DOGECOIN (X1000) - DOGE/BTC

- BTC (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	DOGEBTC
ISIN:

DOGECOIN (X1000) - DOGE/BTC - Daily - Technical analysis published on 11/02/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

56%

28%

My opinion

Bearish under 0.002071 BTC

My targets

0.001635 BTC (-16.26%)

0.001382 BTC (-29.19%)

My analysis

DOGECOIN (X1000) - DOGE/BTC is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.002071 BTC. The next support located at 0.001635 BTC is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.001382 BTC. Below this support, sellers could then target 0.000193 BTC. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

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

Additional analysis

Quotes

DOGECOIN (X1000) - DOGE/BTC rating 0.001952 BTC. The price registered an increase of +0.57% on the session and was traded between 0.001940 BTC and 0.002008 BTC over the period. The price is currently at +0.62% from its lowest and -2.79% from its highest.

0.001940

0.002008

0.001952

Here is a more detailed summary of the historical variations registered by DOGECOIN (X1000) - DOGE/BTC:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of DOGECOIN (X1000) - DOGE/BTC in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 10 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.000193	0.001952	0.001969	0.002071	0.002299
Change (%)	-90.11%	-	+0.87%	+6.10%	+17.78%
Change	-0.001759	-	+0.000017	+0.000119	+0.000347
Level	Major	-	Major	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.001833	0.001876	0.001909	0.001952	0.001985	0.002028	0.002061
Camarilla	0.001920	0.001927	0.001934	0.001941	0.001948	0.001955	0.001962
Woodie	0.001827	0.001874	0.001903	0.001950	0.001979	0.002026	0.002055
Fibonacci	0.001876	0.001905	0.001923	0.001952	0.001981	0.001999	0.002028

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.001561	0.001724	0.001872	0.002035	0.002183	0.002346	0.002494
Camarilla	0.001935	0.001963	0.001992	0.002020	0.002049	0.002077	0.002106
Woodie	0.001554	0.001720	0.001865	0.002031	0.002176	0.002342	0.002487
Fibonacci	0.001724	0.001843	0.001916	0.002035	0.002154	0.002227	0.002346

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.001382	0.001635	0.001805	0.002058	0.002228	0.002481	0.002651
Camarilla	0.001860	0.001899	0.001937	0.001976	0.002015	0.002054	0.002092
Woodie	0.001342	0.001614	0.001765	0.002037	0.002188	0.002460	0.002611
Fibonacci	0.001635	0.001796	0.001896	0.002058	0.002219	0.002319	0.002481

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	36.13
MACD (12,26,9):	-0.0001
Directional Movement:	-7.282980
AROON (14):	21.428571
DEMA (21):	0.001958
Parabolic SAR (0,02-0,02-0,2):	0.002192
Elder Ray (13):	-0.000035
Super Trend (3,10):	0.002189
Zig ZAG (10):	0.001952
VORTEX (21):	0.8846
Stochastique (14,3,5):	22.29
TEMA (21):	0.001951
Williams %R (14):	-79.10
Chande Momentum Oscillator (20):	-0.000098
Repulse (5,40,3):	-4.0149
ROCnROLL:	2
TRIX (15,9):	-0.4125
Courbe Coppock:	10.10

MA7:	0.001986
MA20:	0.002042
MA50:	0.002174
MA100:	0.002329
MAexp7:	0.001984
MAexp20:	0.002041
MAexp50:	0.002151
MAexp100:	0.002266
Price / MA7:	-1.71%
Price / MA20:	-4.41%
Price / MA50:	-10.21%
Price / MA100:	-16.19%
Price / MAexp7:	-1.61%
Price / MAexp20:	-4.36%
Price / MAexp50:	-9.25%
Price / MAexp100:	-13.86%

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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