Mudrex

DOGEUSD(4Hr) : DOGE not going to the moon any time soon!!!

Short
BITTREX:DOGEUSD   Dogecoin
Market in the last 24hrs
DOGEUSD saw a consolidated movement in the last 24 with price touching the upper Bollinger band. Volume has been comparatively low in the last 24 hours which could indicate that the investors are unsure about the market.

Today’s Trend analysis
Price is expected to see a consolidated movement for some time then the most likely scenario is that the price accepts the upper Bollinger band as resistance. We can see an upward movement if there is an increase in volume.

Price volatility remained low at approximately 6.3%, with the day's range between $0.32 — $0.34.
Price at the time of publishing: $0.32
DOGE’s market cap: $41 Billion

However, the Indicator summary is giving a 'NEUTRAL' signal on DOGEUSD.

Out of 11 Oscillator indicators, 1 is giving a SELL signal, 9 are neutral and 1 is giving a BUY signal.

Out of 15 Moving average indicators, 8 are giving SELL signal, 1 is giving neutral and 6 are 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!

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.