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{"id":4149,"date":"2021-08-17T02:08:00","date_gmt":"2021-08-17T02:08:00","guid":{"rendered":"https:\/\/www.cryptocurrencypanther.com\/2021\/08\/17\/dogecoin-daily-tech-analysis-august-17th-2021\/"},"modified":"2021-08-17T02:08:00","modified_gmt":"2021-08-17T02:08:00","slug":"dogecoin-daily-tech-analysis-august-17th-2021","status":"publish","type":"post","link":"https:\/\/cryptocurrencypanther.com\/2021\/08\/17\/dogecoin-daily-tech-analysis-august-17th-2021\/","title":{"rendered":"Dogecoin \u2013 Daily Tech Analysis \u2013 August 17th, 2021"},"content":{"rendered":"


\n<\/p>\n

\n
\n

Dogecoin<\/h2>\n

Dogecoin<\/a> slid by 6.11% on Monday. Partially reversing a 15.64% rally from Sunday, Dogecoin ended the day at $0.3194.<\/p>\n

A mixed start to the day saw Dogecoin rise to a late morning intraday high $0.3520 before hitting reverse.<\/p>\n<\/div>\n<\/div>\n

\n
\n

Falling short of the first major resistance level at $0.3645, Dogecoin slid to a late intraday low $0.3100.<\/p>\n

Steering clear of the 23.6% FIB of $0.3016 and the first major support level at $0.3013, Dogecoin revisited $0.327 levels before easing back.<\/p>\n

At the time of writing, Dogecoin was down by 1.20% to $0.3155. A mixed start to the day saw Dogecoin rose to an early morning high $0.3219 before falling to a low $0.3055.<\/p>\n

Dogecoin left the major support and resistance levels untested early on.<\/p>\n<\/div>\n<\/div>\n

\n
\n

For the day ahead<\/h3>\n

Dogecoin would need to move through the $0.3271 pivot to bring the first major resistance level at $0.3443 into play.<\/p>\n

Support from the broader market would be needed, however, for Dogecoin to break back through to $0.34 levels.<\/p>\n

Barring an extended crypto rally, the first major resistance level and Monday\u2019s high $0.3520 would likely cap any upside.<\/p>\n

In the event of another breakout, Dogecoin could test resistance at the 38.2% FIB of $0.3859. The second major resistance level sits at $0.3691.<\/p>\n

Failure to move through the $0.3271 pivot would bring the first major support level at $0.3023 and the 23.6% FIB of $0.3016 into play.<\/p>\n

Barring an extended sell-off, however, Dogecoin should steer clear of sub-$0.29 levels. The second major support level sits at $0.2851.<\/p>\n

Looking at the Technical Indicators<\/h3>\n

First Major Support Level: $0.3023<\/p>\n

Pivot Level: $0.3271<\/p>\n

First Major Resistance Level: $0.3443<\/p>\n

23.6% FIB Retracement Level: $0.3016<\/p>\n

38.2% FIB Retracement Level: $0.3859<\/p>\n

62% FIB Retracement Level: $0.5221<\/p>\n

Please let us know what you think in the comments below<\/em>.<\/p>\n

Thanks, Bob<\/p>\n<\/div>\n<\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Dogecoin Dogecoin slid by 6.11% on Monday. Partially reversing a 15.64% rally from Sunday, Dogecoin ended the day at $0.3194. A mixed start to the day saw Dogecoin rise to a late morning intraday high $0.3520 before hitting reverse. Falling short of the first major resistance level at $0.3645, Dogecoin slid to a late intraday […]<\/p>\n","protected":false},"author":1,"featured_media":4150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[3242,337,2022,80,81,345],"class_list":{"0":"post-4149","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-dogecoin","8":"tag-17th","9":"tag-analysis","10":"tag-august","11":"tag-daily","12":"tag-dogecoin","13":"tag-tech"},"_links":{"self":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts\/4149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/comments?post=4149"}],"version-history":[{"count":0,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts\/4149\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/media\/4150"}],"wp:attachment":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/media?parent=4149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/categories?post=4149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/tags?post=4149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}