DOGECOIN - DOGE/USDT
DOGECOIN - DOGE/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: DOGEUSDT
ISIN:

DOGECOIN - DOGE/USDT - 1H - Technical analysis published on 07/17/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bearish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.174100 USDT
My targets
0.187409 USDT (+4.35%)
0.188800 USDT (+5.12%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for DOGECOIN - DOGE/USDT as long as the price remains well above 0.174100 USDT. The buyers' bullish objective is set at 0.187409 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.188800 USDT. If there is any crossing, the next objective would be the resistance located at 0.217967 USDT. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 0.187409 USDT. On this resistance, against the trend traders who would like to go short on DOGECOIN - DOGE/USDT with a bearish signal from their trading strategy, should not hesitate to act.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
2.7

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 finacian. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The DOGECOIN - DOGE/USDT price is 0.179600 USDT. On the day, this instrument gained +4.66% and was between 0.168600 USDT and 0.181400 USDT. This implies that the price is at +6.52% from its lowest and at -0.99% from its highest.

0.168600
0.181400
0.179600

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by DOGECOIN - DOGE/USDT:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this DOGECOIN - DOGE/USDT chart shows a slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour



In fact, 14 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

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


S3S2S1PriceR1R2R3
ProTrendLines 0.078740 0.174100 0.178600 0.179600 0.187409 0.217967 0.229400
Change (%) -56.16% -3.06% -0.56% - +4.35% +21.36% +27.73%
Change -0.100860 -0.005500 -0.001000 - +0.007809 +0.038367 +0.049800
Level Minor Minor Intermediate - 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
Standard0.1489330.1598670.1657330.1766670.1825330.1934670.199333
Camarilla0.1669800.1685200.1700600.1716000.1731400.1746800.176220
Woodie0.1464000.1586000.1632000.1754000.1800000.1922000.196800
Fibonacci0.1598670.1662840.1702490.1766670.1830840.1870490.193467


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1327000.1641000.1888000.2202000.2449000.2763000.301000
Camarilla0.1980730.2032150.2083580.2135000.2186430.2237850.228928
Woodie0.1293500.1624250.1854500.2185250.2415500.2746250.297650
Fibonacci0.1641000.1855300.1987700.2202000.2416300.2548700.276300


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.1541000.0047000.1290000.2878000.4121000.5709000.695200
Camarilla0.1754480.2013980.2273490.2533000.2792510.3052020.331153
Woodie-0.171350-0.0039250.1117500.2791750.3948500.5622750.677950
Fibonacci0.0047000.1128440.1796560.2878000.3959440.4627560.570900

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 59.47
MACD (12,26,9): -0.0007
Directional Movement: 14.243379
AROON (14): 92.857143
DEMA (21): 0.172747
Parabolic SAR (0,02-0,02-0,2): 0.169866
Elder Ray (13): 0.004065
Super Trend (3,10): 0.167650
Zig ZAG (10): 0.179700
VORTEX (21): 1.0252
Stochastique (14,3,5): 67.04
TEMA (21): 0.174137
Williams %R (14): -25.00
Chande Momentum Oscillator (20): 0.005400
Repulse (5,40,3): 2.9432
ROCnROLL: -1
TRIX (15,9): -0.1553
Courbe Coppock: 1.96
MA7: 0.193386
MA20: 0.221335
MA50: 0.273070
MA100: 0.315180
MAexp7: 0.174602
MAexp20: 0.174944
MAexp50: 0.178514
MAexp100: 0.185454
Price / MA7: -7.13%
Price / MA20: -18.86%
Price / MA50: -34.23%
Price / MA100: -43.02%
Price / MAexp7: +2.86%
Price / MAexp20: +2.66%
Price / MAexp50: +0.61%
Price / MAexp100: -3.16%

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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