Academician of the currency circle: Market analysis of Dogecoin (DOGE) on 2024.3.12
Academician of the currency circle has been investing in the currency circle for more than ten years. Your eyes are the profit of a hundred times leverage, but I am considering the risk of the abyss. Your thinking determines the way out. Different angles of looking at the market determine that you will take risks for the sake of profit, and I will In order to avoid risks and let go of the profit of a single order, the team of academicians of the currency circle has carefully formulated a complete set of profit, return, and plans, waiting for your participation, and will work hard for you to protect every profit of yours. Finally, I would like to warn everyone: Strength is not about showing off, it must be recognized by more people. It is far more important to be yourself than to think about others to verify your strength. You will know whether you are a mule or a horse by taking it out for a walk. I have been advising you tirelessly in my duties and pursuits. I hope you can make fewer detours and make fewer mistakes in this market. Even though I mean my best, you still have to walk the road of investment by yourself. There is no end to learning, and experience is your wealth!
币圈院士祝粉丝们在2024年实现财务自由，加油
Dogecoin (DOGE) is one of the high-profile digital assets in the cryptocurrency market. Technical analysis shows that the price of DOGE has been showing large fluctuations. Recently, with the volatility of the entire cryptocurrency market, the price of DOGE has also experienced large increases and decreases. However, overall, DOGE prices appear relatively stable. Technical indicators illustrate DOGE's price volatility, but also reflect investor confidence in its long-term value
From the technical point of view, we can see that the handicap has been stretched very well these days. The current daily K-line is still a trend of gapping high, opening high and moving high. In addition, the current trend indicator EMA is stretching upwards, providing the K-line with Strong support. From the original 0.08 support to the current 0.16, the overall trend is bullish. The MACD volume decreases and the K line forms a top divergence trend. Pay attention to prevent the main force from pulling back. KDJ alternately forms and stretches upwards. Blocked by the 0.185 pressure level, the top focus is on the 0.2 pressure point. If it does not break, you can make short-term profits and then remember to be safe and don't be greedy. In terms of ideas, it is recommended to focus on the 0.185 and 0.208 ranges for high altitudes, and focus on the support points of 0.15 and 0.08 for low and long positions. Two location intervals
This article is exclusively contributed by academicians of the currency circle and represents only the academicians’ exclusive views. Due to the publication time of the article, the above opinions and suggestions are not real-time and are for reference only. Please bear the risk at your own risk. Please indicate the source when reprinting. When making orders, control your positions reasonably and do not operate with heavy or full positions. The academician also hopes that all investors will understand that the market is always right. If you are wrong, you should summarize your own problems and don't let the profits that should be obtained fly away. There is no need to be smarter than the market in investing. When the trend comes, respond to it and follow it; when there is no trend, watch it and stay calm. It’s not too late to wait until the trend finally becomes clear before taking action. Tomorrow's success comes from today's choices. God rewards diligence, integrity rewards kindness, humanity rewards sincerity, business ethics rewards trust, industry rewards excellence, and art rewards heart. Gains and losses are all inadvertent. Develop the habit of strictly carrying a stop loss and a stop profit for every order. You are welcome to leave a message in the comment area. The academicians of the currency circle wish you a happy investment!
