DOGEUSD(4Hr) : DOGE setting on a sideways movement
Market in the last 24hrs
DOGEUSD is moving sideways as the price went below the week's trend line. Trading volume has been very high in the last 24 hours.
Today’s Trend analysis
DOGEUSD is expected to move sideways between the middle and the upper Bollinger band along with the trend line.
Price volatility was high at approximately 5.2%, with the day's range between $0.253 — $0.283.
Price at the time of publishing: $0.272
DOGE’s market cap: $35.6 Billion
However, the Indicator summary is giving a 'BUY' 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, 1 is giving SELL signal, 1 is giving neutral and 13 are giving a BUY signal.
Trading volume has been very high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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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.
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Any feedback and suggestions would help in further improving the analysis!
DOGEUSD is moving sideways as the price went below the week's trend line. Trading volume has been very high in the last 24 hours.
Today’s Trend analysis
DOGEUSD is expected to move sideways between the middle and the upper Bollinger band along with the trend line.
Price volatility was high at approximately 5.2%, with the day's range between $0.253 — $0.283.
Price at the time of publishing: $0.272
DOGE’s market cap: $35.6 Billion
However, the Indicator summary is giving a 'BUY' 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, 1 is giving SELL signal, 1 is giving neutral and 13 are giving a BUY signal.
Trading volume has been very high in the last 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.
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Any feedback and suggestions would help in further improving the analysis!
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