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| Price | ▼ 0.13% | ▼ 5.03% | ▼ 5.30% | ▼ 9.16% |
| Energy | ▼ 15.6 | ▼ 31.2 | ▼ 26.7 | ▼ 3.7 |
Trend of Bear Extreme DOGEUSD Daily
▸When DOGEUSD is in Bear Extreme:
- then DOGEUSD moved to higher Market State: 13 times — 100%
- then DOGEUSD moved to lower Market State: 0 times — 0%
▸Current DOGEUSD market energy: -74.52%
- Distance to upper bound of Bear Extreme (at -74.5%): 0.02%
- Distance to bottom -100%: 25.48%
"A person's history reveals more than you might think" — 2AITRADING
As the Daily session concludes, Market DOGEUSD in the extreme Bear energy zone.
Looking at the Market Energy reading, A -3.7% change from the previous candle, Market Energy is now -74.5% (previous: -70.9%).
Time in Bear Extreme 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 -74.5 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 17-08-2023 closed, DOGEUSD was at 0.06102, down 9.16% from the previous candle (0.06717). Market Energy was -74.5%, down 3.7 points from -70.9%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
How much did DOGEUSD price move on this Daily candle, and how large is that historically?
DOGEUSD closed at 0.06102, down 9.16% from the previous Daily candle (0.06717). This drop is larger than 93% of past drops on the Daily timeframe for DOGEUSD, across 1,503 candles since 2019.
How did DOGEUSD Market Energy change from the previous candle?
Market Energy fell 3.7 percentage points from the previous candle — from -70.9% to -74.5%. This drop is larger than 33% of past drops on the Daily timeframe for DOGEUSD.
Do DOGEUSD price and energy agree?
Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was DOGEUSD in on the previous Daily candle?
The previous Daily candle had DOGEUSD at -70.9%, Bear Critical — when this candle closed, DOGEUSD moved down to a lower zone: Bear Critical → Bear Extreme.
Where does DOGEUSD energy sit within the Bear Extreme zone?
At -74.5%, DOGEUSD is 0.02 points from the upper boundary of Bear Extreme (-74.5%) and 25.48 points from the lower boundary (-100%) — so energy sits closer to the upper boundary at candle close.
What does Bear Extreme mean?
Bear Extreme 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 Extreme 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 Extreme with energy -92.1%; GER40 (European equities) in Bear Extreme with energy -95.1%. Against this backdrop, DOGEUSD (Bear Extreme, -74.5%) sits in the same state zone as 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 Extreme with Market Energy 84.5%. DOGEUSD (Bear Extreme) and DXY currently sit on opposite sides.
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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