Londinia Opportunities Analyses - 06/10/2023 (GMT) DOGECOIN - DOGE/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | DOGEUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 0.069240 USDT
My targets
0.071138 USDT (+1.50%)
0.072769 USDT (+3.82%)
My analysis
DOGECOIN - DOGE/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.069240 USDT. The next resistance located at 0.071138 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.072769 USDT. After this resistance, buyers could then target 0.080990 USDT. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
DOGECOIN - DOGE/USDT rating 0.070090 USDT. On the day, this instrument gained +0.89% and was between 0.069010 USDT and 0.070870 USDT. This implies that the price is at +1.56% from its lowest and at -1.10% from its highest.0.069010
0.070870
0.070090
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:
Technical
A technical analysis in 1H of this DOGECOIN - DOGE/USDT chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 13 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 0.065439 | 0.067360 | 0.069240 | 0.070090 | 0.071138 | 0.072769 | 0.080990 |
| Change (%) | -6.64% | -3.89% | -1.21% | - | +1.50% | +3.82% | +15.55% |
| Change | -0.004651 | -0.002730 | -0.000850 | - | +0.001048 | +0.002679 | +0.010900 |
| Level | Major | Major | Minor | - | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.063723 | 0.065537 | 0.067503 | 0.069317 | 0.071283 | 0.073097 | 0.075063 |
| Camarilla | 0.068431 | 0.068777 | 0.069124 | 0.069470 | 0.069817 | 0.070163 | 0.070510 |
| Woodie | 0.063800 | 0.065575 | 0.067580 | 0.069355 | 0.071360 | 0.073135 | 0.075140 |
| Fibonacci | 0.065537 | 0.066981 | 0.067873 | 0.069317 | 0.070761 | 0.071653 | 0.073097 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.067463 | 0.069027 | 0.070863 | 0.072427 | 0.074263 | 0.075827 | 0.077663 |
| Camarilla | 0.071765 | 0.072077 | 0.072388 | 0.072700 | 0.073012 | 0.073323 | 0.073635 |
| Woodie | 0.067600 | 0.069095 | 0.071000 | 0.072495 | 0.074400 | 0.075895 | 0.077800 |
| Fibonacci | 0.069027 | 0.070326 | 0.071128 | 0.072427 | 0.073726 | 0.074528 | 0.075827 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.053847 | 0.061323 | 0.066487 | 0.073963 | 0.079127 | 0.086603 | 0.091767 |
| Camarilla | 0.068174 | 0.069333 | 0.070491 | 0.071650 | 0.072809 | 0.073967 | 0.075126 |
| Woodie | 0.052690 | 0.060745 | 0.065330 | 0.073385 | 0.077970 | 0.086025 | 0.090610 |
| Fibonacci | 0.061323 | 0.066152 | 0.069135 | 0.073963 | 0.078792 | 0.081775 | 0.086603 |
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): | 60.20 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 19.465655 | |
| AROON (14): | 7.142857 | |
| DEMA (21): | 0.069612 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.068392 | |
| Elder Ray (13): | 0.000456 | |
| Super Trend (3,10): | 0.068074 | |
| Zig ZAG (10): | 0.069700 | |
| VORTEX (21): | 1.1385 | |
| Stochastique (14,3,5): | 60.82 | |
| TEMA (21): | 0.069831 | |
| Williams %R (14): | -53.17 | |
| Chande Momentum Oscillator (20): | 0.000050 | |
| Repulse (5,40,3): | 0.1864 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0751 | |
| Courbe Coppock: | 2.52 |
| MA7: | 0.069041 | |
| MA20: | 0.071084 | |
| MA50: | 0.074139 | |
| MA100: | 0.076505 | |
| MAexp7: | 0.069517 | |
| MAexp20: | 0.069092 | |
| MAexp50: | 0.068641 | |
| MAexp100: | 0.068799 | |
| Price / MA7: | +1.52% | |
| Price / MA20: | -1.40% | |
| Price / MA50: | -5.46% | |
| Price / MA100: | -8.39% | |
| Price / MAexp7: | +0.82% | |
| Price / MAexp20: | +1.44% | |
| Price / MAexp50: | +2.11% | |
| Price / MAexp100: | +1.88% |
Quotes :
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Real time data
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Cryptocompare