DOGECOIN - DOGE/USD
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 07/04/2020 (GMT)

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

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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

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This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

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.

Central Gaps

Bullish opening

Type : Bullish

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 result:

Central Records

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:

Central Indicators

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:

Central Indicators

Williams %R indicator is oversold : under -80

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:

Central Indicators

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


S3S2S1PriceR1R2R3
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
Standard0.0021740.0022190.0022830.0023280.0023920.0024370.002501
Camarilla0.0023170.0023270.0023370.0023470.0023570.0023670.002377
Woodie0.0021840.0022240.0022930.0023330.0024020.0024420.002511
Fibonacci0.0022190.0022610.0022860.0023280.0023700.0023950.002437


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0017760.0020010.0021260.0023510.0024760.0027010.002826
Camarilla0.0021550.0021870.0022190.0022510.0022830.0023150.002347
Woodie0.0017260.0019760.0020760.0023260.0024260.0026760.002776
Fibonacci0.0020010.0021350.0022170.0023510.0024850.0025670.002701


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0015570.0018910.0020880.0024220.0026190.0029530.003150
Camarilla0.0021380.0021870.0022350.0022840.0023330.0023810.002430
Woodie0.0014880.0018570.0020190.0023880.0025500.0029190.003081
Fibonacci0.0018910.0020940.0022200.0024220.0026250.0027510.002953

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.

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