DOGECOIN - DOGE/USD - 1H - Technical analysis published on 07/04/2020 (GMT)
- Who voted?
- 241
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bearish
Technical indicators
39%
6%
56%
My opinion
Bearish under 0.002370 USD
My targets
0.002265 USD (-1.91%)
0.002238 USD (-3.07%)
My analysis
In a bearish trend, the price of DOGECOIN - DOGE/USD tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 0.002370 USD. A bearish break in the support located at 0.002265 USD would revive the bearish momentum and fuel the basic trend. Then the price could move towards 0.002238 USD. Then 0.002174 USD by extension. It would be safer to wait for a bearish break in the support located at 0.002265 USD before allowing yourself to re trade short positions (for sale) on DOGECOIN - DOGE/USD. PS: if there is a bullish break in the resistance located at 0.002370 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0
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 AKOUSA. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DOGECOIN - DOGE/USD price is 0.002309 USD. The price is lower by -1.62% since the last closing and was traded between 0.002262 USD and 0.002384 USD over the period. The price is currently at +2.08% from its lowest and -3.15% from its highest.0.002262
0.002384
0.002309
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DOGECOIN - DOGE/USD:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of DOGECOIN - DOGE/USD in 1H shows an overall bearish trend. The signals given by moving averages are at 64.29% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.002174 | 0.002238 | 0.002265 | 0.002309 | 0.002370 | 0.002427 | 0.002496 |
Change (%) | -5.85% | -3.07% | -1.91% | - | +2.64% | +5.11% | +8.10% |
Change | -0.000135 | -0.000071 | -0.000044 | - | +0.000061 | +0.000118 | +0.000187 |
Level | Minor | Minor | Intermediate | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.002174 | 0.002219 | 0.002283 | 0.002328 | 0.002392 | 0.002437 | 0.002501 |
Camarilla | 0.002317 | 0.002327 | 0.002337 | 0.002347 | 0.002357 | 0.002367 | 0.002377 |
Woodie | 0.002184 | 0.002224 | 0.002293 | 0.002333 | 0.002402 | 0.002442 | 0.002511 |
Fibonacci | 0.002219 | 0.002261 | 0.002286 | 0.002328 | 0.002370 | 0.002395 | 0.002437 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.001776 | 0.002001 | 0.002126 | 0.002351 | 0.002476 | 0.002701 | 0.002826 |
Camarilla | 0.002155 | 0.002187 | 0.002219 | 0.002251 | 0.002283 | 0.002315 | 0.002347 |
Woodie | 0.001726 | 0.001976 | 0.002076 | 0.002326 | 0.002426 | 0.002676 | 0.002776 |
Fibonacci | 0.002001 | 0.002135 | 0.002217 | 0.002351 | 0.002485 | 0.002567 | 0.002701 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.001557 | 0.001891 | 0.002088 | 0.002422 | 0.002619 | 0.002953 | 0.003150 |
Camarilla | 0.002138 | 0.002187 | 0.002235 | 0.002284 | 0.002333 | 0.002381 | 0.002430 |
Woodie | 0.001488 | 0.001857 | 0.002019 | 0.002388 | 0.002550 | 0.002919 | 0.003081 |
Fibonacci | 0.001891 | 0.002094 | 0.002220 | 0.002422 | 0.002625 | 0.002751 | 0.002953 |
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): | 48.70 | |
MACD (12,26,9): | 0.0000 | |
Directional Movement: | 2.114544 | |
AROON (14): | 42.857140 | |
DEMA (21): | 0.002295 | |
Parabolic SAR (0,02-0,02-0,2): | 0.002268 | |
Elder Ray (13): | 0.000030 | |
Super Trend (3,10): | 0.002156 | |
Zig ZAG (10): | 0.002299 | |
VORTEX (21): | 1.0025 | |
Stochastique (14,3,5): | 23.89 | |
TEMA (21): | 0.002299 | |
Williams %R (14): | -33.33 | |
Chande Momentum Oscillator (20): | 0.000076 | |
Repulse (5,40,3): | -3.4364 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0022 | |
Courbe Coppock: | 2.38 |
MA7: | 0.002318 | |
MA20: | 0.002384 | |
MA50: | 0.002471 | |
MA100: | 0.002315 | |
MAexp7: | 0.002298 | |
MAexp20: | 0.002299 | |
MAexp50: | 0.002305 | |
MAexp100: | 0.002311 | |
Price / MA7: | -0.39% | |
Price / MA20: | -3.15% | |
Price / MA50: | -6.56% | |
Price / MA100: | -0.26% | |
Price / MAexp7: | +0.48% | |
Price / MAexp20: | +0.43% | |
Price / MAexp50: | +0.17% | |
Price / MAexp100: | -0.09% |
Quotes :
2020-07-04 19:37:09
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis DOGECOIN - DOGE/USD - 1H