Dogecoin Faces Mixed Signals: Sell Alert Amid Bullish December Hopes
Crypto analyst Kevin warns of a potential sell signal for Dogecoin, citing technical indicators like a declining MACD and a topped-out Stoch RSI. Despite these bearish signals, the price action and money flow remain bullish. Kevin highlights the importance of breaking the $0.60 resistance level and notes that an altcoin season could boost Dogecoin if Bitcoin's dominance falls below 55%. He also plans to sell a significant portion of his holdings when long-term moving averages cross, using the Pi Cycle Top Indicator traditionally applied to Bitcoin.