Amidst a Significant Surge, Dogecoin (DOGE) Forms Symmetrical Triangle Pattern
在大幅上漲中,狗狗幣(DOGE)形成對稱三角形模式
Amidst the recent surge in Dogecoin (DOGE), popular crypto analyst Crypto Daily Trade Signals has identified a symmetrical triangle pattern in the crypto asset's price movements, indicating a possible continuation of the current rising trend. This analysis suggests that Dogecoin, which has garnered significant attention and interest from investors, may be poised to build on its momentum and achieve further gains.
在狗狗幣(DOGE)最近飆升的過程中,受歡迎的加密貨幣分析師 Crypto Daily Trade Signals 發現加密資產的價格走勢存在對稱三角形模式,表明當前的上漲趨勢可能會持續。這項分析表明,已經引起投資者極大關注和興趣的狗狗幣可能會繼續保持其勢頭並取得進一步的收益。
Significance of Dogecoin Symmetrical Triangle Pattern
狗狗幣對稱三角形圖案的意義
A symmetrical triangle chart pattern represents a consolidation phase that precedes a forced breakout or decline in price. A new bearish trend begins when the price breaks down from the lower trend line, while a new bullish trend commences with a breakout from the upper trend line.
對稱三角形圖表模式代表價格強制突破或下跌之前的盤整階段。當價格從下趨勢線跌破時,新的看跌趨勢開始,而當價格突破上趨勢線時,新的看漲趨勢開始。
According to the analyst, the symmetrical triangle pattern presents a significant obstacle for DOGE at the $0.1545 price level. Simultaneously, the 50-day Exponential Moving Average (EMA) continues to provide support at the $0.1513 level.
據分析師稱,對稱三角形模式對 DOGE 在 0.1545 美元的價格水平構成了重大障礙。同時,50 天指數移動平均線 (EMA) 繼續在 0.1513 美元水準提供支撐。
Although the current market price is above the 50 EMA, suggesting a bullish bias, Crypto Daily Trade Signals notes that Dogecoin must surpass the resistance level of $0.1595 to confirm the continuation of the upward trend.
儘管當前市場價格高於 50 EMA,表明存在看漲傾向,但加密貨幣每日交易訊號指出,狗狗幣必須突破 0.1595 美元的阻力位才能確認上漲趨勢的持續。
This perspective is further strengthened by the Relative Strength Index (RSI), which is currently above the 50 EMA and supports a buying trend. The post reads:
相對強弱指數 (RSI) 進一步強化了這一觀點,該指數目前高於 50 EMA,支持買入趨勢。貼文內容如下:
"Dogecoin has formed a symmetrical triangle pattern, presenting a significant hurdle around the $0.1545 mark. Simultaneously, support persists around the $0.1513 level, reinforced by the 50-day EMA."
「狗狗幣已經形成了對稱三角形模式,在 0.1545 美元大關附近形成了一個重要障礙。同時,支撐位持續在 0.1513 美元附近,並得到 50 日均線的加強。”
The expert highlights that DOGE is at a pivotal point around $0.15100 on the 4-hour chart, indicating bullish momentum, with immediate resistance at the $0.15950 mark. The first obstacle to overcome is the immediate resistance at $0.15950, followed by the $0.16980 and $0.18440 levels. While caution is advised if DOGE drops below the pivot point, the RSI's current position suggests an opportunity for further gains.
專家強調,DOGE 處於 4 小時圖上 0.15100 美元附近的關鍵點,顯示看漲勢頭,直接阻力位於 0.15950 美元關口。第一個需要克服的障礙是 0.15950 美元的直接阻力位,其次是 0.16980 美元和 0.18440 美元的水平。雖然如果 DOGE 跌破樞軸點,建議謹慎行事,但 RSI 目前的位置表明有進一步上漲的機會。
The upward trend is supported by a firm base provided by the 50-day EMA around $0.15130. On the downside, immediate support is provided at $0.14270, with additional levels of support at $0.13240 and $0.12030. The RSI stands at 53, indicating neutral conditions.
上升趨勢受到 0.15130 美元附近 50 日均線提供的堅實基礎的支撐。下檔方面,立即支撐位為 0.14270 美元,額外支撐位為 0.13240 美元和 0.12030 美元。 RSI 為 53,顯示中性狀況。
Is $12 DOGE Possible?
12 美元的 DOGE 可能嗎?
Crypto analyst Javin Marks has also provided insights into Dogecoin's recent price action, predicting a potential massive rally to $12. According to Marks, based on previous breakouts and runs, DOGE has maintained its broken status once more.
加密貨幣分析師 Javin Marks 也提供了狗狗幣近期價格走勢的見解,預測其可能大幅上漲至 12 美元。馬克斯表示,基於先前的突破和運行,DOGE再次保持了破位狀態。
These runs have become progressively larger, with the last run recording an upsurge of over 20,000%. Given the nature of these runs, Javin Marks anticipates the current run, which may be in its early stages, to be larger than the previous one. Consequently, the expert expects DOGE to reach $12 or even higher following this run.
這些運行規模逐漸擴大,最近一次運行的增幅超過 20,000%。鑑於這些運行的性質,賈文馬克斯預計目前的運行(可能處於早期階段)將比前一運行規模更大。因此,專家預計 DOGE 在這次運行後將達到 12 美元甚至更高。
Additionally, Marks notes that after the run concludes, DOGE could experience another massive rise of over 7,500%.
此外,Marks 指出,在運行結束後,DOGE 可能會再次出現超過 7,500% 的大幅上漲。
[Image of DOGE trading at $0.15091 on the 1D chart from Tradingview.com]
[來自 Tradingview.com 的一維圖表上 DOGE 交易價格為 0.15091 美元的圖片]
Featured image from iStock, chart from Tradingview.com
精選圖片來自 iStock,圖表來自 Tradingview.com