Here we have DOGEBTC (Dogecoin) which is now really bullish.
After DOGEBTC hit EMA300, prices started to retrace, now we have the following signals:
- A higher low compared to the low set in early Sept. '19.
- Trading volume sudden increase.
- Dragonfly Doji (Can turn into a hammer or change). This signal only confirms when the daily candle closes.
- Other altcoins are already starting to gain momentum and resume their uptrend.
This is a good call for short-term gains.
Conditions for change
The above view becomes invalid if prices for DOGEBTC close below 0.00000025.
This is not financial advice.
Namaste. 😊
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