As much as DGDBTC can move inverse to BTC it moves on it's own and is tricky! SO, lookout and treat it as it's own. This looks like a good set up and maybe BTC will fall apart, maybe not. This diagonal line is the long term strong trend line and usually we break it for a few 4 hour bars and then a big pop. We will see but it looks good to me. This usually happens with a spinning top I've never seen bullish engulfing and not sure this big green candle will stay.
I do these so I can refer back to them myself because tradingview doesn't save multiple charts this is NOT TRADING ADVICE!
I do see all time highs in the near future and DGDBTC will be more than par of actual gold. Call me crazy!
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A break above the red line around 42 will be very bullish