Analysis

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Candle close
Price and energy
DOGEUSD from 0.197 to 0.19365, down 1.70%
Market Energy Bull Extreme 79.1% to Bull Bias 44.1%, down 35.0 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.22%▲ 0.74%▼ 0.04%▼ 1.70%
Energy▼ 6.9▼ 0.8▼ 1.7▼ 35.0
Volatility trend chart · last 4 sessions
▼ 0.22%▲ 0.74%▼ 0.04%▼ 1.70%▼ 6.9▼ 0.8▼ 1.7▼ 35.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 1.70% — higher than 91% of past drops
0%255075100%
Energy down 35.0 pts — higher than 94% of past drops
RESEARCH

Trend of Bull Bias DOGEUSD 1H

Sample: 63,590 1H candles from 2019-07-05 to 2026-10-07
Number of Bull Bias occurrences: 4,465 times

▸When DOGEUSD is in Bull Bias:

  • then DOGEUSD moved to higher Market State: 1,090 times — 24.4%
  • then DOGEUSD moved to lower Market State: 3,375 times — 75.6%

▸Current DOGEUSD market energy: 44.1%

  • Distance to upper bound of Bull Bias (at 60%): 15.9%
  • Distance to lower bound of Bull Bias (at 20.88%): 23.22%

"To truly understand anything, study its history" — 2AITRADING

DOGEUSD · H1 · 2024-04-07 06:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
79.1%
Bull Extreme
44.1%
Bull Bias
41.9%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Right as the 1H candle closes, DOGEUSD currently in the Bull Bias zone.

Meanwhile, Market Energy dropped -35% from the previous session, from 79.1% to 44.1%.

Time in Bull Bias energy zone: 1 1H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, DOGEUSD Market Energy ranged from -76.1 to +91.6.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did DOGEUSD price and energy show when this 1H candle closed?

When the 1H candle at 13:00 on 07-04-2024 closed, DOGEUSD was at 0.19365, down 1.7% from the previous candle (0.197). Market Energy was 44.1%, down 35.0 points from 79.1%, 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 1H candle, and how large is that historically?

DOGEUSD closed at 0.19365, down 1.7% from the previous 1H candle (0.197). This drop is larger than 91% of past drops on the 1H timeframe for DOGEUSD, across 41,661 candles since 2019.

How did DOGEUSD Market Energy change from the previous candle?

Market Energy fell 35 percentage points from the previous candle — from 79.1% to 44.1%. This drop is larger than 94% of past drops on the 1H timeframe for DOGEUSD.

Do DOGEUSD price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.

What state was DOGEUSD in on the previous 1H candle?

The previous 1H candle had DOGEUSD at 79.1%, Bull Extreme — when this candle closed, DOGEUSD moved down to a lower zone: Bull Extreme → Bull Bias.

Where does DOGEUSD energy sit within the Bull Bias zone?

At 44.1%, DOGEUSD is 15.9 points from the upper boundary of Bull Bias (60%) and 23.22 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 Bull Critical with energy 67.5%; GER40 (European equities) in Bull Bias with energy 58.1%. Against this backdrop, DOGEUSD (Bull Bias, 44.1%) lower than SPX500; sits in the same state zone as 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 Neutral with Market Energy -1.4%. DOGEUSD energy is currently above DXY by 45.5 points.

Real-time Energy Chart

See the real-time energy chart for DOGEUSD.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for DOGEUSD on the DOGEUSD overview →

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