Dogecoin (CRYPTO: DOGE) prices saw some strength on Friday morning as technical traders noted a classic bullish reversal pattern forming on the 4-hour chart.

Dogecoin（Crypto：Doge）的價格在周五早上有一定的力量，技術貿易商在4小時圖表上指出了經典的看漲逆轉模式。

What Happened: Popular crypto analyst Trader Tardigrade, known on X as @TATrader_Alan, highlighted the inverse Head and Shoulders pattern that had emerged on the Dogecoin H4 chart.

發生了什麼：流行的加密分析師Trader Tardigrade（在X上稱為@Tatrader_Alan）強調了Dogecoin H4圖表上出現的逆頭和肩膀圖案。

This pattern is often used by traders to indicate a trend may be shifting from bearish to bullish and it comes at a time when the memecoin is showing some strength.

交易者經常使用這種模式來表明趨勢可能正在從看跌轉變為看漲，並且在Memecoin表現出一定的力量的時候。

At the time of writing, DOGE was trading at $0.145, showing a 2.1% increase over the previous day’s market close of $0.142.

在寫作時，Doge的交易價格為0.145美元，比前一天的市場上漲2.1％，收於0.142美元。

This price move was seen with an increase in volume of 15% as 1.2 billion DOGE traded, which is above the seven-day average of 1.04 billion, according to CoinGecko.

根據Coingecko的數據，這一價格轉移的數量增加了15％，總額為12億座交易，高於7天平均10.4億。

Related: How To Buy Dogecoin (DOGE)

相關：如何購買Dogecoin（Doge）

Inverse Head and Shoulders Pattern: For technical traders, the inverse Head and Shoulders pattern shows three lower highs (the ‘heads’) and two higher lows (the ‘shoulders’).

逆向頭和肩膀模式：對於技術交易者，逆頭和肩膀模式顯示了三個較低的高點（“頭”）和兩個較高的低點（“肩膀”）。

The neckline is an area of support that connects the lows of the pattern. A break above the neckline can signal the continuation of the bullish trend.

領口是連接圖案低點的支撐區域。領口上方的突破可以表明看漲趨勢的延續。

According to Trader Tardigrade, if there is a break above the neckline with confirmation, then the projected target is around $0.174, which is about a 20% potential upside.

根據Trader Tardigrade的說法，如果確認的領口上方有一個突破，那麼預計的目標約為0.174美元，大約有20％的潛在上升空間。

Key Chart Indicators: The H4 chart also showed key indicators in oversold territory, which could indicate the potential for a short-term bullish move.

關鍵圖表指標：H4圖還顯示了超售區域中的關鍵指標，這可能表明有可能進行短期看漲行動。

The Relative Strength Index (RSI) was reading at 33.46 and the Stochastic Oscillator at 0.018. Both indicators are typically overbought when above 70 and oversold when below 30.

相對強度指數（RSI）的讀數為33.46，隨機振盪器的讀數為0.018。當30歲以下時，當兩個指標超過70且超賣時，這兩個指標通常被過多地購買。

The MACD also showed a potential bullish crossover with the MACD line at -0.0003 and the Signal line at -0.0004. A MACD bullish crossover occurs when the MACD line trades above the Signal line.

MACD還顯示了MACD線的潛在看漲，以-0.0003為-0.0004。當MACD線在信號線上交易時，MACD看漲跨界。

This occurs during a downtrend and can indicate the potential for the trend to shift.

這發生在下降趨勢期間，可以表明趨勢轉移的可能性。

What Next: Traders will be watching closely to see if the pattern plays out as expected with a break and hold above the neckline.

接下來的事情：交易者將密切關注，以查看該模式是否按預期進行，並在領口上方握住。

A move in the U.S. dollar could play a factor in the near term as traders await the Consumer Price Index report for March.

隨著交易者在等待3月份的消費者價格指數報告，一美元的舉動可能會在短期內發揮作用。

The CPI report is expected to show a 0.3% month-over-month increase and a 3.5% year-over-year increase. A higher-than-expected reading could put pressure on the dollar and support cryptocurrencies.

預計CPI報告將顯示每月增加0.3％，同比增長3.5％。高於預期的讀數可能會給美元帶來壓力並支持加密貨幣。

The dollar was trading flat on Friday morning and a weaker dollar can support cryptocurrencies like Dogecoin as they are often seen as a hedge against inflation.

美元在周五早上進行交易，較弱的美元可以支持像Dogecoin這樣的加密貨幣，因為它們通常被視為反對通貨膨脹的對沖。

The DOGE/BTC pair also saw some slight strength on Friday morning, moving up 0.2% to trade at 0.0000023 BTC.

Doge/BTC對在周五早上還看到了一些輕微的實力，以0.0000023 BTC的價格上漲了0.2％。

Bitcoin has been trading sideways and any strength in the benchmark crypto could put pressure on altcoins like Dogecoin.

比特幣一直在側面交易，基準加密貨幣的任何強度都可能施加壓力，例如Dogecoin等山寨幣。

Top traders often keep an eye on the broader crypto market trends and how different sectors may be rotating.

頂級交易者通常會密切關注更廣泛的加密貨幣市場趨勢以及不同部門的旋轉方式。

Earlier this week, a major A.I. firm unveiled a new large language model that can be used to improve trading algorithms. The news saw an increase in volume on Thursday for A.I. related tokens like SingularityNET (CRYPTO: AGIX) which saw a 3% bump in volume.

本週早些時候，一家大型AI公司推出了一種新的大型語言模型，可用於改善交易算法。對於AI相關令牌（如SingularityNet（Crypto：Agix）），該消息的數量增加了3％。

Fetch.AI (CRYPTO: FET) saw a 2.4% increase in volume on Thursday. Both tokens saw small gains of less than 1% on Friday morning.

Fetch.ai（加密：FET）週四的數量增加了2.4％。兩個令牌在周五早上的少量收益不到1％。

While Dogecoin is not directly linked to the A.I. sector, the crypto markets often move in waves and any enthusiasm in one sector could spill over into other areas of the market.

儘管Dogecoin與AI行業沒有直接相關，但加密貨幣市場通常會浪費，一個部門的任何熱情都可能溢出到市場的其他領域。