Potential DOGE - BTC divergence.
Updated
Hello,
Looking at the 4 hr candle, i notice that BTC just printed a lower Low, while DOGE printed a higher low…. Which could signal that this level is a bearish continuation for BTC, and that wea re competing a reversal off of the long wick to $.13 for DOGE.
IS this when the prophecy becomes realized? The massive all time bump of BTC and move to DOGE?
Looking at the 4 hr candle, i notice that BTC just printed a lower Low, while DOGE printed a higher low…. Which could signal that this level is a bearish continuation for BTC, and that wea re competing a reversal off of the long wick to $.13 for DOGE.
IS this when the prophecy becomes realized? The massive all time bump of BTC and move to DOGE?
Note
Gonna be hard to see, but, DOGE completed. Pull back to the .618 Fib level. My favorite, and his!
This also happened right on a long term resistance, turned support from a major level. (One of the Dotted lines).
We have seen stop loss hunts like this before al the major moves.
Also, this recent long down wick, is a strong bullish sign… and match’s the projection generating this run nicely. RSI reset, LFG!
Note
Note
good news... every thing still looks long term bullish AF! if it goes on sale, buy more :)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.