DOGEUSD(4 HR) : DOGEUSD to move sideways
Market in the last 24hrs
DOGEUSD saw a bearish momentum and the price went below the bottom Bollinger band. Trading volume has been high in the last 24 hours.
Today’s Trend analysis
DOGEUSD is expected to see a consolidated movement as the prices went below the bottom Bollinger band. We can already see the price moving sideways and this trend is expected to continue for some time.
Price volatility remained high at approximately 14.5%, with the day's range between $0.31 — $0.36.
Price at the time of publishing: $0.313
DOGE’s market cap: $41.8 Billion
However, the Indicator summary is giving a 'SELL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 9 are neutral and 0 are giving a BUY signal.
Out of 15 Moving average indicators, 13 are giving SELL signal, 1 is giving neutral and 1 is giving a BUY signal.
Traded volume has remained high in the past 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
----------------------------------------------------------------------------------------
The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
----------------------------------------------------------------------------------------
Any feedback and suggestions would help in further improving the analysis!
DOGEUSD saw a bearish momentum and the price went below the bottom Bollinger band. Trading volume has been high in the last 24 hours.
Today’s Trend analysis
DOGEUSD is expected to see a consolidated movement as the prices went below the bottom Bollinger band. We can already see the price moving sideways and this trend is expected to continue for some time.
Price volatility remained high at approximately 14.5%, with the day's range between $0.31 — $0.36.
Price at the time of publishing: $0.313
DOGE’s market cap: $41.8 Billion
However, the Indicator summary is giving a 'SELL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 9 are neutral and 0 are giving a BUY signal.
Out of 15 Moving average indicators, 13 are giving SELL signal, 1 is giving neutral and 1 is giving a BUY signal.
Traded volume has remained high in the past 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
----------------------------------------------------------------------------------------
The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
----------------------------------------------------------------------------------------
Any feedback and suggestions would help in further improving the analysis!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.