DOGECOIN - DOGE/USD - Daily - Technical analysis published on 11/12/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
44%
33%
My opinion
Bullish above 0.085102 USD
My targets
0.110900 USD (+20.85%)
0.127570 USD (+39.02%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on DOGECOIN - DOGE/USD. As long as you are above the support located at 0.085102 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.110900 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.127570 USD as an objective. Crossing it would then enable buyers to target 0.142079 USD. If the support 0.085102 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2.5
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Additional analysis
Quotes
DOGECOIN - DOGE/USD rating 0.091767 USD. The price registered an increase of +8.16% on the session and was between 0.078360 USD and 0.094610 USD. This implies that the price is at +17.11% from its lowest and at -3.00% from its highest.0.078360
0.094610
0.091767
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
Here is a more detailed summary of the historical variations registered by DOGECOIN - DOGE/USD:
Technical
Technical analysis of DOGECOIN - DOGE/USD in Daily shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.070370 | 0.077860 | 0.085102 | 0.091767 | 0.127570 | 0.142079 | 0.171594 |
| Change (%) | -23.32% | -15.15% | -7.26% | - | +39.02% | +54.83% | +86.99% |
| Change | -0.021397 | -0.013907 | -0.006665 | - | +0.035803 | +0.050312 | +0.079827 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Major | 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 | 0.065287 | 0.072426 | 0.078633 | 0.085772 | 0.091979 | 0.099118 | 0.105325 |
| Camarilla | 0.081171 | 0.082394 | 0.083618 | 0.084841 | 0.086064 | 0.087288 | 0.088511 |
| Woodie | 0.064822 | 0.072193 | 0.078168 | 0.085539 | 0.091514 | 0.098885 | 0.104860 |
| Fibonacci | 0.072426 | 0.077524 | 0.080674 | 0.085772 | 0.090870 | 0.094020 | 0.099118 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.057290 | 0.084439 | 0.104405 | 0.131554 | 0.151520 | 0.178669 | 0.198635 |
| Camarilla | 0.111414 | 0.115733 | 0.120052 | 0.124371 | 0.128690 | 0.133009 | 0.137328 |
| Woodie | 0.053699 | 0.082643 | 0.100814 | 0.129758 | 0.147929 | 0.176873 | 0.195044 |
| Fibonacci | 0.084439 | 0.102437 | 0.113556 | 0.131554 | 0.149552 | 0.160671 | 0.178669 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.024611 | 0.015259 | 0.071030 | 0.110900 | 0.166671 | 0.206541 | 0.262312 |
| Camarilla | 0.100499 | 0.109266 | 0.118033 | 0.126800 | 0.135567 | 0.144334 | 0.153101 |
| Woodie | -0.016662 | 0.019234 | 0.078980 | 0.114875 | 0.174621 | 0.210516 | 0.270262 |
| Fibonacci | 0.015259 | 0.051794 | 0.074366 | 0.110900 | 0.147435 | 0.170007 | 0.206541 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 49.82 | |
| MACD (12,26,9): | 0.0047 | |
| Directional Movement: | 3.670566 | |
| AROON (14): | -57.142858 | |
| DEMA (21): | 0.104007 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.133421 | |
| Elder Ray (13): | -0.010802 | |
| Super Trend (3,10): | 0.135400 | |
| Zig ZAG (10): | 0.091815 | |
| VORTEX (21): | 1.0482 | |
| Stochastique (14,3,5): | 20.37 | |
| TEMA (21): | 0.101129 | |
| Williams %R (14): | -76.18 | |
| Chande Momentum Oscillator (20): | -0.034887 | |
| Repulse (5,40,3): | 2.6254 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 1.8915 | |
| Courbe Coppock: | 28.96 |
| MA7: | 0.093546 | |
| MA20: | 0.100947 | |
| MA50: | 0.076826 | |
| MA100: | 0.071381 | |
| MAexp7: | 0.094145 | |
| MAexp20: | 0.095310 | |
| MAexp50: | 0.083590 | |
| MAexp100: | 0.077995 | |
| Price / MA7: | -1.90% | |
| Price / MA20: | -9.09% | |
| Price / MA50: | +19.45% | |
| Price / MA100: | +28.56% | |
| Price / MAexp7: | -2.53% | |
| Price / MAexp20: | -3.72% | |
| Price / MAexp50: | +9.78% | |
| Price / MAexp100: | +17.66% |
Quotes :
-
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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