Bitcoin

Dogecoin

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 A trader who called the end of Bitcoin’s (BTC) 2018 bear market says that one momentum indicator is giving off a bullish reading for top meme crypto asset Dogecoin (DOGE).
 Pseudonymous analyst Bluntz tells his 242,300 followers on the social media platform X that the Dogecoin versus Bitcoin pair (DOGE/BTC) is flashing a strong bullish reversal signal on the weekly chart.
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 “I was kind of avoiding DOGE because I thought it wouldn’t do anywhere near the multiples I thought WIF would do BUT……. thats a loooooottttt of weekly bull divergence on the DOGE/BTC weekly.
 Might have to get a bag afterall.”&nbsp;
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GHmqA5lb0AELcao?format=jpg&amp;name=large" alt="Image" width="1236" height="590">
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 Source: Bluntz/X
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 A bullish divergence often signals that an asset’s bulls have begun to gain momentum even as the price trend remains down or sideways.
 At time of writing, DOGE/BTC is trading for 0.0000023 BTC ($0.14).
 The analyst is also keeping a close watch on the native asset of the decentralized storage network Filecoin (FIL). According to Bluntz, it’s still early days for FIL as the altcoin trades within its multi-year accumulation range.
 “Finally starting to see some action again on FIL, beautiful weekly candle here.
 All in all, it’s still in a huge accumulation range despite being up, definitely still early for this one.”&nbsp;
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GHsUCscawAA6JPo?format=jpg&amp;name=large" alt="Image" width="1243" height="1185">
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 Source: Bluntz/X
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 At time of writing, FIL is worth $9.05, up over 9% in the last seven days.
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/top-trader-says-dogecoin-doge-flashing-bullish-signal-updates-outlook-on-ai-related-altcoin-tbt81501.html">https://thebittimes.com/top-trader-says-dogecoin-doge-flashing-bullish-signal-updates-outlook-on-ai-related-altcoin-tbt81501.html</a>

Top Trader Says Dogecoin (DOGE) Flashing Bullish Signal, Updates Outlook on AI-Related Altcoin

TheBitTimes

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