$DOGE

The 1-hour line continues to rise along the upper Bollinger Band, with the upper and lower bands diverging increasingly. The RSI index has reached 60, and the MACD formed a golden cross well above the zero line, driving the underwater golden cross on the 4-hour chart. The trend seems poised to break above the zero line soon, indicating strong upward momentum in the short term. At the same time, we can see the KDJ golden cross forming on the daily line, and the MACD DIF line has not been able to break below the zero line, suggesting that bearish momentum is gradually weakening. If the DIF does not break below the zero line in the next few days and reverses from there, an upward trend can be established with 80% certainty. You can just open the Bollinger Bands and look at the 15-minute and 1-hour Bollinger Bands; without the presence of strong institutions, this shape, with both upper and lower bands presenting an upward elliptical shape, generally indicates an upward movement + consolidation + upward movement. Coming out from the 15-minute, we can look at the 1-hour, which also needs to come out.

But why do I say the maximum is only 80% instead of 100%? Because the Bollinger Bands on the 4-hour and daily lines are basically parallel, indicating that the medium to long-term trend has not yet developed and is still in a phase of potential change. A few days ago, I looked at my prediction for opening positions, with prices around 0.195-0.197. I suggested a stop-loss at break-even, or half at 0.2. If you’re holding for the long term, keeping the liquidation price below 0.13 should be fine when viewed on a monthly basis.