The strategy analyzed yesterday, $DOGE , has doubled, and today we will analyze it simply again:

Currently, the K-line has broken the original rising channel and is now moving in a divergent wedge structure. The price is currently at the lower line of the wedge, but the rebound lacks strength. We should be vigilant about the risk of breaking below the lower line of the wedge, so today's operation remains primarily low long with high short as a supplement!

Support:

0.392—0.400 (support level, verified by K-line)

0.364—0.374 (support level, at the lower edge of the box, providing support)

0.345—0.350 (support level, if broken, the price of Dogecoin will plummet)

Resistance:

0.437—0.445 (resistance point, short-term Fibonacci retracement area)

0.470—0.480 (resistance point, upper edge of the box; if broken, Dogecoin will continue to rise!)

In fact, it can be clearly seen from the chart I drew why I chose these positions. Many people may think it's chaotic and don't know how to proceed, but I don't think so. I am just presenting my complete thought process to everyone. Firstly, price trends are variable, especially for altcoins, which are greatly affected by the overall market and news. For example, if the overall market plummets, altcoins will inevitably dive as well. I will adjust my trading strategy; you are not next to me, how can I tell you?

At this time, the advantage of multiple points comes out. For example, if the overall market is down, then good, if it feels like it’s dropping sharply, just lower a support level... that’s it. Isn’t this better than those silly analysts who randomly shout out points? They firmly tell you a point, and even though you clearly feel it will break, you are influenced by them, and the result is losing money...

Alright, I wish everyone prosperity!