Crypto analyst Ali suggests that historical trends indicate November could be the catalyst for a bullish run for Dogecoin (DOGE).
加密貨幣分析師阿里表示,歷史趨勢顯示 11 月可能成為狗狗幣(DOGE)看漲的催化劑。
Ali emphasizes the importance of monitoring a sustained close above the critical $0.20 mark.
Ali 強調了監控收盤價持續高於 0.20 美元關鍵關口的重要性。
The analyst presents a chart illustrating three notable descending triangle patterns on Dogecoin's monthly timeframe, each followed by significant breakouts. Ali analyzes these patterns to assess potential implications for future price movements.
分析師提供了一張圖表,說明了狗狗幣每月時間框架上的三種顯著的下降三角形模式,每種模式都隨後出現了重大突破。阿里分析這些模式以評估對未來價格變動的潛在影響。
Key Observations from Historical Patterns:
歷史模式的主要觀察:
- First Pattern (2015-2017): A descending triangle developed over approximately 38 months. A price surge past the descending trendline resulted in an astronomical gain of over 8,933%, marking Dogecoin's inaugural major rally. Following extended consolidation within the triangle, a bullish breakout led to parabolic price movement.
- Second Pattern (2018-2021): Another similar descending triangle formed, lasting about 36 months. This breakout was even more substantial, yielding a gain exceeding 15,524%. The setup and duration closely mirrored the first, leading to another significant rally after a confirmed breakout above the trendline.
- Current Pattern (2022-Present): A comparable descending triangle pattern is currently in play, with Dogecoin consolidating for roughly 42 months. The price approaches the upper boundary of the triangle, near the $0.20 level, which serves as a critical resistance.
According to the analyst, a sustained monthly close above $0.20 could confirm a breakout, potentially triggering another parabolic surge reminiscent of previous patterns.
第一種形態(2015-2017):下降三角形在大約 38 個月內形成。價格飆升超過下降趨勢線導致超過 8,933% 的天文數字漲幅,標誌著狗狗幣首次大幅上漲。在三角形內擴大盤整後,看漲突破導致拋物線價格走勢。此次突破幅度更大,漲幅超過 15,524%。該設定和持續時間與第一個密切相關,在確認突破趨勢線後導致另一次大幅反彈。 。價格接近三角形的上邊界,接近0.20 美元的水平,這是一個關鍵阻力位。模式。
Ali's Analysis: Key Levels to Watch
阿里的分析:值得關注的關鍵級別
Ali indicates that history may repeat itself, with November poised to initiate a bullish run for Dogecoin if it achieves a sustained close above $0.20. This price point represents the upper boundary of the descending triangle. A breakout and hold above this level would signify strength and likely attract significant buying interest. The consistent pattern structure and breakout behavior across all three instances suggest that Dogecoin could be on the verge of another explosive move if it closes above the trendline resistance.
阿里表示,歷史可能會重演,如果狗狗幣收盤價持續高於 0.20 美元,11 月狗狗幣將迎來看漲行情。此價格點代表下降三角形的上邊界。突破並保持在該水平之上將意味著強勢,並可能吸引大量買盤興趣。所有三個實例的一致模式結構和突破行為表明,如果狗狗幣收於趨勢線阻力之上,則可能處於另一次爆炸性走勢的邊緣。
Previous breakouts from similar setups have resulted in exponential gains, although past performance does not guarantee future results. Surpassing the $0.20 mark may generate a fresh wave of investor interest, particularly given the influence of social sentiment and historical trends on Dogecoin's pricing.
儘管過去的表現並不能保證未來的結果,但類似設定的先前突破已帶來指數級收益。突破 0.20 美元大關可能會引發新一波投資者興趣,特別是考慮到社會情緒和歷史趨勢對狗狗幣定價的影響。