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 10/06/2021 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bullish

Technical indicators

83%

11%

My opinion

Bullish above 0.224862 USD

My targets

0.284595 USD (+13.96%)

0.340700 USD (+36.43%)

My analysis

The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade DOGECOIN - DOGE/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.224862 USD. The buyers' bullish objective is set at 0.284595 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.340700 USD. If there is any crossing, the next objective would be the resistance located at 0.412303 USD. If there is a bearish break in the support located at 0.224862 USD some indecision would arise.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

3.9

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

Additional analysis

Quotes

The DOGECOIN - DOGE/USD price is 0.249730 USD. The price registered a decrease of -0.44% on the session and was traded between 0.242811 USD and 0.271888 USD over the period. The price is currently at +2.85% from its lowest and -8.15% from its highest.

0.242811

0.271888

0.249730

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by DOGECOIN - DOGE/USD:

Technical

Technical analysis of this Daily chart of DOGECOIN - DOGE/USD indicates that the overall trend is slightly bullish. 50.00% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.078472	0.170665	0.224862	0.249730	0.340700	0.412303	0.560216
Change (%)	-68.58%	-31.66%	-9.96%	-	+36.43%	+65.10%	+124.33%
Change	-0.171258	-0.079065	-0.024868	-	+0.090970	+0.162573	+0.310486
Level	Intermediate	Major	Intermediate	-	Intermediate	Intermediate	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	0.198587	0.215819	0.233323	0.250555	0.268059	0.285291	0.302795
Camarilla	0.241276	0.244460	0.247644	0.250828	0.254012	0.257196	0.260380
Woodie	0.198724	0.215887	0.233460	0.250623	0.268196	0.285359	0.302932
Fibonacci	0.215819	0.229088	0.237286	0.250555	0.263824	0.272022	0.285291

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.170239	0.182369	0.200785	0.212915	0.231331	0.243461	0.261877
Camarilla	0.210800	0.213600	0.216400	0.219200	0.222000	0.224800	0.227600
Woodie	0.173381	0.183941	0.203927	0.214487	0.234473	0.245033	0.265019
Fibonacci	0.182369	0.194038	0.201247	0.212915	0.224584	0.231793	0.243461

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.033873	0.114186	0.159234	0.239547	0.284595	0.364908	0.409956
Camarilla	0.169807	0.181298	0.192790	0.204281	0.215772	0.227264	0.238755
Woodie	0.016240	0.105370	0.141601	0.230731	0.266962	0.356092	0.392323
Fibonacci	0.114186	0.162074	0.191659	0.239547	0.287435	0.317020	0.364908

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):	58.76
MACD (12,26,9):	-0.0032
Directional Movement:	9.818421
AROON (14):	71.428572
DEMA (21):	0.220894
Parabolic SAR (0,02-0,02-0,2):	0.204966
Elder Ray (13):	0.029391
Super Trend (3,10):	0.197366
Zig ZAG (10):	0.249731
VORTEX (21):	1.0100
Stochastique (14,3,5):	78.23
TEMA (21):	0.226420
Williams %R (14):	-29.16
Chande Momentum Oscillator (20):	0.040019
Repulse (5,40,3):	3.8134
ROCnROLL:	1
TRIX (15,9):	-0.7119
Courbe Coppock:	9.62

MA7:	0.230002
MA20:	0.220086
MA50:	0.256587
MA100:	0.240556
MAexp7:	0.233582
MAexp20:	0.228883
MAexp50:	0.240710
MAexp100:	0.246779
Price / MA7:	+8.58%
Price / MA20:	+13.47%
Price / MA50:	-2.67%
Price / MA100:	+3.81%
Price / MAexp7:	+6.96%
Price / MAexp20:	+9.16%
Price / MAexp50:	+3.79%
Price / MAexp100:	+1.24%

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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