DOGECOIN - DOGE/USD - 15 min. - Technical analysis published on 05/14/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.502619 USD
My targets
0.572908 USD (+1.47%)
0.616030 USD (+9.11%)
My analysis
The bullish trend is currently very strong on DOGECOIN - DOGE/USD. As long as the price remains above the support at 0.502619 USD, you could try to benefit from the boom. The first bullish objective is located at 0.572908 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.616030 USD as an objective. Crossing it would then enable buyers to target 0.716046 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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Additional analysis
Quotes
The DOGECOIN - DOGE/USD price is 0.564607 USD. The price registered an increase of +18.46% on the session and was traded between 0.456317 USD and 0.569126 USD over the period. The price is currently at +23.73% from its lowest and -0.79% from its highest.0.456317
0.569126
0.564607
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of DOGECOIN - DOGE/USD in 15 min. shows a strongly overall 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.407632 | 0.468723 | 0.513494 | 0.564607 | 0.601258 | 0.643863 | 0.689046 |
| Change (%) | -27.80% | -16.98% | -9.05% | - | +6.49% | +14.04% | +22.04% |
| Change | -0.156975 | -0.095884 | -0.051113 | - | +0.036651 | +0.079256 | +0.124439 |
| Level | Major | Minor | Intermediate | - | Minor | Minor | Minor |
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 | 0.206889 | 0.276592 | 0.376608 | 0.446311 | 0.546327 | 0.616030 | 0.716046 |
| Camarilla | 0.429951 | 0.445509 | 0.461066 | 0.476624 | 0.492182 | 0.507739 | 0.523297 |
| Woodie | 0.222046 | 0.284170 | 0.391765 | 0.453889 | 0.561484 | 0.623608 | 0.731203 |
| Fibonacci | 0.276592 | 0.341425 | 0.381478 | 0.446311 | 0.511144 | 0.551197 | 0.616030 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 60.41 | |
| MACD (12,26,9): | 0.0053 | |
| Directional Movement: | 10.006858 | |
| AROON (14): | -28.571428 | |
| DEMA (21): | 0.544480 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.531541 | |
| Elder Ray (13): | 0.004421 | |
| Super Trend (3,10): | 0.520126 | |
| Zig ZAG (10): | 0.542843 | |
| VORTEX (21): | 1.1052 | |
| Stochastique (14,3,5): | 75.77 | |
| TEMA (21): | 0.542514 | |
| Williams %R (14): | -22.49 | |
| Chande Momentum Oscillator (20): | 0.008229 | |
| Repulse (5,40,3): | 0.3297 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1194 | |
| Courbe Coppock: | 3.60 |
| MA7: | 0.505036 | |
| MA20: | 0.443718 | |
| MA50: | 0.262296 | |
| MA100: | 0.159637 | |
| MAexp7: | 0.544403 | |
| MAexp20: | 0.536121 | |
| MAexp50: | 0.520765 | |
| MAexp100: | 0.495799 | |
| Price / MA7: | +11.80% | |
| Price / MA20: | +27.24% | |
| Price / MA50: | +115.26% | |
| Price / MA100: | +253.68% | |
| Price / MAexp7: | +3.71% | |
| Price / MAexp20: | +5.31% | |
| Price / MAexp50: | +8.42% | |
| Price / MAexp100: | +13.88% |
Quotes :
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Real time data
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Cryptocompare
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