Trader Sees Bullish Signals for Dogecoin and Filecoin, But Urges Caution in Risky Market

Trader Bluntz says a momentum indicator is flashing a bullish signal for Dogecoin (DOGE) versus Bitcoin (BTC).

The bullish divergence suggests DOGE/BTC bulls are gaining strength despite the sideways price trend.

Bluntz is also bullish on Filecoin (FIL), saying it's still early days as FIL trades within a multi-year accumulation range.

FIL recently had a beautiful weekly candle and saw a 9% price increase over the last 7 days.

Bluntz warns it's still a risky market and investors should do their own due diligence before making investment decisions.