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| Price | ▼ 1.58% | ▲ 0.54% | ▲ 0.25% | ▲ 7.36% |
| Energy | ▼ 7.5 | ▼ 0.2 | ▼ 4.3 | ▲ 18.9 |
Trend of Bull Bias DOGEUSD Daily
▸When DOGEUSD is in Bull Bias:
- then DOGEUSD moved to higher Market State: 44 times — 26.5%
- then DOGEUSD moved to lower Market State: 122 times — 73.5%
▸Current DOGEUSD market energy: 57.8%
- Distance to upper bound of Bull Bias (at 60%): 2.2%
- Distance to lower bound of Bull Bias (at 20.88%): 36.92%
"History always repeats itself, one way or another" — 2AITRADING
Reading from the Daily candle, DOGEUSD within the energy zone leaning Bull.
End-of-session energy readings on Daily, The energy level rose +18.9%: from 38.9% now at 57.8%.
Time in Bull Bias energy zone: 8 Daily Candle
Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.
Over the past 5 days, DOGEUSD Market Energy ranged from +38.9 to +57.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did DOGEUSD price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 07-05-2020 closed, DOGEUSD was at 0.00266, up 7.36% from the previous candle (0.00248). Market Energy was 57.8%, up 18.9 points from 38.9%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did DOGEUSD price move on this Daily candle, and how large is that historically?
DOGEUSD closed at 0.00266, up 7.36% from the previous Daily candle (0.00248). This rise is larger than 94% of past rises on the Daily timeframe for DOGEUSD, across 306 candles since 2019.
How did DOGEUSD Market Energy change from the previous candle?
Market Energy rose 18.9 percentage points from the previous candle — from 38.9% to 57.8%. This rise is larger than 84% of past rises on the Daily timeframe for DOGEUSD.
Do DOGEUSD price and energy agree?
Yes. This candle recorded price moving up in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.
What state was DOGEUSD in on the previous Daily candle?
The previous Daily candle had DOGEUSD at 38.9%, Bull Bias — this candle kept the same state, no zone change.
Where does DOGEUSD energy sit within the Bull Bias zone?
At 57.8%, DOGEUSD is 2.2 points from the upper boundary of Bull Bias (60%) and 36.92 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.
What does Bull Bias mean?
Bull Bias is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bull Bias definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bear Bias with energy -27.6%; GER40 (European equities) in Bear Critical with energy -68.4%. Against this backdrop, DOGEUSD (Bull Bias, 57.8%) has higher energy than SPX500, GER40.
How is the US Dollar Index (DXY) trending?
Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Bull Bias with Market Energy 54.5%. DOGEUSD (Bull Bias) and DXY currently sit on the same Bull side.
See the real-time energy chart for DOGEUSD.
Open Energy ChartSee the full 2AiTrading Model data for DOGEUSD on the DOGEUSD overview →
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