This is the daily DOGEUSDT chart. Something interesting is happening and I will share it with you real quick.
The action continues to happen at bottom prices. At this point, most of the world would be thinking of negative conditions; bearish potential, bearish flag, bearish consolidation, etc. Just the fact that prices are low means that even lower must happen, that's the general thinking. To me, this is not the case.
Dogecoin is trading at bottom prices with a strong RSI (above 50). This one alone has always been a very strong bullish signal. When a Cryptocurrency project trades at the bottom for months but with a strong RSI it shows that something is about to happen that is quite positive. The same is true for the daily MACD, it just entered the bullish zone.
Now, notice EMA55, the magenta line on the chart. Here we can see a daily candle moving above this level, another incredibly bullish situation. And that's it. That's going back to basics.
After the crash, the market goes flat, sideways. The oscillators turn bullish and now EMA55 is being conquered as resistance. This shows, predicts and confirms a bullish rise comes next. This, we know for sure and for certain after reviewing hundreds of charts.
Thank you for reading.
Namaste.
The action continues to happen at bottom prices. At this point, most of the world would be thinking of negative conditions; bearish potential, bearish flag, bearish consolidation, etc. Just the fact that prices are low means that even lower must happen, that's the general thinking. To me, this is not the case.
Dogecoin is trading at bottom prices with a strong RSI (above 50). This one alone has always been a very strong bullish signal. When a Cryptocurrency project trades at the bottom for months but with a strong RSI it shows that something is about to happen that is quite positive. The same is true for the daily MACD, it just entered the bullish zone.
Now, notice EMA55, the magenta line on the chart. Here we can see a daily candle moving above this level, another incredibly bullish situation. And that's it. That's going back to basics.
After the crash, the market goes flat, sideways. The oscillators turn bullish and now EMA55 is being conquered as resistance. This shows, predicts and confirms a bullish rise comes next. This, we know for sure and for certain after reviewing hundreds of charts.
Thank you for reading.
Namaste.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
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Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.