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).

一位分析师已经解释了每月接近此水平的Dogecoin如何为Memecoin重新测试其历史最高高（ATH）铺平道路。

Dogecoin Is Trading Around The Lower End Of An Ascending Channel

Dogecoin在升渠道的下端进行交易

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，分析师Ali Martinez分享了一种技术分析（TA）模式，该模式最近显示了Dogecoin的每月价格。所讨论的模式是“升天通道”，它是一种并行通道。

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.

当资产的价格合并两个并行趋势线之间时，平行通道会形成。上线可能会在将来提供阻力，而较低的支持。突破这两个级别都可以暗示沿该方向延续趋势。

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.

并行通道可以是三种类型。最基本的涉及与时轴平行的趋势线。当整合以侧向方式发生时，就会出现这种情况。

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.

当资产以一定角度合并时，其他两种类型形成。当这种情况沿向上方向发生时，通道形成被称为上升通道。同样，向下巩固会导致下降通道。在当前主题的背景下，两者中的前者是令人感兴趣的。

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.

由于升天通道代表了价格的净向上整合阶段，因此其上线将高高和较低的高低连接在一起。

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.

下面是分析师共享的图表，该图表显示了山coin的1个月价格在过去几年中一直陷入困境。

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.

如上图中可见的那样，1个月的Dogecoin价格最近跌至这个长期升级渠道的较低水平，并且似乎在下面滑落。如果Memecoin现在看到持续的移动，则可以确认对缺点的突破。

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，在它可以再次高于通道的较低级别以上的情况下，其路径可能再次成为图案图表的路径。上升渠道的底层并不是唯一一个资产非常接近上方的通道。还有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于著名的斐波那契系列的比率。图表的0.786斐波那契回撤线位于0.20美元的价格水平左右。下一个主要级别（1.000回撤位）对应于Doge的ATH，约为0.74美元。

As Martinez explains,

正如马丁内斯（Martinez）所解释的那样

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可以每月获得超过$ 0.20的每月关闭，则可以为其有史以来的高价铺平道路，朝着0.74美元的历史高处铺平道路。这样的突破将表示强大的看涨势头，并有可能引起投资者的兴趣。

DOGE Price

大门价格

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

在撰写本文时，Dogecoin的交易约为0.17美元，上周增长了9％以上。