Dogecoin (DOGE) has seen renewed interest this week after breaking out from a multi-year descending triangle pattern on its weekly chart, according to crypto analyst Ali.
加密貨幣分析師阿里表示,狗狗幣(DOGE)在其周線圖上突破多年下降三角形模式後,本週重新引起了人們的興趣。
Ali pointed out that Dogecoin’s move higher confirms a buy signal from the TD Sequential indicator on the weekly timeframe. This adds to the bullish case for the meme-inspired cryptocurrency.
阿里指出,狗狗幣的走高證實了每週時間框架上 TD 順序指標的買入訊號。這增加了這種受迷因啟發的加密貨幣的看漲理由。
“Dogecoin shows promising signs, breaking out from a multi-year descending triangle on the $DOGE weekly chart! The confirmation of a buy signal from the TD Sequential indicator within this timeframe reinforces DOGE bullish outlook.” said Ali.
「狗狗幣顯示出有希望的跡象,突破了美元 DOGE 週線圖上的多年下降三角形!在此時間範圍內 TD 序貫指標確認買入訊號強化了 DOGE 的看漲前景。”阿里說。
Dogecoin has rallied around 15% over the past week. However, the price is currently facing resistance around the $0.07 level, which aligns with its 200-day moving average.
過去一周,狗狗幣上漲了 15% 左右。然而,該價格目前面臨 0.07 美元附近的阻力,該水平與 200 日移動平均線一致。
According to Ali, Dogecoin needs to break above and hold the $0.07 level in order to confirm an uptrend. This would imply a shift from its long-term downtrend to a new bullish trend.
根據 Ali 的說法,狗狗幣需要突破並守住 0.07 美元的水平才能確認上升趨勢。這將意味著從長期下降趨勢轉向新的看漲趨勢。
The relative strength index (RSI), a technical indicator measuring momentum, is currently around 64 for Dogecoin on the weekly chart. An RSI above 70 is considered overbought territory where the asset may be primed for a pullback.
狗狗幣的相對強弱指數(RSI)是衡量動量的技術指標,目前在周線圖上約為 64。 RSI 高於 70 被視為超買區域,該資產可能已準備好回調。
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If Dogecoin can gain acceptance above its 200-day moving average, it could target further upside toward the next resistance around $0.08. However, failure to break above $0.07 could see the rally stall in the near-term. Traders will be closely watching whether the meme coin can build on its recent bullish momentum.
如果狗狗幣能夠在 200 日移動均線上方獲得接受,它可能會進一步上漲至 0.08 美元左右的下一個阻力位。然而,如果未能突破 0.07 美元,漲勢可能會在短期內停滯。交易員將密切關注這款迷因幣能否延續近期的看漲勢頭。
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The post Dogecoin Faces Resistance at $0.07, but This DOGE Indicator Confirms a ‘Buy Signal’ appeared first on CaptainAltcoin.
狗狗幣在 0.07 美元處面臨阻力,但狗狗幣指標確認了“買入訊號”,首先出現在 CaptainAltcoin 上。