8.19 Brother Tian #DOGE 4H Market Analysis: Bearish Trend Strengthens, These Signals Determine Life and Death in Trading

Having deeply engaged in the cryptocurrency space for ten years, today I will help everyone analyze DOGE (Dogecoin) 4-hour candlestick chart, penetrating technical aspects and capital game logic, accurately capturing trading signals.

The moving averages show a standard bearish arrangement, with EMA20 and EMA50 continuously suppressing downwards. Price rebounds are repeatedly pushed back by moving average resistance, clearly indicating the dominance of the bearish trend. The MACD indicator synchronously cooperates, with the DIFF line crossing downwards to suppress the DEA line, and green bars continue to release bearish momentum. The trend has strong continuity; once a trend forms in the crypto space, it is difficult to reverse easily, and the risk of counter-trend bottoming is very high.

In terms of volume, during the down phase, the red bars (selling pressure) significantly outweigh the green bars (buying pressure) during the up phase, indicating that selling pressure has not been fully released, and investors are short-term pessimistic. Near key resistance levels (like EMA20), the speed and strength of selling pressure far exceed the buying support, solidifying the "bearish dominance" pattern.

Subsequently, closely monitor two key signals:

- **Support Level Testing**: The previous low is the bearish "life and death line". If it is effectively broken (closing price consistently below + increased volume), the bearish trend will accelerate downwards, opening up new downward space; even if it holds, it will only be a weak rebound, highly restricted by moving averages, do not misjudge the reversal.

- **Moving Average Counterattack**: To reverse the bearish trend, it is necessary to **break through EMA20/EMA50 with increased volume**. A rebound with decreased volume struggles to break the moving averages, which is a "downtrend continuation that lures buyers"; only a robust breakout, coupled with a MACD golden cross, signals a trend reversal.

Clarified trading strategies:

- **Long Position Holders**: When encountering resistance at EMA20/EMA50, decisively exit! Holding long positions against the trend will quickly expand losses; timely stop-loss to preserve capital is essential for future trading opportunities.

- **Short Position Holders**: Firmly hold the base position, add to the position when breaking support or facing resistance on a rebound (with weak volume), and expand profits in line with the bearish trend to maximize returns.

- **Observers**: Keep your hands steady and wait for signals! Either wait for "breakout with increased volume + MACD golden cross" to confirm a reversal to go long; or wait for "effective breakdown of support" to confirm bearish acceleration to go short. The margin for error in a bear market rebound is low; patiently waiting for clear signals can improve the winning rate.

If you currently feel helpless and confused in trading, want to know more information, follow Brother Tian and you won't get lost!