An analyst has explained how a Dogecoin monthly close above this level could pave the way for the memecoin to retest its all-time high (ATH).

一位分析師已經解釋了每月接近此水平的Dogecoin如何為Memecoin重新測試其歷史最高高（ATH）鋪平道路。

Dogecoin Is Trading Around The Lower End Of An Ascending Channel

Dogecoin在升渠道的下端進行交易

In a new post on X, analyst Ali Martinez has shared a technical analysis (TA) pattern that the monthly price of Dogecoin has been showing recently. The pattern in question is an “Ascending Channel,” which is a type of Parallel Channel.

在X上的新帖子中，分析師Ali Martinez分享了一種技術分析（TA）模式，該模式最近顯示了Dogecoin的每月價格。所討論的模式是“升天通道”，它是一種並行通道。

Parallel Channels form when an asset’s price consolidates between two parallel trendlines. The upper line is likely to provide resistance in the future, while the lower one support. A break out of either of these levels can imply a continuation of trend in that direction.

當資產的價格合併兩個並行趨勢線之間時，平行通道會形成。上線可能會在將來提供阻力，而較低的支持。突破這兩個級別都可以暗示沿該方向延續趨勢。

Parallel Channels can be of three types. The most basic one involves trendlines that are parallel to the time-axis. This case emerges when consolidation happens in a sideways manner.

並行通道可以是三種類型。最基本的涉及與時軸平行的趨勢線。當整合以側向方式發生時，就會出現這種情況。

The other two types form when the asset consolidates at an angle. When this happens in the up direction, the channel forming is known as an Ascending Channel. Similarly, a downward consolidation results in a Descending Channel. In the context of the current topic, the former of the two is of interest.

當資產以一定角度合併時，其他兩種類型形成。當這種情況沿向上方向發生時，通道形成被稱為上升通道。同樣，向下鞏固會導致下降通道。在當前主題的背景下，兩者中的前者是令人感興趣的。

Since an Ascending Channel represents a phase of net upward consolidation in the price, its upper line connects together higher highs and the lower one higher lows.

由於升天通道代表了價格的淨向上整合階段，因此其上線將高高和較低的高低連接在一起。

Below is the chart shared by the analyst that shows the Ascending Channel that the 1-month price of Dogecoin has been stuck inside for the last several years.

下面是分析師共享的圖表，該圖表顯示了山coin的1個月價格在過去幾年中一直陷入困境。

As is visible in the above graph, the 1-month Dogecoin price has recently fallen to the lower level of this long-term Ascending Channel and appears to be slipping under it. If the memecoin now sees a sustained move down, a breakout towards the downside could be confirmed.

如上圖中可見的那樣，1個月的Dogecoin價格最近跌至這個長期升級渠道的較低水平，並且似乎在下面滑落。如果Memecoin現在看到持續的移動，則可以確認對缺點的突破。

In the scenario that it can recover above the lower level of the channel again, however, its path may once again become that charted out by the pattern. The bottom level of the Ascending Channel isn't the only one that the asset is very close to breaking above; there is also the 0.786 Fibonacci Retracement level.

但是，在它可以再次高於通道的較低級別以上的情況下，其路徑可能再次成為圖案圖表的路徑。上升渠道的底層並不是唯一一個資產非常接近上方的通道。還有0.786的斐波那契反回置水平。

Fibonacci Retracement levels are based on ratios from the famous Fibonacci series. The 0.786 Fibonacci Retracement line from the chart is situated around the $0.20 price level. The next major level, the 1.000 Retracement, corresponds to DOGE’s ATH of around $0.74.

斐波那契回曲水平基於著名的斐波那契系列的比率。圖表的0.786斐波那契回撤線位於0.20美元的價格水平左右。下一個主要級別（1.000回撤位）對應於Doge的ATH，約為0.74美元。

As Martinez explains,

正如馬丁內斯（Martinez）所解釋的那樣

If Dogecoin $DOGE can secure a monthly close above $0.20, it could pave the way for a rally toward its all-time high of $0.74. Such a breakout would signal strong bullish momentum and potentially attract increased investor interest.

如果Dogecoin $ Doge可以每月獲得超過$ 0.20的每月關閉，則可以為其有史以來的高價鋪平道路，朝著0.74美元的歷史高處鋪平道路。這樣的突破將表示強大的看漲勢頭，並有可能引起投資者的興趣。

DOGE Price

大門價格

At the time of writing, Dogecoin is trading around $0.17, up over 9% in the last week.

在撰寫本文時，Dogecoin的交易約為0.17美元，上週增長了9％以上。