DOGE Faces TD Sequential Sell Signal as Long-Term Triangle Holds

Dogecoin is navigating mixed technical signals as its short-term chart flashes a TD Sequential sell setup while its monthly chart maintains a long-term triangle pattern, according to technical analysis shared by Ali Charts and Surf on X. The setup places DOGE at a critical juncture, with traders monitoring whether the price breaks lower from recent weakness or holds support for another cycle-style move.

Short-Term Sell Signal After Rally to $0.109

Dogecoin is showing a short-term sell signal on the 3-day chart after its recent move toward $0.109, according to a chart shared by Ali Charts on X. The chart displays a TD Sequential “9” signal above the latest DOGE candles, which traders often interpret as a possible sign of trend exhaustion after several candles move in the same direction.

DOGE recently climbed from the lower $0.09 area toward the $0.11 zone. However, the latest candles show slower movement near the upper part of the chart, with a black candle near the signal indicating that sellers entered after the rally. Ali Charts stated that the TD Sequential “flashes a sell signal on Dogecoin,” anticipating a possible price correction.

The chart places DOGE near $0.109, with nearby levels marked around $0.104, $0.114, and $0.118. If DOGE fails to hold the $0.109 area, the next visible support zone sits near $0.104. A deeper pullback could bring the price closer to $0.100, where the earlier breakout move started to gain strength. However, the chart does not show a confirmed breakdown yet, and the sell signal points to caution rather than a full trend reversal.

Long-Term Triangle Structure Maintains Breakout Potential

Dogecoin is trading inside a long-term triangle structure on the monthly chart, according to a TradingView chart shared by Surf on X. The DOGE chart shows two major triangle formations across previous market cycles, each forming after a sharp rally and then narrowing as price moved between lower highs and higher lows.

The first triangle appeared around the 2014 to 2017 period, after which DOGE broke out from that structure and moved into a stronger upside phase. A second triangle formed between the 2018 high and the 2021 breakout, also ending with a sharp move higher after DOGE cleared the upper trendline.

The latest structure stretches from the 2021 peak through the current cycle. The chart shows DOGE holding above a rising support line while moving below a descending resistance line, creating a narrowing range that could become important in the next major move. Surf captioned the chart with “What if,” pointing to the idea that DOGE may be repeating its previous long-term cycle pattern.

A clear breakout above the upper resistance line would strengthen the bullish setup. However, DOGE currently remains inside the triangle. If support holds, DOGE keeps the long-term structure active. If the price breaks below the rising trendline, the triangle setup weakens and the market could shift toward a deeper correction.

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AuroraStonevip
· 7m ago
Monthly chart triangle pattern indicates that major funds are playing a game; short-term fluctuations shouldn't shake you out. Hold your core position and watch the show.
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