DOGECOIN - DOGE/USD - 1H - Technical analysis published on 05/08/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
11%
56%
33%
My opinion
Bullish above 0.643863 USD
My targets
0.688389 USD (+3.08%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on DOGECOIN - DOGE/USD. As long as you are above the support located at 0.643863 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.688389 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. If the support 0.643863 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
1.8
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Additional analysis
Quotes
The DOGECOIN - DOGE/USD rating is 0.667804 USD. On the day, this instrument lost -3.08% with the lowest point at 0.631856 USD and the highest point at 0.735025 USD. The deviation from the price is +5.69% for the low point and -9.15% for the high point.0.631856
0.735025
0.667804
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
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 bullish. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.407632 | 0.512096 | 0.643863 | 0.667804 | 0.688389 |
| Change (%) | -38.96% | -23.32% | -3.59% | - | +3.08% |
| Change | -0.260172 | -0.155708 | -0.023941 | - | +0.020585 |
| Level | Major | Minor | 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 | 0.339249 | 0.425673 | 0.557359 | 0.643783 | 0.775469 | 0.861893 | 0.993579 |
| Camarilla | 0.629066 | 0.649059 | 0.669053 | 0.689046 | 0.709039 | 0.729033 | 0.749026 |
| Woodie | 0.361881 | 0.436989 | 0.579991 | 0.655099 | 0.798101 | 0.873209 | 1.016211 |
| Fibonacci | 0.425673 | 0.508991 | 0.560465 | 0.643783 | 0.727101 | 0.778575 | 0.861893 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.103704 | 0.164130 | 0.275158 | 0.335584 | 0.446612 | 0.507038 | 0.618066 |
| Camarilla | 0.339035 | 0.354752 | 0.370468 | 0.386185 | 0.401902 | 0.417618 | 0.433335 |
| Woodie | 0.129004 | 0.176781 | 0.300458 | 0.348235 | 0.471912 | 0.519689 | 0.643366 |
| Fibonacci | 0.164130 | 0.229626 | 0.270089 | 0.335584 | 0.401080 | 0.441543 | 0.507038 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.294417 | -0.120562 | 0.104101 | 0.277956 | 0.502619 | 0.676474 | 0.901137 |
| Camarilla | 0.219173 | 0.255703 | 0.292234 | 0.328765 | 0.365296 | 0.401827 | 0.438358 |
| Woodie | -0.269012 | -0.107860 | 0.129506 | 0.290658 | 0.528024 | 0.689176 | 0.926542 |
| Fibonacci | -0.120562 | 0.031672 | 0.125722 | 0.277956 | 0.430190 | 0.524240 | 0.676474 |
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): | 47.42 | |
| MACD (12,26,9): | 0.0129 | |
| Directional Movement: | -5.839298 | |
| AROON (14): | -78.571426 | |
| DEMA (21): | 0.704766 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.723324 | |
| Elder Ray (13): | -0.030165 | |
| Super Trend (3,10): | 0.627495 | |
| Zig ZAG (10): | 0.656854 | |
| VORTEX (21): | 1.0441 | |
| Stochastique (14,3,5): | 49.50 | |
| TEMA (21): | 0.712883 | |
| Williams %R (14): | -69.72 | |
| Chande Momentum Oscillator (20): | -0.038267 | |
| Repulse (5,40,3): | -7.3649 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.5413 | |
| Courbe Coppock: | 4.96 |
| MA7: | 0.555859 | |
| MA20: | 0.391261 | |
| MA50: | 0.211852 | |
| MA100: | 0.133215 | |
| MAexp7: | 0.681594 | |
| MAexp20: | 0.684539 | |
| MAexp50: | 0.652093 | |
| MAexp100: | 0.606313 | |
| Price / MA7: | +20.14% | |
| Price / MA20: | +70.68% | |
| Price / MA50: | +215.22% | |
| Price / MA100: | +401.30% | |
| Price / MAexp7: | -2.02% | |
| Price / MAexp20: | -2.44% | |
| Price / MAexp50: | +2.41% | |
| Price / MAexp100: | +10.14% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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