Key Factors Pressuring Dogecoin Prices

影響狗狗幣價格的關鍵因素

Cryptocurrency market analyst Josh Olszewicz, utilizing the Ichimoku Cloud, suggests a potential decline in Dogecoin prices, cautioning investors. His analyses, renowned for their accuracy and detail, highlight crucial technical indicators in the daily DOGE/USD chart.

加密貨幣市場分析師 Josh Olszewicz 利用 Ichimoku Cloud 暗示狗狗幣價格可能會下跌，並警告投資者。他的分析以其準確性和細節而聞名，突出了每日 DOGE/USD 圖表中的關鍵技術指標。

Two Factors Exerting Pressure on Dogecoin Prices

對狗狗幣價格施加壓力的兩個因素

According to Olszewicz's analysis, two primary technical factors are pressuring Dogecoin prices:

根據 Olszewicz 的分析，有兩個主要技術因素正在給狗狗幣價格帶來壓力：

1. TK Cross: The downward intersection of the Tenkan-Sen and Kijun-Sen lines, known as the "TK cross." Tenkan-Sen represents the average of the last nine periods, while Kijun-Sen represents the average of the last twenty-six periods. The crossing of Tenkan-Sen below Kijun-Sen signals a significant downward trend.
2. Kumo Breakout: Kumo, a component of the Ichimoku Cloud indicator, helps identify key support or resistance levels. Olszewicz's analysis indicates that when Dogecoin's price falls below the cloud, it signifies a negative market direction, suggesting a bearish outlook for DOGE.

TK 十字：Tenkan-Sen 線和 Kijun-Sen 線的向下交叉點，稱為“TK 十字”。 Tenkan-Sen 代表最後 9 個週期的平均值，而 Kijun-Sen 代表最後 26 個週期的平均值。 Tenkan-Sen 穿過 Kijun-Sen 預示著顯著的下降趨勢。 Olszewicz 的分析表明，當狗狗幣的價格跌破雲層時，就意味著市場走向消極，表明狗狗幣的前景看跌。

Olszewicz's charts show that Dogecoin is currently trading at $0.14, positioned below the cloud, indicating a bearish trend and potential for further price declines.

Olszewicz 的圖表顯示，狗狗幣目前的交易價格為 0.14 美元，位於雲層下方，顯示看跌趨勢和價格進一步下跌的潛力。

Watch for the Head and Shoulders Formation

留意頭肩形態

In subsequent analysis, Olszewicz identifies a potential Head and Shoulders formation on the 12-hour Dogecoin charts. This formation, featuring a distinct head and two shoulders, typically precedes a significant price drop. If Dogecoin's price falls below the crucial support level of $0.14, this formation could be confirmed, potentially triggering further declines.

在隨後的分析中，Olszewicz 在 12 小時狗狗幣圖表上確定了潛在的頭肩形狀。這種形態具有明顯的頭和兩個肩，通常會出現在價格大幅下跌之前。如果狗狗幣的價格跌破 0.14 美元的關鍵支撐位，這種形態可能會得到確認，並可能引發進一步的下跌。

Olszewicz's analysis suggests an impending drop in Dogecoin prices, known as the "meme coin king" in the cryptocurrency market. Market participants are advised to closely monitor the $0.14 level, as a break below this level would confirm the bearish trend. The analyst predicts a potential 40% retreat, which would see Dogecoin's price return to approximately $0.10.

Olszewicz 的分析表明，被稱為加密貨幣市場「模因幣王」的狗狗幣價格即將下跌。建議市場參與者密切關注 0.14 美元水平，因為跌破該水平將確認看跌趨勢。分析師預測，狗狗幣的價格可能會下跌 40%，進而回到 0.10 美元左右。

The original article was first published on COINTURK NEWS: Key Factors Pressuring Dogecoin Prices

原文首次發表於 COINTURK NEWS：影響狗狗幣價格的關鍵因素