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)

Londinia

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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

39%

28%

33%

My opinion

Bearish under 0.151330 USD

My targets

0.142079 USD (-2.86%)

0.122792 USD (-16.04%)

My analysis

The bearish trend is currently very strong for DOGECOIN - DOGE/USD. As long as the price remains below the resistance at 0.151330 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.142079 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.122792 USD as an objective. Crossing it would then enable sellers to target 0.101962 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

Force

5.7

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

Additional analysis

Quotes

DOGECOIN - DOGE/USD rating 0.146255 USD. The price has increased by +2.70% since the last closing and was between 0.140017 USD and 0.147644 USD. This implies that the price is at +4.46% from its lowest and at -0.94% from its highest.

0.140017

0.147644

0.146255

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 : 5 days

Abnormal volumes

Timeframe : 20 days

Technical

A technical analysis in 1H of this DOGECOIN - DOGE/USD chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 6 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.090078	0.101962	0.142079	0.146255	0.151330	0.155785	0.160063
Change (%)	-38.41%	-30.28%	-2.86%	-	+3.47%	+6.52%	+9.44%
Change	-0.056177	-0.044293	-0.004176	-	+0.005075	+0.009530	+0.013808
Level	Minor	Intermediate	Intermediate	-	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	0.104702	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):	40.67
MACD (12,26,9):	-0.0044
Directional Movement:	-13.660837
AROON (14):	-50.000000
DEMA (21):	0.142733
Parabolic SAR (0,02-0,02-0,2):	0.138712
Elder Ray (13):	0.000166
Super Trend (3,10):	0.151372
Zig ZAG (10):	0.146453
VORTEX (21):	0.7221
Stochastique (14,3,5):	47.62
TEMA (21):	0.141833
Williams %R (14):	-51.19
Chande Momentum Oscillator (20):	-0.005939
Repulse (5,40,3):	1.6601
ROCnROLL:	-1
TRIX (15,9):	-0.4394
Courbe Coppock:	13.88

MA7:	0.164071
MA20:	0.154074
MA50:	0.111137
MA100:	0.099219
MAexp7:	0.145006
MAexp20:	0.148730
MAexp50:	0.156113
MAexp100:	0.161695
Price / MA7:	-10.86%
Price / MA20:	-5.07%
Price / MA50:	+31.60%
Price / MA100:	+47.41%
Price / MAexp7:	+0.86%
Price / MAexp20:	-1.66%
Price / MAexp50:	-6.31%
Price / MAexp100:	-9.55%

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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