7:	0.220031
MAexp20:	0.213068
MAexp50:	0.200943
MAexp100:	0.189962
Price / MA7:	+21.08%
Price / MA20:	+30.16%
Price / MA50:	+66.62%
Price / MA100:	+103.03%
Price / MAexp7:	-1.07%
Price / MAexp20:	+2.16%
Price / MAexp50:	+8.32%
Price / MAexp100:	+14.59%

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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