DOGECOIN - DOGE/USD - Daily - Technical analysis published on 05/17/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
28%
39%
33%
My opinion
Bullish above 0.502619 USD
My targets
0.676474 USD (+34.48%)
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 0.502619 USD. The buyers' bullish objective is set at 0.676474 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.7
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This analysis was given by imorton777. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DOGECOIN - DOGE/USD rating is 0.503034 USD. The price registered an increase of +0.79% on the session and was between 0.462036 USD and 0.513273 USD. This implies that the price is at +8.87% from its lowest and at -1.99% from its highest.0.462036
0.513273
0.503034
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:
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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.078472 | 0.247107 | 0.407632 | 0.503034 | 0.689046 |
| Change (%) | -84.40% | -50.88% | -18.97% | - | +36.98% |
| Change | -0.424562 | -0.255927 | -0.095402 | - | +0.186012 |
| Level | Minor | Minor | Major | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.335530 | 0.387279 | 0.443184 | 0.494933 | 0.550838 | 0.602587 | 0.658492 |
| Camarilla | 0.469485 | 0.479353 | 0.489222 | 0.499090 | 0.508958 | 0.518827 | 0.528695 |
| Woodie | 0.337609 | 0.388318 | 0.445263 | 0.495972 | 0.552917 | 0.603626 | 0.660571 |
| Fibonacci | 0.387279 | 0.428403 | 0.453809 | 0.494933 | 0.536057 | 0.561463 | 0.602587 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.024520 | 0.160887 | 0.329720 | 0.515127 | 0.683960 | 0.869367 | 1.038200 |
| Camarilla | 0.401136 | 0.433608 | 0.466080 | 0.498552 | 0.531024 | 0.563496 | 0.595968 |
| Woodie | -0.032808 | 0.156744 | 0.321432 | 0.510984 | 0.675672 | 0.865224 | 1.029912 |
| Fibonacci | 0.160887 | 0.296207 | 0.379808 | 0.515127 | 0.650447 | 0.734048 | 0.869367 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.30 | |
| MACD (12,26,9): | 0.0604 | |
| Directional Movement: | 3.858041 | |
| AROON (14): | -35.714287 | |
| DEMA (21): | 0.551423 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.629352 | |
| Elder Ray (13): | -0.003435 | |
| Super Trend (3,10): | 0.344338 | |
| Zig ZAG (10): | 0.503034 | |
| VORTEX (21): | 1.0867 | |
| Stochastique (14,3,5): | 39.60 | |
| TEMA (21): | 0.542969 | |
| Williams %R (14): | -59.68 | |
| Chande Momentum Oscillator (20): | -0.148830 | |
| Repulse (5,40,3): | 2.1637 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 3.3550 | |
| Courbe Coppock: | 60.51 |
| MA7: | 0.487084 | |
| MA20: | 0.480713 | |
| MA50: | 0.289482 | |
| MA100: | 0.173275 | |
| MAexp7: | 0.502126 | |
| MAexp20: | 0.462088 | |
| MAexp50: | 0.337968 | |
| MAexp100: | 0.228917 | |
| Price / MA7: | +3.27% | |
| Price / MA20: | +4.64% | |
| Price / MA50: | +73.77% | |
| Price / MA100: | +190.31% | |
| Price / MAexp7: | +0.18% | |
| Price / MAexp20: | +8.86% | |
| Price / MAexp50: | +48.84% | |
| Price / MAexp100: | +119.75% |
Quotes :
-
Real time data
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