Dogecoin Daily Ichimoku Analysis Confirms Strong Uptrend as Bullish Signals Align

Dogecoin Ichimoku analysis confirms bullish alignment, with Chikou Span crossing above price and multiple signals supporting a sustained upward market structure.

Technical indicators show strength across short, mid, and long-term trends, with price above Kumo and Kijun-sen reinforcing bullish market positioning.

Previous Ichimoku signals, including Kumo breakout and bullish crosses, add confidence as Dogecoin maintains profitable long trades within a strong uptrend.

Dogecoin (DOGE) was at $0.2496 as of writing, posting a 3.42% rise in the past 24 hours and a 16.46% weekly gain. Technical readings now point toward a continuation of bullish momentum, supported by Ichimoku trend signals.

New Ichimoku Signal Strengthens Bullish Case

Trader Tardigrade confirmed a bullish Chikou Span cross on September 9. This marks another positive signal within the Ichimoku framework. The indicator shows the lagging span moving above price, which confirms the ongoing upward momentum.

According to the analysis, one new long trade has been suggested alongside two earlier trades that remain profitable. The analyst noted that any take profit would be triggered only by a bearish signal, suggesting confidence in the prevailing trend.

Support levels have been outlined at $0.23804 at Kijun-sen and between $0.21517 and $0.22661 at the Kumo cloud. These areas may act as stabilizing zones if price retraces.

Technical Indicators Align for Uptrend

The Ichimoku system currently provides four aligned bullish signals. The Kumo cloud is green, indicating a positive market bias. The short term trend is strong with price being above the Kijun-sen.

Moreover, the mid-term perspective is strong since price is above the Kumo cloud. The long-term structure is also positive, with the Chikou Span positioned above price, reflecting sustained buying pressure.

The alignment of these indicators results in a total score of +4, a reading described as a strong uptrend. This alignment suggests broad technical agreement across multiple time horizons.

Previous Bullish Breakouts Confirm Structure

The recent bullish cross above Kumo on September 8 added weight to the positive outlook. Earlier signals further reinforce the structure, including a Kumo breakout on September 7 and a Tenkan-sen/Kijun-sen cross on September 2.

A Kumo twist on July 18 had already set the stage for improving conditions within the Ichimoku model. Each of these events has contributed to building a consistent upward framework.

With all signals aligned, the analysis continues to support bullish sentiment for Dogecoin. The strength of previous trades and ongoing confirmation indicate sustained momentum as long as no bearish signals emerge.

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