DOGECOIN - DOGE/USD - 1H - Technical analysis published on 03/18/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
11%
50%
39%
My opinion
Bearish under 0.151330 USD
My targets
0.142079 USD (-4.71%)
0.122792 USD (-17.65%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DOGECOIN - DOGE/USD as long as the price remains well below 0.151330 USD. The next bearish objective for sellers is set at 0.142079 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.122792 USD. If there is any crossing, the next objective would be the support located at 0.101962 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
6.3
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This analysis was given by Ralhosni. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DOGECOIN - DOGE/USD rating is 0.149102 USD. The price is lower by -3.26% since the last closing and was traded between 0.148267 USD and 0.154400 USD over the period. The price is currently at +0.56% from its lowest and -3.43% from its highest.0.148267
0.154400
0.149102
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of DOGECOIN - DOGE/USD in 1H shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.090078 | 0.101962 | 0.142079 | 0.149102 | 0.151330 | 0.155785 | 0.160063 |
| Change (%) | -39.59% | -31.62% | -4.71% | - | +1.49% | +4.48% | +7.35% |
| Change | -0.059024 | -0.047140 | -0.007023 | - | +0.002228 | +0.006683 | +0.010961 |
| 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 | 0.118797 | 0.127724 | 0.140928 | 0.149855 | 0.163059 | 0.171986 | 0.185190 |
| Camarilla | 0.148045 | 0.150074 | 0.152102 | 0.154131 | 0.156160 | 0.158188 | 0.160217 |
| Woodie | 0.120935 | 0.128793 | 0.143066 | 0.150924 | 0.165197 | 0.173055 | 0.187328 |
| Fibonacci | 0.127724 | 0.136178 | 0.141401 | 0.149855 | 0.158309 | 0.163532 | 0.171986 |
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): | 46.65 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | -3.643921 | |
| AROON (14): | -28.571428 | |
| DEMA (21): | 0.151651 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.156356 | |
| Elder Ray (13): | -0.001744 | |
| Super Trend (3,10): | 0.146652 | |
| Zig ZAG (10): | 0.149748 | |
| VORTEX (21): | 0.9360 | |
| Stochastique (14,3,5): | 28.23 | |
| TEMA (21): | 0.152361 | |
| Williams %R (14): | -81.42 | |
| Chande Momentum Oscillator (20): | -0.003626 | |
| Repulse (5,40,3): | -0.8804 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0752 | |
| Courbe Coppock: | 1.73 |
| MA7: | 0.160549 | |
| MA20: | 0.157079 | |
| MA50: | 0.112705 | |
| MA100: | 0.099808 | |
| MAexp7: | 0.151002 | |
| MAexp20: | 0.151337 | |
| MAexp50: | 0.152589 | |
| MAexp100: | 0.156918 | |
| Price / MA7: | -7.13% | |
| Price / MA20: | -5.08% | |
| Price / MA50: | +32.29% | |
| Price / MA100: | +49.39% | |
| Price / MAexp7: | -1.26% | |
| Price / MAexp20: | -1.48% | |
| Price / MAexp50: | -2.29% | |
| Price / MAexp100: | -4.98% |
Quotes :
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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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