- A rejection at $0.072 could draw the coin price to $0.065.
- Should Dogecoin retest $0.072, then the price action could drive toward $0.1
- DOGE’s formation of a falling wedge was instrumental to its recent 17% 30-day hike.
$0.072에서 거부되면 코인 가격이 $0.065로 떨어질 수 있습니다.
DOGE의 하강 쐐기 형성은 최근 30일 동안 17% 상승하는 데 중요한 역할을 했습니다.
As October inches towards its last week, Dogecoin (DOGE) made sure talk about a monthly rally did not go without materializing. In the last 30 days, DOGE posted 17.41% gains, in a month that saw many cryptocurrencies follow Bitcoin (BTC) in the upward direction.
Dogecoin’s hike was not only a result of BTC’s rise or its correlation with the top-ranked asset by market cap. Instead, DOGE had formed a falling wedge dating back to 29 August through 18 October. This pattern was displayed on the DOGE/USD daily chart.
도지코인의 상승은 BTC의 상승이나 시가총액 상위 자산과의 상관관계 때문만은 아닙니다. 대신 DOGE는 8월 29일부터 10월 18일까지 거슬러 올라가는 하락 쐐기를 형성했습니다. 이 패턴은 DOGE/USD 일일 차트에 표시되었습니다.
For those unfamiliar, a falling wedge is a pattern formed by drawing two descending lines. The top line represents a high while the other one represents a low. Whenever this pattern appears, a bullish reversal is formed.
A Correction Before a Breakout
According to the chart shown below, DOGE developed solid support at $0.0577 after the pattern formed. At the price, sellers were exhausted, and bulls took the opportunity t…
아래 차트에 따르면 DOGE는 패턴이 형성된 후 $0.0577에 견고한 지지를 얻었습니다. 가격에 판매자는 지쳤고 황소는 기회를 잡았습니다.
The post Is DOGE About to Get Teleported from $0.071 Resistance to $0.1? appeared first on Coin Edition.
이 게시물은 DOGE가 $0.071 저항에서 $0.1로 순간이동될 예정입니까? 코인 에디션에 처음 등장했습니다.
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