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 - Daily - Technical analysis published on 05/12/2021 (GMT)

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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
39%
33%
28%
My opinion
Bullish above 0.410791 USD
My targets
0.502619 USD (+3.21%)
0.572908 USD (+17.65%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DOGECOIN - DOGE/USD as long as the price remains well above 0.410791 USD. The buyers' bullish objective is set at 0.502619 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.572908 USD. If there is any crossing, the next objective would be the resistance located at 0.676474 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
6.3

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 ppril. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

DOGECOIN - DOGE/USD rating 0.486973 USD. The price registered an increase of +1.67% on the session with the lowest point at 0.467873 USD and the highest point at 0.521007 USD. The deviation from the price is +4.08% for the low point and -6.53% for the high point.

0.467873
0.521007
0.486973

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:

Technical


A technical analysis in Daily of this DOGECOIN - DOGE/USD chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 7 are bullish, 5 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 0.078472 0.247107 0.407632 0.486973
Change (%) -83.89% -49.26% -16.29% -
Change -0.408501 -0.239866 -0.079341 -
Level Minor Intermediate Major -



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3307140.3848360.4319000.4860220.5330860.5872080.634272
Camarilla0.4511380.4604130.4696890.4789640.4882390.4975150.506790
Woodie0.3271850.3830720.4283710.4842580.5295570.5854440.630743
Fibonacci0.3848360.4234890.4473690.4860220.5246750.5485550.587208


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0336300.1957470.4107910.5729080.7879520.9500691.165113
Camarilla0.5221160.5566890.5912620.6258350.6604080.6949810.729554
Woodie0.0600940.2089790.4372550.5861400.8144160.9633011.191577
Fibonacci0.1957470.3398230.4288330.5729080.7169840.8059940.950069


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.294417-0.1205620.1041010.2779560.5026190.6764740.901137
Camarilla0.2191730.2557030.2922340.3287650.3652960.4018270.438358
Woodie-0.269012-0.1078600.1295060.2906580.5280240.6891760.926542
Fibonacci-0.1205620.0316720.1257220.2779560.4301900.5242400.676474

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): 55.96
MACD (12,26,9): 0.0853
Directional Movement: 10.581139
AROON (14): 71.428574
DEMA (21): 0.558777
Parabolic SAR (0,02-0,02-0,2): 0.722410
Elder Ray (13): 0.008590
Super Trend (3,10): 0.344338
Zig ZAG (10): 0.486140
VORTEX (21): 1.0777
Stochastique (14,3,5): 44.58
TEMA (21): 0.577927
Williams %R (14): -55.14
Chande Momentum Oscillator (20): 0.158208
Repulse (5,40,3): -15.0685
ROCnROLL: -1
TRIX (15,9): 4.9911
Courbe Coppock: 178.93
MA7: 0.552366
MA20: 0.423135
MA50: 0.245803
MA100: 0.151050
MAexp7: 0.510279
MAexp20: 0.441175
MAexp50: 0.303910
MAexp100: 0.201374
Price / MA7: -11.84%
Price / MA20: +15.09%
Price / MA50: +98.12%
Price / MA100: +222.39%
Price / MAexp7: -4.57%
Price / MAexp20: +10.38%
Price / MAexp50: +60.24%
Price / MAexp100: +141.83%

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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