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DC Weekly Report: 5 Bear Bars In A Row. Are Bulls Next In Line?

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? Watch DC Charts Live and Stay Tuned For Tomorrow's Report! _________________________________________________________________________ by Digital Currency World News, dcworldnews.com 06-06-2022 04:27 UTC _________________________________________________________________________ #doge#dogecoin#crypto#priceaction#digital#currency#world#news#btc#eth#mana#ada#xrp *This is not Trading Nor Financial Advice.

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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.

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