Date: Sun, Nov 17, 2024, 10:47 AM GMT

日期：2024 年 11 月 17 日，星期日，上午 10:47（格林尼治標準時間）

The cryptocurrency market is experiencing a strong uptrend following Donald Trump's victory in the U.S. election on November 5th. Bitcoin (BTC) has reached a record high of $93,474. Alongside Bitcoin's rally, Dogecoin (DOGE), a popular memecoin, has surged over 100% in the last 30 days. The momentum is further fueled by Trump's announcement of Elon Musk and Vivek Ramaswamy leading the newly formed "Department of Government Efficiency" (DOGE).

唐納德·川普 (Donald Trump) 於 11 月 5 日在美國大選中獲勝後，加密貨幣市場正經歷強勁的上漲趨勢。比特幣（BTC）已達到 93,474 美元的歷史新高。隨著比特幣的上漲，狗狗幣（DOGE），一種流行的 memecoin，在過去 30 天內飆升了 100% 以上。川普宣布伊隆·馬斯克和維韋克·拉馬斯瓦米領導新成立的「政府效率部」（DOGE），進一步推動了這一勢頭。

However, after reaching a local high of $0.44, Dogecoin has entered a period of consolidation and is currently trading around $0.3613. This has raised questions about whether DOGE is poised for another breakout.

然而，在觸及0.44美元的局部高點後，狗狗幣進入了盤整期，目前交易價格約為0.3613美元。這引發了人們對 DOGE 是否準備好再次突破的疑問。

Source: Coinmarketcap

資料來源：Coinmarketcap

Bull Flag Pattern: A Positive Sign?

牛市旗形：正向訊號？

Dogecoin's recent price action has formed a bull flag continuation pattern, a technical setup often seen as a bullish indicator. Here's what makes the bull flag noteworthy:

狗狗幣最近的價格走勢形成了牛旗延續模式，這種技術設定通常被視為看漲指標。以下是牛旗值得注意的原因：

1. Flagpole Formation: DOGE's sharp rally from $0.18 to $0.44 represents the flagpole, showing a strong initial upward move driven by high momentum.
2. Consolidation Phase (The Flag): After the rally, DOGE has entered a consolidation phase, marked by descending parallel trendlines. This phase often represents a temporary pause before the continuation of the upward trend.
3. Resistance Level: DOGE is currently testing the upper boundary of the flag around $0.37-$0.38. A breakout above this level could trigger the next bullish wave.
4. Potential Upside Targets: If DOGE breaks out of the bull flag pattern, the measured move suggests a price target of around $0.54, derived by adding the flagpole's height ($0.26) to the breakout level ($0.18-$0.43).

5. Key Indicators:

   旗桿形成：DOGE 從0.18 美元大幅上漲至0.44 美元代表旗桿，顯示出在高動量驅動下強勁的初始上升走勢。標誌。這一階段通常代表上升趨勢繼續之前的暫時停頓。突破該水平可能會引發下一輪看漲浪潮。突破水準得出的($0.18-$0.43)。

   • Relative Strength Index (RSI): The RSI at 52.92 is in the neutral zone, indicating DOGE has room to climb further before reaching overbought territory.
   • Support Zone: The lower boundary of the flag, around $0.34, acts as a key support level.

What to Expect Ahead?

相對強弱指數 (RSI)：RSI 位於 52.92 處於中性區域，顯示 DOGE 在達到超買區域之前還有進一步攀升的空間。未來？

Dogecoin's bull flag pattern is flashing strong bullish signals. If DOGE manages to break above $0.38, it could be primed for another rally, with targets potentially as high as $0.54. As always, traders should monitor the price action closely and use proper risk management.

狗狗幣的牛旗形態正在閃爍強烈的看漲訊號。如果 DOGE 成功突破 0.38 美元，它可能會再次上漲，目標可能高達 0.54 美元。與往常一樣，交易者應密切監控價格走勢並使用適當的風險管理。

Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.

免責聲明：本文僅供參考，並非財務建議。在投資加密貨幣之前，請務必進行自己的研究。