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| Price | ▼ 2.49% | ▼ 0.13% | ▼ 5.03% | ▼ 5.30% |
| Energy | ▼ 18.0 | ▼ 15.6 | ▼ 31.2 | ▼ 26.7 |
Trend of Bear Critical DOGEUSD Daily
▸When DOGEUSD is in Bear Critical:
- then DOGEUSD moved to higher Market State: 31 times — 88.6%
- then DOGEUSD moved to lower Market State: 4 times — 11.4%
▸Current DOGEUSD market energy: -70.86%
- Distance to upper bound of Bear Critical (at -60%): 10.86%
- Distance to lower bound of Bear Critical (at -74.5%): 3.64%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
As the Daily session concludes, DOGEUSD currently in the near-peak Bear energy level.
Market trend update: Market Energy dropped -26.7% this candle, currently -70.9% (previous candle -44.1%).
Time in Bear Critical energy zone: 1 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 -70.9 to +20.6.
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 16-08-2023 closed, DOGEUSD was at 0.06717, down 5.3% from the previous candle (0.07093). Market Energy was -70.9%, down 26.7 points from -44.1%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.
How much did DOGEUSD price move on this Daily candle, and how large is that historically?
DOGEUSD closed at 0.06717, down 5.3% from the previous Daily candle (0.07093). This drop is larger than 81% of past drops on the Daily timeframe for DOGEUSD, across 1,502 candles since 2019.
How did DOGEUSD Market Energy change from the previous candle?
Market Energy fell 26.7 percentage points from the previous candle — from -44.1% to -70.9%. This drop is larger than 93% of past drops on the Daily timeframe for DOGEUSD.
Do DOGEUSD price and energy agree?
Yes. This candle recorded price moving down 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 -44.1%, Bear Bias — when this candle closed, DOGEUSD moved down to a lower zone: Bear Bias → Bear Critical.
Where does DOGEUSD energy sit within the Bear Critical zone?
At -70.9%, DOGEUSD is 10.86 points from the upper boundary of Bear Critical (-60%) and 3.64 points from the lower boundary (-74.5%) — so energy sits closer to the lower boundary at candle close.
What does Bear Critical mean?
Bear Critical is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bear Critical 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 Critical with energy -64.8%; GER40 (European equities) in Bear Bias with energy -50.5%. Against this backdrop, DOGEUSD (Bear Critical, -70.9%) lower than GER40; sits in the same state zone as SPX500.
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 Neutral with Market Energy -0.2%. DOGEUSD energy is currently below DXY by 70.7 points.
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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