Dogecoin / Bitcoin
Long

✳️ Dogecoin Recovers From Bottom (Beyond 160% Easy)

866
This is interesting here, the bullish signal comes in the form of a strong correction.

The fact that Dogecoin (DOGEBTC) moved recently below its June 2022 low is a strong bullish/reversal signal.

After 8 months of correction DOGEBTC went below the mentioned level but quickly recovered and is now trading above EMA50 with bullish indicators.

As this support level was broken, a very strong double bullish divergence formed; MACD and RSI.

All these combined gives us a clear picture as to what comes next.

You can see it on the chart.
Low risk vs a high potential for reward... Think long-term.

Namaste.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.