#technical indicator

The post Dogecoin Fisher Transform Turns Bullish: The Last Setups Were Explosive appeared on BitcoinEthereumNews.com. Dogecoin’s monthly Fisher Transform has crossed bullish again, according to trader Cantonese Cat, reviving a macro signal that has previously appeared near major DOGE basing periods rather than at clean, immediate breakouts. The chart, posted May 14 via X, shows DOGE near $0.1146 after a multi-month decline from its 2024 high, with the Fisher line turning up from deeply negative territory. The Fisher Transform is a technical indicator designed to convert price action into a more normalized distribution, helping traders identify potential reversals or major shifts in price behavior. In charting practice, a bullish flip typically refers to the Fisher line crossing above its signal line after an oversold trough. On a monthly chart, that makes it a slow regime signal, not a short-term trigger.   Cantonese Cat framed the move cautiously. When another user asked, “2 more year

Dogecoin’s monthly Fisher Transform has crossed bullish again, according to trader Cantonese Cat, reviving a macro signal that has previously appeared near major DOGE basing periods rather than at clean, immediate breakouts. The chart, posted May 14 via X, shows DOGE near $0.1146 after a multi-month decline from its 2024 high, with the Fisher line turning up from deeply negative territory. The Fisher Transform is a technical indicator designed to convert price action into a more normalized distribution, helping traders identify potential reversals or major shifts in price behavior. In charting practice, a bullish flip typically refers to the Fisher line crossing above its signal line after an oversold trough. On a monthly chart, that makes it a slow regime signal, not a short-term trigger.   Cantonese Cat framed the move cautiously. When another user asked, “2 more years to see god candle? Looks like nothing happens when Fisher is under 0,” the trader replied: “It’s true, it may consol