DOGECOIN - DOGE/USD

- USD (-)

- Real time data - Cryptocompare

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

Type:	Cryptocurrencies
Ticker:	DOGEUSD
ISIN:

DOGECOIN - DOGE/USD - Daily - Technical analysis published on 04/27/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Neutral

Technical indicators

17%

56%

28%

My opinion

Bearish under 0.152330 USD

My targets

0.126828 USD (-12.44%)

0.101962 USD (-29.61%)

My analysis

The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for DOGECOIN - DOGE/USD as long as the price remains well below 0.152330 USD. The sellers' bearish objective is set at 0.126828 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.101962 USD. If there is any crossing, the next objective would be the support located at 0.078076 USD.

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

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

Additional analysis

Quotes

The DOGECOIN - DOGE/USD rating is 0.144845 USD. On the day, this instrument lost -2.11% with the lowest point at 0.142740 USD and the highest point at 0.149306 USD. The deviation from the price is +1.47% for the low point and -2.99% for the high point.

0.142740

0.149306

0.144845

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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

Technical

Technical analysis of this Daily chart of DOGECOIN - DOGE/USD indicates that the overall trend is not clearly defined. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are bearish. There is still some doubt about the decline in the price.
The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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	0.078076	0.101962	0.142079	0.144845	0.172522	0.196483	0.220099
Change (%)	-46.10%	-29.61%	-1.91%	-	+19.11%	+35.65%	+51.95%
Change	-0.066769	-0.042883	-0.002766	-	+0.027677	+0.051638	+0.075254
Level	Major	Intermediate	Major	-	Major	Intermediate	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.140299	0.143550	0.145757	0.149008	0.151215	0.154466	0.156673
Camarilla	0.146464	0.146964	0.147465	0.147965	0.148465	0.148966	0.149466
Woodie	0.139778	0.143289	0.145236	0.148747	0.150694	0.154205	0.156152
Fibonacci	0.143550	0.145635	0.146923	0.149008	0.151093	0.152381	0.154466

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.114638	0.126828	0.144742	0.156932	0.174846	0.187036	0.204950
Camarilla	0.154377	0.157137	0.159897	0.162656	0.165416	0.168175	0.170935
Woodie	0.117500	0.128259	0.147604	0.158363	0.177708	0.188467	0.207812
Fibonacci	0.126828	0.138328	0.145432	0.156932	0.168432	0.175536	0.187036

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.046426	0.084632	0.152330	0.190536	0.258234	0.296440	0.364138
Camarilla	0.190905	0.200613	0.210321	0.220029	0.229737	0.239445	0.249153
Woodie	0.061173	0.092005	0.167077	0.197909	0.272981	0.303813	0.378885
Fibonacci	0.084632	0.125087	0.150080	0.190536	0.230991	0.255984	0.296440

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):	40.61
MACD (12,26,9):	-0.0068
Directional Movement:	-9.822396
AROON (14):	0
DEMA (21):	0.153684
Parabolic SAR (0,02-0,02-0,2):	0.134201
Elder Ray (13):	-0.009478
Super Trend (3,10):	0.187696
Zig ZAG (10):	0.147036
VORTEX (21):	0.9119
Stochastique (14,3,5):	31.46
TEMA (21):	0.144306
Williams %R (14):	-75.35
Chande Momentum Oscillator (20):	-0.014914
Repulse (5,40,3):	-5.1884
ROCnROLL:	2
TRIX (15,9):	-0.4519
Courbe Coppock:	25.46

MA7:	0.153783
MA20:	0.164446
MA50:	0.171417
MA100:	0.133570
MAexp7:	0.152187
MAexp20:	0.161177
MAexp50:	0.159789
MAexp100:	0.142166
Price / MA7:	-5.81%
Price / MA20:	-11.92%
Price / MA50:	-15.50%
Price / MA100:	+8.44%
Price / MAexp7:	-4.82%
Price / MAexp20:	-10.13%
Price / MAexp50:	-9.35%
Price / MAexp100:	+1.88%

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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