
This analysis piece claims that Dogecoin (DOGE) is potentially forming a cup and handle pattern on the weekly chart, which could signal a significant price increase. The analyst predicts that, if confirmed, Dogecoin could be targeting an ambitious price target of $4.
該分析文章聲稱,Dogecoin(Doge)可能在每週圖表上形成杯子和手柄模式,這可能標誌著價格大幅上漲。分析師預測,如果確認,Dogecoin可能以4美元的價格目標目標目標。
The first stage of this pattern, the cup, began taking shape when Dogecoin initially declined from its May 2021 all-time high at $0.74. This downward movement led to an extended consolidation period, where the asset gradually formed a rounded bottom in the $0.05-$0.06 range. The curvature of the price action suggests a slow but steady shift in market sentiment, where selling pressure was gradually absorbed by buyers accumulating DOGE at lower levels.
該模式的第一階段,即杯杯開始成形,當Dogecoin最初從2021年5月的歷史高處下降,$ 0.74。這種向下的移動導致了一個延長的合併期,資產逐漸形成了$ 0.05- $ 0.06的圓底底部。價格行動的曲率表明,市場情緒的緩慢但穩定的轉變,在這種情況下,銷售壓力逐漸被較低水平的買家積累的買家所吸收。
As time progressed, Dogecoin started to recover from this bottom, pushing back towards its December 2024 high at $0.48. The gradual and steady rise back to this high signals that bullish momentum has been building, with increasing interest from market participants.
隨著時間的流逝,Dogecoin開始從這個底部恢復,返回其2024年12月的高點,為0.48美元。隨著市場參與者的興趣越來越多的興趣,逐漸而穩定的興趣可以追溯到看漲勢頭一直在建立的高信號。
After reaching the $0.48 resistance level, Dogecoin faced a rejection, leading to a moderate pullback. This decline formed the handle, a smaller downward retracement that typically precedes the final breakout. The handle in this setup is forming around the $0.14-$0.17 price zone, where the market is currently consolidating.
達到0.48美元的電阻水平後,Dogecoin面臨拒絕,導致中度回調。這種下降形成了手柄,這是一個較小的向下回試,通常在最終突破之前。此設置中的手柄構成了$ 0.14- $ 0.17的價格區,市場目前正在合併。
The handle serves as the last phase where weaker hands exit, and stronger buying interest gathers momentum before a decisive move higher. If Dogecoin successfully breaks out of the cup and handle pattern, the projected price target can be estimated using the measured move technique. This involves calculating the depth of the cup and adding that value to the breakout point. Based on this method, the expected target is around $4, according to the chart shared by analyst Kevin.
手柄是較弱的手退出的最後階段,而更強大的購買興趣收集到決定性移動更高之前的動力。如果Dogecoin成功脫離了杯子和手柄模式,則可以使用測量的移動技術估算預計的目標目標。這涉及計算杯子的深度並將該值添加到突破點。根據分析師凱文(Kevin)共享的圖表,基於此方法,預期目標約為4美元。
A textbook cup and handle requires specific structural characteristics, including a rounded bottom and a shallow handle, forming near a prior all-time high or key resistance zone before a breakout. However, there are critical deviations in this analysis that cast doubt on its validity.
教科書杯和手柄需要特定的結構特徵,包括圓形底部和淺的手柄,在突破之前在先前的歷史高或鑰匙阻力區附近形成。但是,在這種分析中存在關鍵的偏差,使其對其有效性產生懷疑。
The decline from $0.74 (May 2021 ATH) to $0.05-$0.06 is too deep and prolonged to be considered a proper cup formation. Classic cup patterns typically form over weeks to months, not multiple years of extended downtrend. The recovery from $0.05-$0.06 to $0.48 is not symmetrical with the initial drop, making the “rounded bottom” aspect of the cup questionable. Instead, the price action resembles a multi-year accumulation phase rather than a continuous rounding structure.
從0.74美元(2021 ATH)下降到0.05- $ 0.06的下降太深了,延長了,無法被視為適當的杯形陣型。經典的杯子圖案通常在數周到幾個月內形成,而不是多年的延長下降趨勢。從$ 0.05- $ 0.06到$ 0.48的回收與初始下降並不是對稱的,這使得杯子的“圓底”方面令人質疑。相反,價格行動類似於一個多年的積累階段,而不是連續的圓形結構。
Moreover, the handle is forming too deep in the structure. A valid handle should develop near the rim (i.e., close to $0.48), but in this case, Dogecoin has retraced all the way down to $0.14-$0.17—which is a massive drop of over 65% from the supposed cup rim. A healthy handle should not drop below 50% of the cup’s depth, but here, it retraces nearly to the lower third of the structure, invalidating the classical pattern.
此外,手柄在結構中形成太深。有效的手柄應在輪輞附近開發(即接近$ 0.48),但是在這種情況下,Dogecoin一直回落至$ 0.14- $ 0.17,這是從假定的杯籃板上大量下降了65%以上。健康的手柄不應將杯子深度的50%降至50%以下,但是在這裡,它幾乎將其檢索到結構的下三分之一,從而使經典模式無效。
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