A widely followed cryptocurrency analyst forecasted a breakout for Dogecoin (CRYPTO: DOGE) toward $1 on Tuesday, based on their analysis of the meme coin’s weekly chart.

一位受到廣泛關注的加密貨幣分析師預測，基於他們對模因硬幣的每週圖表的分析，週二的Dogecoin（Crypto：Doge）的突破為1美元。

What Happened: In an X post, Trader Tartigrade drew attention to the four completed red candles on the chart, with the current week’s candle potentially passing through the mid-band, forming a green candle. The analyst used the Gaussian Channel indicator, a widely used method to identify potential overbought or oversold conditions. The upper and lower bands of the channel acted as dynamic support and resistance levels.

發生的事情是：在X帖子中，交易員塔特里格拉德（Tartigrade）提請注意圖表上的四個完成的紅色蠟燭，當前一周的蠟燭可能會穿過中帶，形成了綠色的蠟燭。分析師使用了高斯通道指標，這是一種廣泛使用的方法來識別潛在的過多購買或超賣條件。該通道的上和下帶充當動態支撐和電阻水平。

“Trendline resistance targets the price near the $1 mark,” Trader Tartigrade said. Should the prediction come true, it would amount to a 488% upside from DOGE’s current levels.

Trader Tartigrade說：“趨勢線的抵抗力的目標是接近1美元。”如果預測成真，則總計為Doge當前水平的488％上漲。

Trader Tardigrade also outlined how DOGE experienced false breakdowns and breakouts in different ranges.

Trader Tardigrade還概述了Doge如何在不同範圍內經歷了錯誤的崩潰和突破。

“DOGE has now returned to its current range. Soon, DOGE is expected to break out, potentially sending it higher,” they added, highlighting the coin’s previous instance of a breakout following a false break.

他們補充說：“ Doge現在已經恢復了目前的範圍。很快，Doge將爆發，可能會爆發更高的範圍。”

See Also: Forget Dogecoin And Shiba Inu — Crypto Analyst Sees This Coin Surging 100%

另請參閱：忘記Dogecoin和Shiba Inu-加密分析師看到這枚硬幣飆升100％

Meanwhile, the Bull Bear Power indicator, which measures the strength of buyers and sellers, flashed “Sell” for DOGE, according to TradingView.

同時，根據TradingView的說法，衡量買賣雙方的強度的牛熊電源指標（Bull Bear Bear）的力量指標刷新了“賣出”。

Moreover, DOGE’s Long/Short ratio was below 1, according to Coinglass, suggesting that a higher number of futures traders were betting against the world’s largest meme coin.

此外，根據Coinglass的說法，Doge的長/短比率低於1，這表明，有更多的期貨交易者正在押注與世界上最大的Meme Coin的押注。

In other news, Nasdaq filed a 19b-4 proposal with the SEC to list and trade shares of a Dogecoin exchange-traded fund by 21Shares, following the S-1 registration earlier in the month.

在其他新聞中，納斯達克向SEC提出了19b-4提案，以在本月初的S-1註冊之後，由21shares列出了Dogecoin交易所交易基金的股票。

Price Action: At the time of writing, DOGE was exchanging hands at $0.1757, down 1.78% in the last 24 hours, according to data from Benzinga Pro. Year-to-date, the cryptocurrency has plummeted by 44%.

價格動作：根據Benzinga Pro的數據，在撰寫本文時，Doge的交換為0.1757美元，在過去24小時內下跌了1.78％。年初至今，加密貨幣下降了44％。