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A bearish pattern has recently appeared on the Dogecoin (DOGE) price chart against Bitcoin (BTC). A 23-day moving average has crossed below the 200-day moving average, forming a "death cross" – a bearish technical indicator.
最近在针对比特币(BTC)的Dogecoin(Doge)价格表上出现了看跌模式。 一个23天的移动平均线超过200天移动平均线,形成了“死亡十字” - 看跌技术指标。
It's important to note this death cross occurs on a two-day timeframe for DOGE/BTC, a less commonly used chart setting. However, with the increasing use of algorithms and AI in cryptocurrency trading, even subtle shifts in timeframe analysis can offer valuable insights. 重要的是要注意此死亡十字架发生在Doge/BTC的为期两天的时间范围内,这是一个不常用的图表设置。但是,随着算法和AI在加密货币交易中的使用越来越多,时间范围分析的微妙变化也可以提供有价值的见解。
This death cross suggests a potential correction for DOGE relative to BTC. Dogecoin has already seen a decline following the brief price surge around the U.S. elections. This new technical development could indicate continued underperformance against Bitcoin.
该死亡交叉表明,相对于BTC,Doge的潜在校正。 在美国大选周围的短暂价格上涨之后,Dogecoin已经下降了。这种新的技术发展可能表明对比特币的表现不佳。
If the overall market trends upward, DOGE may struggle to keep pace. A downward market correction could lead to even sharper declines relative to BTC.
如果总体市场趋势向上趋势,Doge可能会难以保持步伐。 下降的市场校正可能会导致相对于BTC的更高下降。
While technical indicators like the death cross aren't always definitive, especially on less conventional timeframes, they offer a valuable perspective for traders. This warrants cautious consideration. Read original article on U.Today
尽管像死亡十字架这样的技术指标并不总是确定的,尤其是在较少的传统时间表上,但它们为交易者提供了宝贵的观点。 这需要谨慎考虑。阅读有关U.Today的原始文章