Dogecoin (DOGE) price has formed bullish price action and is poised for a massive upside momentum, especially amid the ongoing market uncertainty.

Dogecoin（Doge）的价格已经形成了看涨的价格行动，并有望实现巨大的上行势头，尤其是在持续的市场不确定性中。

Dogecoin Technical Analysis

Dogecoin技术分析

Dogecoin is currently trading at $0.172, having risen by 2% today, March 20, and is showing signs of a breakout from an ascending triangle pattern on the 4-hour time frame.

Dogecoin目前的交易价格为0.172美元，今天3月20日增长了2％，并在4小时的时间范围内显示出了从上升的三角形模式突破的迹象。

This ascending triangle pattern, formed by two converging lines and a series of higher lows, is a bullish indicator that traders use to identify the continuation of the existing price trend.

这种上升的三角形模式由两条融合线和一系列更高的低点形成，是看涨的指标，表明交易者用来确定现有价格趋势的延续。

The ascending triangle has a neckline at the $0.178 level, which is the price level that traders will be watching closely for a breakout.

上升的三角形的领口在0.178美元的水平上，这是交易者将密切关注突破的价格水平。

If Dogecoin can break above this level and close a 4-hour candle above $0.18, then there is a good chance that it could surge towards the $0.205 price point in the coming days.

如果Dogecoin可以超过此水平并关闭超过$ 0.18的4小时蜡烛，那么它很有可能会在未来几天升至0.205美元的价格点。

However, if the meme coin fails to break above this level, then it could decline towards the $0.165 level in the future.

但是，如果模因硬币未能超过此水平，那么它可能会下降到将来0.165美元的水平。

According to expert technical analysis, if the meme coin breaks out of this pattern, then it could rise by 15% to reach the next price target of $0.205.

根据专家的技术分析，如果模因硬币突破了这种模式，那么它可能会上升15％以达到下一个目标目标0.205美元。

This analysis is based on the historical price momentum of the meme coin.

该分析基于模因硬币的历史价格动力。

According to the data from on-chain analytics firm Glassnode, the meme coin’s price used to move up by 15% after it broke out of a pattern.

根据链分析公司玻璃节的数据，模因硬币的价格在破裂后用来提高15％。

However, if the meme coin fails to break out of this pattern, then it could decline further to the $0.165 level.

但是，如果Meme硬币未能突破这种模式，那么它可能会进一步降至0.165美元。

This analysis is based on the fact that the meme coin’s price used to drop by 14% if it failed to break out of a pattern, according to the data from Glassnode.

根据GlassNode的数据，该分析基于以下事实：Meme硬币的价格未能突破模式，将其价格降低了14％。

Traders’ View On Dogecoin

商人对狗狗的看法

With the positive price action, intraday traders also seem bullish on DOGE, as they have been busy placing bets on the long side, according to the data from on-chain analytics firm Coinglass.

根据链子分析公司Coinglass的数据，凭借积极的价格行动，在总督里的盘中交易者似乎也看好押注。

The data shows that traders are currently over-leveraged at $0.168 on the lower side, where they have built $16.20 million in long positions.

数据表明，贸易商目前的杠杆率高于0.168美元，他们在那里建造了16200万美元的长位置。

While on the higher side, traders are over-leveraged at $0.175, where they have built $5.30 million in short positions.

在更高的一边，交易者的杠杆率高达0.175美元，他们的职位很短530万美元。

These over-leveraged levels and traders’ bets clearly indicate that bulls are currently dominating and could push the meme coin to breach the current resistance level.

这些过度验证的水平和交易者的赌注清楚地表明，公牛目前是统治的，可能会推动模因硬币违反当前的阻力水平。

At this point, if the meme coin manages to break above this level, then traders could be seen massively covering their short positions, which could push the meme coin to rise further and faster.

在这一点上，如果模因硬币设法超过此水平，那么可以看到交易者大量涵盖其短职位，这可能会推动模因硬币进一步更快地上升。

Moreover, if the meme coin fails to break above this level and drops back down, then traders could be seen massively liquidating their long positions, which could push the meme coin to decline sharply.

此外，如果模因硬币未能超出此水平并下降，则可以看到交易者大量清算其长位置，这可能会推动模因硬币急剧下降。

However, the overall cryptocurrency market sentiment today is bullish, as top assets, including Bitcoin (BTC), Ethereum (ETH), and XRP, have registered impressive gains.

但是，如今的总体加密货币市场情绪是看涨的，因为包括比特币（BTC），以太坊（ETH）和XRP的最高资产已获得了令人印象深刻的收益。