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Bullish
🚀 Dogecoin Flashes Rare Weekly Bullish Signal — Top Analyst Goes All In!
A weekly chart Ichimoku signal boosted Dogecoin exposure.
Classic Ichimoku mechanics underpin the analyst's call. Technicians call the weekly Tenkan–Kijun cross a bullish Tenkan–Kijun cross because the conversion line passed above the base line. In the graphic, spot price is slightly above the Tenkan and Kijun, supporting his claim that price is “finding support at the Tenkan.”
A momentum-led trend attempt might begin when the Tenkan rises above the slower Kijun in Ichimoku technique. Weekly chart participants tend to take inflections more seriously than intraday chart participants.
The same picture shows DOGE trading below the weekly cloud (Kumo) projected forward, with Senkou Span B approaching $0.28. In classic words, indications below the cloud are weaker than those above it, even when the Tenkan–Kijun cross is bullish. The graphic shows how price gathered around the Tenkan/Kijun zone following a strong green candle in mid-July and two red weekly candles.
On July 31, the analyst stated, “DOGE holding weekly Ichimoku Tenkan and Kijun support so far,” confirming the technical picture. That statement shows how Ichimoku practitioners assess trend health by whether price can close above the Kijun on the specified period and respect the Tenkan on pullbacks.
The weekly chart shows a bullish Tenkan–Kijun cross, and price is seeking to base there while the cloud above remains longer-term resistance. As with Ichimoku analysis, traders will watch the weekly close relative to the Tenkan and Kijun to see whether this early indication will grow into an uptrend.
#DOGE #FOMCMeeting #EthereumTurns10 $DOGE
A weekly chart Ichimoku signal boosted Dogecoin exposure.
Classic Ichimoku mechanics underpin the analyst's call. Technicians call the weekly Tenkan–Kijun cross a bullish Tenkan–Kijun cross because the conversion line passed above the base line. In the graphic, spot price is slightly above the Tenkan and Kijun, supporting his claim that price is “finding support at the Tenkan.”
A momentum-led trend attempt might begin when the Tenkan rises above the slower Kijun in Ichimoku technique. Weekly chart participants tend to take inflections more seriously than intraday chart participants.
The same picture shows DOGE trading below the weekly cloud (Kumo) projected forward, with Senkou Span B approaching $0.28. In classic words, indications below the cloud are weaker than those above it, even when the Tenkan–Kijun cross is bullish. The graphic shows how price gathered around the Tenkan/Kijun zone following a strong green candle in mid-July and two red weekly candles.
On July 31, the analyst stated, “DOGE holding weekly Ichimoku Tenkan and Kijun support so far,” confirming the technical picture. That statement shows how Ichimoku practitioners assess trend health by whether price can close above the Kijun on the specified period and respect the Tenkan on pullbacks.
The weekly chart shows a bullish Tenkan–Kijun cross, and price is seeking to base there while the cloud above remains longer-term resistance. As with Ichimoku analysis, traders will watch the weekly close relative to the Tenkan and Kijun to see whether this early indication will grow into an uptrend.
#DOGE #FOMCMeeting #EthereumTurns10 $DOGE
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.