DOGECOIN - DOGE/USD - 1H - Technical analysis published on 09/07/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 0.296184 USD
My targets
0.276261 USD (-3.70%)
0.267968 USD (-6.59%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DOGECOIN - DOGE/USD as long as the price remains well below 0.296184 USD. The sellers' bearish objective is set at 0.276261 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.267968 USD. In case of crossing, the next objective would be the support located at 0.170665 USD.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
6.6
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DOGECOIN - DOGE/USD rating is 0.286882 USD. On the day, this instrument lost -7.12% and was traded between 0.280622 USD and 0.311271 USD over the period. The price is currently at +2.23% from its lowest and -7.84% from its highest.0.280622
0.311271
0.286882
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DOGECOIN - DOGE/USD:
Technical
A technical analysis in 1H of this DOGECOIN - DOGE/USD chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.078472 | 0.170665 | 0.267968 | 0.286882 | 0.287182 | 0.296184 | 0.304794 |
| Change (%) | -72.65% | -40.51% | -6.59% | - | +0.10% | +3.24% | +6.24% |
| Change | -0.208410 | -0.116217 | -0.018914 | - | +0.000300 | +0.009302 | +0.017912 |
| Level | Intermediate | Major | Major | - | Minor | Minor | Intermediate |
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 | 0.280549 | 0.290643 | 0.299673 | 0.309767 | 0.318797 | 0.328891 | 0.337921 |
| Camarilla | 0.303444 | 0.305197 | 0.306950 | 0.308703 | 0.310456 | 0.312209 | 0.313962 |
| Woodie | 0.280017 | 0.290377 | 0.299141 | 0.309501 | 0.318265 | 0.328625 | 0.337389 |
| Fibonacci | 0.290643 | 0.297948 | 0.302462 | 0.309767 | 0.317072 | 0.321586 | 0.328891 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.236355 | 0.253009 | 0.276261 | 0.292915 | 0.316167 | 0.332821 | 0.356073 |
| Camarilla | 0.288538 | 0.292196 | 0.295854 | 0.299512 | 0.303170 | 0.306828 | 0.310486 |
| Woodie | 0.239653 | 0.254659 | 0.279559 | 0.294565 | 0.319465 | 0.334471 | 0.359371 |
| Fibonacci | 0.253009 | 0.268253 | 0.277671 | 0.292915 | 0.308159 | 0.317577 | 0.332821 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.038900 | 0.116110 | 0.197273 | 0.274483 | 0.355646 | 0.432856 | 0.514019 |
| Camarilla | 0.234882 | 0.249400 | 0.263918 | 0.278435 | 0.292953 | 0.307470 | 0.321988 |
| Woodie | 0.040876 | 0.117098 | 0.199249 | 0.275471 | 0.357622 | 0.433844 | 0.515995 |
| Fibonacci | 0.116110 | 0.176609 | 0.213985 | 0.274483 | 0.334982 | 0.372358 | 0.432856 |
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): | 22.16 | |
| MACD (12,26,9): | -0.0030 | |
| Directional Movement: | -39.315466 | |
| AROON (14): | -78.571428 | |
| DEMA (21): | 0.301005 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.308064 | |
| Elder Ray (13): | -0.012302 | |
| Super Trend (3,10): | 0.300782 | |
| Zig ZAG (10): | 0.286902 | |
| VORTEX (21): | 0.7913 | |
| Stochastique (14,3,5): | 20.78 | |
| TEMA (21): | 0.294679 | |
| Williams %R (14): | -71.75 | |
| Chande Momentum Oscillator (20): | -0.020811 | |
| Repulse (5,40,3): | -2.6699 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0835 | |
| Courbe Coppock: | 6.58 |
| MA7: | 0.299399 | |
| MA20: | 0.297576 | |
| MA50: | 0.258617 | |
| MA100: | 0.262994 | |
| MAexp7: | 0.296169 | |
| MAexp20: | 0.304277 | |
| MAexp50: | 0.305540 | |
| MAexp100: | 0.302897 | |
| Price / MA7: | -4.18% | |
| Price / MA20: | -3.59% | |
| Price / MA50: | +10.93% | |
| Price / MA100: | +9.08% | |
| Price / MAexp7: | -3.14% | |
| Price / MAexp20: | -5.72% | |
| Price / MAexp50: | -6.11% | |
| Price / MAexp100: | -5.29% |
Quotes :
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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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