DOGECOIN: Review + Close Of The Day
06-18-2022
15min chart
◘ Trading range open for 6hrs into a large Bear break out for 3 - 4 bars ◘ Buybacks and Bull scalpers break out to the 20ema turns trading range for 3 hours ◘ Bears short the double top reversal into a break out bear trend for 3 - 5 legs
◘ Buybacks and Strong Bulls from the low of the day (0.04914) into the prior trading range ◘ Bears pullback close to the 20ema into a inside bull bar for the close of the day
◘ DOGE is 4th on the compared performance 15min line chart
DOGEUSDT 15minute chart, 20 Exponential Moving Average, Volume Bars Source: dcworldnews, tradingview charts
DOGE 15minute line chart, performance comparison with BTC, ETH, ADA, XRP, MANA Source: dcworldnews, tradingview charts
Daily Chart
◘ Today formed a strong Bear break out under yesterday's O-i-i setup
◘ New low of the year at 0.04914 ◘ Reversed up from the low to the 50% line for the day ◘ Closes a Bear hammer at it's midpoint ◘ Potential lower low double bottom reversal ◘ Potential continuation of the Bear trend
◘ 0.056 is the middle of the trading range
◘ DOGE remains 4th on the compared performance YTD Daily line chart
DOGEUSDT Daily chart, 20 Exponential Moving Average, Volume Bars, Trend Lines Source: dcworldnews, tradingview charts
DOGEUSDT Daily line chart, performance comparison with BTC, ETH, ADA, XRP, MANA Source: dcworldnews, tradingview charts
Do Bears continue the selloff lower with increased risk of a Bull reversal?
Are Bulls prepared to scalp more than buybacks from exhaustive bear trends?
Will the market hold a trading range near 0.0555 for a few more days?
What are your thoughts?
Watch DC Charts Live and Stay Tuned For Tomorrow's Report!
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by Digital Currency World News, dcworldnews.com
06-19-22 00:00UTC
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#doge#dogecoin#crypto#priceaction#digital#currency#world#news#btc#eth#mana#ada#xrp
*This is not Trading Nor Financial Advice.
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