✳️ Dogecoin Recovers From Bottom (Beyond 160% Easy)

٢١ يوليو ٢٠٢٣

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.