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DC Daily Report: Strong Volume Bear Bar (Low4)! Inside Bull Bar or Bear Hammer Next?

DOGECOIN: Review + Close Of The Day


15min chart

◘ Opening Bull break out reverses at the 20ema into a break out bear trend ◘ Bears held and tested the gap under the 20ema for 3 - 5 legs down ◘ The market fell into a trading range till the close of the day

◘ Market cycle is Break out to a Channel to a Trading Range

◘ Bulls have support is near 0.05234

DOGEUSDT 15minute chart, 20 Exponential Moving Average, Volume Bars Source: dcworldnews, tradingview charts

Daily Chart

◘ Today formed a strong low 4 closing near its low

◘ Tomorrow may be a inside bull bar or bear hammer reversal bar ◘ Strong volume bear bar closing far under the 20ema at the end of a trend often reverses ◘ Bear scalpers may cause the reversal forming a trading range or break out bull trend ◘ Low of the day is 0.05234. Bears may want 0.05 even. Bulls may want a bear trap.

DOGEUSDT Daily chart, 20 Exponential Moving Average, Volume Bars, Trend Lines Source: dcworldnews, tradingview charts

Do Bears push for a test of the 'All Time Market Average' of 0.03175604? Will Bulls find the confidence to break out and trend more than ride bear scalpers buybacks? What are your thoughts? Watch DC Charts Live and Stay Tuned For Tomorrow's Report! _________________________________________________________________________ by Digital Currency World News, 06-14-22 00:22 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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