Dogecoin vs Bitcoin Looks A Bit Different... Click/Tap To Read!

27 mars 2022

Here we can see that Dogecoin vs Bitcoin (DOGEBTC) is not as strong as LINKUSDT or DOGEUSDT, but why?

We can see that prices are still trading below EMA50, which is the magenta line on the chart.

EMA50 is a very important level for Altcoins/Crypto on the daily timeframe...
Even though we are bullish above EMA10 short-term, once an altcoin moves above EMA50, the bulls have really good strength.

So we can say that this one is weaker but hte bullish bias is already developing none the less.

We can say "early signals"...
Early bullish signals we have on this chart.

A tight stop-loss (low risk), with high targets (great potential rewards).

Namaste.