Dogecoin Gaussian Channel Turns Green On The 4-Hour Chart, Why A New ATH Abov...
Back in December 2024, the Dogecoin price entered the Gaussian Channel following a sharp decline in price as Bitcoin suffered multiple crashes. However, even though the entry was triggered by bearish forces, Dogecoin’s entry into the Gaussian Channel was bullish and showed a tendency to recover quickly from dips. This is because the Gaussian Channel can act as a bounce-off point to possibly send DOGE soaring toward new all-time highs. Dogecoin Gaussian Channel Flashes Green Over the last few weeks, the Dogecoin price has been trending in the Gaussian Channel, showing evidence of....
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The Dogecoin price slump might be over very soon, according to a little-known but important indicator called the Gaussian Channel (GC). As recently noted by a crypto analyst known pseudonymously as Trader Tardigrade, the Gaussian Channel recently flashed green on the DOGE weekly chart, suggesting the crypto could surge to the upside for the next wave. DOGE’s Gaussian Channel Flashes Bullish Green The Gaussian Channel is a comparatively less well-known technical indicator among crypto experts, in contrast to other famous technical indicators such as moving averages, RSI, and MACD. The....
Recent price action in the past two days saw the Dogecoin price breaking below supports at both $0.4 and $0.3 in quick succession to eventually reverse after a quick break below $0.27 in the past 24 hours. Since then, the meme coin appears to be gaining momentum, with a little-known yet significant indicator pointing to […]
Bitcoin Price is trading below, but remaining close to, critical support currently rising near $280. Bitcoin Value Analysis. Time of analysis: 15h00 UTC. BTC-China 4-Hour Chart. The longer-term 4-hour chart shows price decisively below both the green 20MA (moving average), as well as the red 200MA. BitFinex 1-Hour Chart. Due to an outage, the Bitstamp chart is missing some of the past week's price action. The BitFinex chart is presented instead. Dropping back into the clear diagonal Fib channel implies that price will target the lower channel line near $220-$230. There is nothing in the....
Key Highlights. Dogecoin's price managed to recover some ground this past week, but it remains at risk of a move lower during the upcoming week. There is an ascending channel pattern forming on the hourly chart (data feed from HitBTC), which is acting as a support. A break below the channel support area may call for more losses in the near term. Dogecoin's price remains under a monster bearish trend line on the 4-hour chart, and an interesting pattern is forming for the next move. Ascending Channel Pattern. Dogecoin prices managed to trade a few points higher this past week after trading....
Key Highlights. Dogecoin price is forming a monster ascending channel on the hourly chart (data feed from HitBTC), which can prove vital in the short term. The price is currently trading around the channel support area, as sellers are trying their best to break it and take the price lower. A successful close below the 100 hourly simple moving average may ignite a downside move. Dogecoin price is following an ascending channel on the hourly chart, and if sellers manage to break it then a move towards 26.0 Satoshis is possible. Buy above 100 MA? Dogecoin price is showing a few bullish signs,....