DOGECOIN - DOGE/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

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

Type:	Cryptocurrencies
Ticker:	DOGEUSD
ISIN:

DOGECOIN - DOGE/USD - Daily - Technical analysis published on 05/09/2021 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

17%

My opinion

Bullish above 0.410791 USD

My targets

0.502619 USD (+1.03%)

0.572908 USD (+15.16%)

My analysis

The bullish trend is currently very strong on DOGECOIN - DOGE/USD. As long as the price remains above the support at 0.410791 USD, you could try to benefit from the boom. The first bullish objective is located at 0.502619 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.572908 USD as an objective. Crossing it would then enable buyers to target 0.676474 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.7

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

Additional analysis

Quotes

The DOGECOIN - DOGE/USD price is 0.497510 USD. The price registered a decrease of -20.51% on the session and was between 0.450683 USD and 0.700535 USD. This implies that the price is at +10.39% from its lowest and at -28.98% from its highest.

0.450683

0.700535

0.497510

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of DOGECOIN - DOGE/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Moving Average bearish crossovers : AMA20 & AMA50

Type : Bearish

Timeframe : Daily

The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish harami

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	0.078472	0.247107	0.407632	0.497510
Change (%)	-84.23%	-50.33%	-18.07%	-
Change	-0.419038	-0.250403	-0.089878	-
Level	Minor	Intermediate	Major	-

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.438560	0.519691	0.572763	0.653894	0.706966	0.788097	0.841169
Camarilla	0.588929	0.601231	0.613533	0.625835	0.638137	0.650439	0.662741
Woodie	0.424531	0.512676	0.558734	0.646879	0.692937	0.781082	0.827140
Fibonacci	0.519691	0.570957	0.602629	0.653894	0.705160	0.736832	0.788097

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.033630	0.195747	0.410791	0.572908	0.787952	0.950069	1.165113
Camarilla	0.522116	0.556689	0.591262	0.625835	0.660408	0.694981	0.729554
Woodie	0.060094	0.208979	0.437255	0.586140	0.814416	0.963301	1.191577
Fibonacci	0.195747	0.339823	0.428833	0.572908	0.716984	0.805994	0.950069

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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	56.85
MACD (12,26,9):	0.1085
Directional Movement:	15.607480
AROON (14):	92.857140
DEMA (21):	0.558974
Parabolic SAR (0,02-0,02-0,2):	0.417921
Elder Ray (13):	0.092887
Super Trend (3,10):	0.344338
Zig ZAG (10):	0.495052
VORTEX (21):	1.0954
Stochastique (14,3,5):	73.79
TEMA (21):	0.611369
Williams %R (14):	-49.27
Chande Momentum Oscillator (20):	0.227795
Repulse (5,40,3):	-34.8256
ROCnROLL:	1
TRIX (15,9):	5.7044
Courbe Coppock:	207.13

MA7:	0.570312
MA20:	0.392093
MA50:	0.219271
MA100:	0.137098
MAexp7:	0.545897
MAexp20:	0.422876
MAexp50:	0.279370
MAexp100:	0.183122
Price / MA7:	-12.77%
Price / MA20:	+26.89%
Price / MA50:	+126.89%
Price / MA100:	+262.89%
Price / MAexp7:	-8.86%
Price / MAexp20:	+17.65%
Price / MAexp50:	+78.08%
Price / MAexp100:	+171.68%

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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