DOGECOIN: Review + Close Of The Week
Week #22
◘ Inside Bear Inverted hammer ◘ 5th Bear bar in a row ◘ Far under the 20ema
◘ Higher low double bottom wedge bear flag
◘ Bulls may want a break out test above 0.09 and higher to the 20ema
◘ Bears may be to low under the average for more than a break out scalp
◘ The market is at support near the High of January and February of 2021
◘ DOGE stays 1st in performance since 2021 with MANA in 2nd and BTC last
◘ Weekly Technical Analysis is a "Sell 13, Neutral 7, Buy 6"
DOGEUSDT Weekly chart, 20 Exponential Moving Average, Volume Bars, Trend Lines Source: dcworldnews, tradingview charts
DOGE Weekly line chart, performance comparison with BTC, ETH, ADA, XRP, MANA Source: dcworldnews, tradingview charts
DOGEUSDT Weekly Technical Analysis Source: dcworldnews, tradingview charts
Do next week Bulls break out above this week's high and test the 20ema?
Can Bears succeed and break out to a new low with a 6th bar in a row?
Will the market stay inside the wedge between 0.08 - 0.086 for the rest of the week?
What are your thoughts?
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by Digital Currency World News, dcworldnews.com
06-06-2022 04:27 UTC
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#doge#dogecoin#crypto#priceaction#digital#currency#world#news#btc#eth#mana#ada#xrp
*This is not Trading Nor Financial Advice.
Looks like it wants to test the .09 but will probably return to the .08 trading range due to lower overall market cap on crypto. Hope I’m wrong.