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Trend of Bull Bias DOGEUSD 1H
▸When DOGEUSD is in Bull Bias:
- then DOGEUSD moved to higher Market State: 1,058 times — 24.1%
- then DOGEUSD moved to lower Market State: 3,330 times — 75.9%
▸Current DOGEUSD market energy: 33.88%
- Distance to upper bound of Bull Bias (at 60%): 26.12%
- Distance to lower bound of Bull Bias (at 20.88%): 13%
"To truly understand anything, study its history" — 2AITRADING
As the 1H candle closes, DOGEUSD classified as Bull Bias.
On the measurement side, Compared to the previous candle (15.4%), Market Energy rose +18.5% to 33.9%.
Time in Bull Bias energy zone: 1 1H 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 -75.7 to +76.7.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was DOGEUSD on 1H when this candle closed?
When the 1H candle at 21:00 on 17-05-2024 closed, DOGEUSD was in Bull Bias with Market Energy 33.9%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did DOGEUSD Market Energy change from the previous candle?
Market Energy rose 18.5 percentage points from the previous candle — from 15.4% to 33.9%.
What state was DOGEUSD in on the previous 1H candle?
The previous 1H candle had DOGEUSD at 15.4%, Neutral — when this candle closed, DOGEUSD moved up to a higher zone: Neutral → Bull Bias.
Where does DOGEUSD energy sit within the Bull Bias zone?
At 33.9%, DOGEUSD is 26.12 points from the upper boundary of Bull Bias (60%) and 13 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 Bias with energy 24.8%; GER40 (European equities) in Bull Critical with energy 70%. Against this backdrop, DOGEUSD (Bull Bias, 33.9%) 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 Bear Extreme with Market Energy -98.9%. DOGEUSD (Bull Bias) 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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