DOGEUSD can be seen oscillating on the middle and recently saw a dip where the price rejected 2 major support lines i.e. the middle and the bottom . Trading has been high and has remained almost similar throughout the day.
However, the Indicator summary is giving a ‘STRONG SELL’ signal on DOGEUSD.
Out of 11 Oscillator indicators, 5 are giving a SELL signal, 6 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.
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!