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 09/26/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

33%

17%

50%

My opinion

Bearish under 0.070160 USD

My targets

0.059121 USD (-3.18%)

0.040856 USD (-33.09%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.070160 USD remains possible. It is advisable to trade DOGECOIN - DOGE/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.070160 USD. The next bearish objective for sellers is set at 0.059121 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.040856 USD. In case of crossing, the next objective would be the support located at 0.015000 USD. PS: if there is a bullish break in the resistance located at 0.070160 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

2.7

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

Additional analysis

Quotes

The DOGECOIN - DOGE/USD rating is 0.061062 USD. The price registered a decrease of -0.13% on the session with the lowest point at 0.059850 USD and the highest point at 0.062605 USD. The deviation from the price is +2.03% for the low point and -2.46% for the high point.

0.059850

0.062605

0.061062

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

A study of price movements over other periods shows the following variations:

Technical

A technical analysis in Daily of this DOGECOIN - DOGE/USD chart shows a bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 9 are neutral and 3 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

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.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Three black crows

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.015000	0.059121	0.061062	0.070160	0.087120	0.134022
Change (%)	-75.43%	-3.18%	-	+14.90%	+42.67%	+119.49%
Change	-0.046062	-0.001941	-	+0.009098	+0.026058	+0.072960
Level	Major	Major	-	Minor	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.055670	0.057898	0.059519	0.061747	0.063368	0.065596	0.067217
Camarilla	0.060082	0.060434	0.060787	0.061140	0.061493	0.061846	0.062199
Woodie	0.055367	0.057746	0.059216	0.061595	0.063065	0.065444	0.066914
Fibonacci	0.057898	0.059368	0.060277	0.061747	0.063217	0.064126	0.065596

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.044244	0.050088	0.056609	0.062453	0.068974	0.074818	0.081339
Camarilla	0.059730	0.060863	0.061997	0.063130	0.064264	0.065397	0.066530
Woodie	0.044583	0.050257	0.056948	0.062622	0.069313	0.074987	0.081678
Fibonacci	0.050088	0.054811	0.057730	0.062453	0.067176	0.070095	0.074818

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.021631	0.040856	0.051120	0.070345	0.080609	0.099834	0.110098
Camarilla	0.053276	0.055979	0.058682	0.061385	0.064088	0.066791	0.069495
Woodie	0.017152	0.038616	0.046641	0.068105	0.076130	0.097594	0.105619
Fibonacci	0.040856	0.052121	0.059080	0.070345	0.081610	0.088569	0.099834

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):	48.08
MACD (12,26,9):	-0.0009
Directional Movement:	2.152693
AROON (14):	35.714286
DEMA (21):	0.059765
Parabolic SAR (0,02-0,02-0,2):	0.057056
Elder Ray (13):	0.000318
Super Trend (3,10):	0.067981
Zig ZAG (10):	0.061097
VORTEX (21):	0.9834
Stochastique (14,3,5):	47.05
TEMA (21):	0.060278
Williams %R (14):	-59.22
Chande Momentum Oscillator (20):	-0.000220
Repulse (5,40,3):	-3.3466
ROCnROLL:	-1
TRIX (15,9):	-0.3469
Courbe Coppock:	4.72

MA7:	0.060558
MA20:	0.061011
MA50:	0.065494
MA100:	0.066093
MAexp7:	0.060994
MAexp20:	0.061317
MAexp50:	0.063932
MAexp100:	0.070124
Price / MA7:	+0.83%
Price / MA20:	+0.08%
Price / MA50:	-6.77%
Price / MA100:	-7.61%
Price / MAexp7:	+0.11%
Price / MAexp20:	-0.42%
Price / MAexp50:	-4.49%
Price / MAexp100:	-12.92%

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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