DOGECOIN: Review + Close Of The Day
05-29-2022
15min chart
◘ Today is still in the trading range engulfed by the bull break out (pic1) ◘ Opening reversal + break out short to under the 20ema with a low of 0.0798 (pic2)
◘ Higher low double bottom with 20ema Bear gap ◘ Bulls had follow through with a minor bull trend to a high of 0.0833
◘ Bears pull back to below the moving average for a scalp
◘ Bull rally forms a double top above the 20ema close of the day
◘ DOGE lands 2nd to last ahead of XRP in 15min Performance (pic3)
◘ ADA is the top performer for the day with
Pic1: DOGEUSDT 15minute chart, 20 Exponential Moving Average, Volume Bars Source: dcworldnews, tradingview charts
Pic2:DOGEUSDT 15minute chart, 20 Exponential Moving Average, Volume Bars Source: dcworldnews, tradingview charts
Pic3: DOGE 15minute line chart, performance comparison with BTC, ETH, ADA, XRP, MANA Source: dcworldnews, tradingview charts
Daily Chart ◘ Today formed a bull hammer closing above its midpoint as a higher low double bottom ◘ Bulls close for the 3rd day in a row possibly forming a high 2 bull signal ◘ Bulls signal to test the 20ema is in the middle of the 18 day trading range ◘ DOGE YTD performance is in the 3rd just below ETH + above XRP, ADA, and MANA
◘ Bitcoin is the top performer for the group
DOGE YTD + Close up 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
DOGECOIN Open Of The Day
05-30-2022 ◘ 15min: Trading range open into bear break out reversal attempt ◘ 5min: Opening trading range and bear bars into buybacks to the 20ema ◘ 1min: Above average volume Bear break out formed higher low double bottom
◘ DOGE is performing group in the middle with the others while MANA underperforms
◘ The 30 min opening technical analysis is a "Buy 15, Neutral 10, Sell 1"
DOGEUSDT 15min, 5min, 1min chart, 20 Exponential Moving Average, Volume Bars, Trend Lines Source: dcworldnews, tradingview charts
DOGEUSDT 1 minute line chart, performance comparison with BTC, ETH, ADA, XRP, MANA Source: dcworldnews, tradingview charts
DOGEUSDT 30min Technical Analysis Source: dcworldnews, tradingview charts
Is this too low for moving average bears to short or is a bear break out near?
Will Bulls rally with a test to the 20ema as a follow through from yesterday's bull signal?
Do we have at least 2 more days in the trading range?
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
05-30-2022 01:01UTC
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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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