DOGECOIN: Review + Close Of The Day
07-20-2022
15min chart
◘ Opening sell off under the 20ema turns tight Bull channel ◘ Large Bull exhaustion bar reverses forming a lower high double top
◘ Sideways to down pull back turns Bear break out to the open of the day ◘ Bear exhaustion bar under the 20ema expands into an extreme Bull break out
◘ Close of the day was a trading range near the 20ema
DOGEUSDT 15minute chart, 20 Exponential Moving Average, Volume Bars Source: dcworldnews, tradingview charts
Daily Chart
◘ Today formed an inverted Bull hammer closing near yesterday's high + July trading range
◘ Bulls form a lower high double top with both June 26 ◘ Tomorrow's Bears may get a pull back to the 20ema given the wick on Today's bar ◘ 0.07695 is the High of Today. 0.069255 is -10% from that price, 0.06156 is -20% . ◘ 0.07014 is the Close of Today. 0.063126is -10% from that price, 0.056112 is -20% ◘ 0.06627 is the current price of the 20ema which could act as a magnet.
DOGEUSDT Daily chart, 20 Exponential Moving Average, Volume Bars, Trend Lines Source: dcworldnews, tradingview charts
Do Bulls trap Bears for a test upward forming an inside bar?
Are Bears going short from Today's high or close for a scalp to test the moving average?
Will the July open of 0.06642 continue to act as a magnet?
What are your thoughts?
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by Digital Currency World News, dcworldnews.com
07-21-22 01:00 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.