DOGECOIN - DOGE/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	DOGEUSD
ISIN:

DOGECOIN - DOGE/USD - 1H - Technical analysis published on 03/17/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

56%

22%

My opinion

Bearish under 0.151330 USD

My targets

0.142079 USD (-0.87%)

0.122792 USD (-14.32%)

My analysis

DOGECOIN - DOGE/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.151330 USD. The next support located at 0.142079 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.122792 USD. Below this support, sellers could then target 0.101962 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

7.1

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

Additional analysis

Quotes

The DOGECOIN - DOGE/USD price is 0.143319 USD. On the day, this instrument gained +0.64% and was traded between 0.140017 USD and 0.145543 USD over the period. The price is currently at +2.36% from its lowest and -1.53% from its highest.

0.140017

0.145543

0.143319

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:

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of this 1H chart of DOGECOIN - DOGE/USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.090078	0.101962	0.142079	0.143319	0.151330	0.155785	0.160063
Change (%)	-37.15%	-28.86%	-0.87%	-	+5.59%	+8.70%	+11.68%
Change	-0.053241	-0.041357	-0.001240	-	+0.008011	+0.012466	+0.016744
Level	Minor	Intermediate	Intermediate	-	Minor	Minor	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.104702	0.121373	0.131889	0.148560	0.159076	0.175747	0.186263
Camarilla	0.134930	0.137422	0.139914	0.142406	0.144898	0.147390	0.149882
Woodie	0.101626	0.119834	0.128813	0.147021	0.156000	0.174208	0.183187
Fibonacci	0.121373	0.131758	0.138174	0.148560	0.158945	0.165361	0.175747

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.068313	0.103178	0.122792	0.157657	0.177271	0.212136	0.231750
Camarilla	0.127424	0.132418	0.137412	0.142406	0.147400	0.152394	0.157388
Woodie	0.060688	0.099365	0.115167	0.153844	0.169646	0.208323	0.224125
Fibonacci	0.103178	0.123989	0.136846	0.157657	0.178468	0.191325	0.212136

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.027123	0.052227	0.084820	0.109924	0.142517	0.167621	0.200214
Camarilla	0.101546	0.106835	0.112124	0.117413	0.122702	0.127991	0.133280
Woodie	0.030868	0.054099	0.088565	0.111796	0.146262	0.169493	0.203959
Fibonacci	0.052227	0.074267	0.087884	0.109924	0.131964	0.145581	0.167621

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):	26.22
MACD (12,26,9):	-0.0055
Directional Movement:	-22.098254
AROON (14):	-78.571429
DEMA (21):	0.141910
Parabolic SAR (0,02-0,02-0,2):	0.138193
Elder Ray (13):	-0.004941
Super Trend (3,10):	0.150710
Zig ZAG (10):	0.141655
VORTEX (21):	0.6626
Stochastique (14,3,5):	19.44
TEMA (21):	0.140082
Williams %R (14):	-73.48
Chande Momentum Oscillator (20):	-0.010492
Repulse (5,40,3):	-0.0945
ROCnROLL:	2
TRIX (15,9):	-0.4397
Courbe Coppock:	18.81

MA7:	0.163511
MA20:	0.153775
MA50:	0.111017
MA100:	0.099160
MAexp7:	0.143256
MAexp20:	0.148804
MAexp50:	0.156730
MAexp100:	0.162240
Price / MA7:	-12.35%
Price / MA20:	-6.80%
Price / MA50:	+29.10%
Price / MA100:	+44.53%
Price / MAexp7:	+0.04%
Price / MAexp20:	-3.69%
Price / MAexp50:	-8.56%
Price / MAexp100:	-11.66%

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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