Dogecoin
Looking at the market situation, it has now touched the 0.448 pressure level of the daily K-line and weekly K-line, so we can have a bullish mood, but don't blindly follow the trend (FOMO), it is important to stay rational!
At present, Dogecoin has a trend of going out of the triangle convergence rise, but after all, the pressure level of the daily K-line and weekly K-line exists and will also play a suppressive role.
So we have to verify whether this triangle convergence rise pattern can really be established.
More aggressive friends can participate in a small position after it effectively breaks through the upper trend line, and at the same time pay attention to the performance of the 0.448 pressure level. If the performance is not good, then leave the market quickly and observe again; if the 0.448 pressure level performs well, then Dogecoin may usher in a new round of rise! More cautious friends can wait for it to effectively break through 0.488 before chasing the rise and participating.
If the triangle convergence pattern does not come out, then you have to consider the support level below. The weaker support level is 0.378. If it is effectively broken here, the triangle convergence is another matter.
If the triangle convergence pattern is not broken, you have to pay attention to the performance of the two support levels below 0.35 and 0.32. If there is an effective rebound, you can chase the rise and participate. Remember the rule of top and bottom conversion.
, once the support level is broken, it will become the subsequent pressure level. Only by responding flexibly can you grasp the situation
The strong support level below Dogecoin is in the range of 0.204-0.229, and the strong pressure level is here at 0.528.
