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.
加密货币分析师阿里表示,狗狗币(DOGE)在其周线图上突破多年下降三角形模式后,本周重新引起了人们的兴趣。
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,狗狗币的走高证实了每周时间框架上 TD 顺序指标的买入信号。这增加了这种受模因启发的加密货币的看涨理由。
“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.
“狗狗币显示出有希望的迹象,突破了美元 DOGE 周线图上的多年下降三角形!在此时间范围内 TD 序贯指标确认买入信号强化了 DOGE 的看涨前景。”阿里说。
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.
过去一周,狗狗币上涨了 15% 左右。然而,该价格目前面临 0.07 美元附近的阻力,该水平与 200 日移动平均线一致。
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.
根据 Ali 的说法,狗狗币需要突破并守住 0.07 美元的水平才能确认上升趋势。这将意味着从长期下降趋势转向新的看涨趋势。
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.
狗狗币的相对强弱指数(RSI)是衡量动量的技术指标,目前在周线图上约为 64。 RSI 高于 70 被视为超买区域,资产可能已准备好回调。
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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.
如果狗狗币能够在 200 日移动均线上方获得接受,它可能会进一步上涨至 0.08 美元左右的下一个阻力位。然而,如果未能突破 0.07 美元,涨势可能会在短期内停滞。交易员将密切关注这款模因币能否延续近期的看涨势头。
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The post Dogecoin Faces Resistance at $0.07, but This DOGE Indicator Confirms a ‘Buy Signal’ appeared first on CaptainAltcoin.
狗狗币在 0.07 美元处面临阻力,但狗狗币指标确认了“买入信号”,首先出现在 CaptainAltcoin 上。