The daily and 4-hour charts of DOGE USDT shows bullish structure, whereas demand zones and Fibonacci supports need to hold on hourly chart for the bull run to continue. Key resistances to watch out for upside momentum.
Contents
For a more in-depth technical analysis across different timeframes, please click the link to view the identified levels of support and resistance, trends, and reversal patterns on the weekly chart.
Daily Timeframe Analysis of DOGE USDT
- The price is currently trading between the 0.50 and 0.618 Fibonacci retracement levels.
- It is finding support at Support Zone #1 between 0.07881-0.07401.
- The nearest resistance is at Resistance Zone #1 between 0.10690-0.09506.
- Demand Zone #1 between 0.07884-0.07484 could provide buying opportunity on a retrace.
- Bullish FVG #1 between 0.08468-0.07884 needs to be filled for the uptrend to continue.
Fibonacci Retracement Levels
0.382 | 0.08460 |
0.50 | 0.08275 |
0.618 | 0.08091 |
0.786 | 0.07821 |
0.882 | 0.07668 |
Support / Resistance Zone
S/R Type | High | Low |
Support Zone #1 | 0.07881 | 0.07401 |
Support Zone #2 | 0.05940 | 0.05506 |
Resistance Zone #1 | 0.10690 | 0.09506 |
Demand Zone
Zone Number | High | Low |
Demand Zone #1 | 0.07884 | 0.07484 |
Fair Value Gaps / Imbalances
Gap Number | High | Low |
Bullish FVG #1 | 0.08468 | 0.07884 |
4 Hour Timeframe Analysis of DOGE USDT
- The price is trading above the 0.50 Fibonacci retracement level.
- It is facing resistance at Resistance Zone #1 between 0.08834-0.08751.
- Support lies at Demand Zone #1 between 0.07961-0.07897 on any retrace.
- Bullish break above Resistance Zone #3 at 0.10645-0.10458 could signal further upside.
- Bullish FVG #1 between 0.08192-0.07961 needs to be filled to sustain the upward momentum.
Fibonacci Retracement Levels
0.382 | 0.08456 |
0.50 | 0.08271 |
0.618 | 0.08086 |
0.786 | 0.07821 |
0.882 | 0.07671 |
Support/ Resistance Zone
S/R Type | High | Low |
Resistance Zone #1 | 0.08834 | 0.08751 |
Resistance Zone #2 | 0.09551 | 0.09458 |
Resistance Zone #3 | 0.10645 | 0.10458 |
Demand Zone
Zone Number | High | Low |
Demand Zone #1 | 0.07961 | 0.07897 |
Fair Value Gaps / Imbalances
Gap Number | High | Low |
Bullish FVG #1 | 0.08192 | 0.07961 |
1 Hour Timeframe Analysis of DOGE USDT
- The price is respecting Support Zone #1 between 0.08189-0.08105 on the hourly chart.
- Resistance Zone #1 at 0.08947-0.08874 may act as immediate upside barrier.
- Demand Zone #1 between 0.08022-0.07947 could offer a buy opportunity.
- A break above 0.08596 0.382 Fibonacci level would strengthen the bullish case.
- Bullish FVG #1 between 0.08192-0.08022, if filled, would add to the bullish impetus.
Fibonacci Retracement Levels
0.382 | 0.08596 |
0.50 | 0.08448 |
0.618 | 0.08308 |
0.786 | 0.08105 |
0.882 | 0.07989 |
Support / Resistance Zone
S/R Type | High | Low |
Support Zone #1 | 0.08189 | 0.08105 |
Support Zone #2 | 0.07789 | 0.07705 |
Resistance Zone #1 | 0.08947 | 0.08874 |
Demand Zone
Zone Number | High | Low |
Demand Zone #1 | 0.08022 | 0.07947 |
Fair Value Gaps / Imbalances
Gap Number | High | Low |
Bullish FVG #1 | 0.08192 | 0.08022 |