DOGE is in the process of confirming a major weekly bullish divergence. 1. Price double bottom confirmation - this forms an uptrend 2. MACD downtrend - further supported with MACD histogram creating higher low as indicated by green lines 3. PFE downtrend - very sharp contrast Price uptrend combined with multiple oscillator downtrends is classical hidden bullish divergence.
4. Decreased consolidating volume - liquidity is low and spread on exchanges are thin (necessary set-up for volatile price action) 5. Price confirms 50 EMA twice - simultaneously having crossed MACD and massive oscillator downtrend and not breaking below 50EMA indicates very strong support on price upside.
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