DOGECOIN: Review + Close Of The Day
06-05-2022
15min chart
◘ Opening reversal to a lower low double bottom turns bull break out then sideways to up ◘ Strong bear short to support for the closing bars of the day ◘ Tomorrow, Best the bulls get may be a trading range with break out test and scalp
◘ Tomorrow, possible Bear open set up for more legs down to under the double bottom
◘ DOGE is the last performer compared to MANA, ADA, BTC, XRP, with ETH in the lead
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 ◘ Inside Bear Bar in the middle of the 24 day trading range at the bottom of the wedge ◘ Tomorrow: Bears may want a bear set up for a wedge break out test to approx. 0.073 ◘ Short term "Buy The Close" Bulls risk a 2nd leg bull trap attempting a scalp ◘ Inside Bar often means a break out soon
◘ 4th XRP close behind DOGE in 3rd for YTD performance under ETH with BTC in the lead
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 DOGECOIN Open Of The Day
06-06-2022 ◘ 1min Bar1 Bull trading range bar ◘ 1min Bar2 bear gap strong bear break out bar
◘ 1min Bar3 Buybacks bull inside bar turns weak bull inverted hammer open gap
◘ 1min Bar4 Bulls attempt control keeping gap open with break out above prior bar
◘ 1min Bar5 Quick scalp to trap into break out test the open and scalp turns bull signal
◘ 1min Bar6 Bull gap test the 20ema turns bear to prior bar into a strong bull break out
◘ 1min Bar7 Inside Bear bar above the 20ema short the strong bull close for a scalp
◘ 1min Bar8 Bear break out low 2 bear signal under the open turns bull hammer
◘ 1min Bar9 Bulls at the 20ema scalp the gap bear pause turns weak bull follow through
◘ 1min Bar10 Strong Bear short above the 20ema break out to turns outsideup bull hammer
◘ 1min Bar11 Strong follow through bulls close high
◘ 1min Bar12 Bears gap down inside bar turns weak bull bar test to a double top bear short
◘ 1min Bar13 Strong bear break out bar follow through short under the 20ema to the open
◘ 1min Bar14 Quick buybacks and bull trap into a inverted bear hammer bear signal bar
◘ 1min Bar15 Bear pause turns buyback test the open into inside bull bar bull signal
◘ 1min Bar16 Buybacks and bull scalpers at the 20ema flashed the bar to a DOJI
◘ 1min Bar17 Bull pause inside bull bar test the 20ema
◘ 1min Bar18 Bull scalp to Bear break out test the open turns bull DOJI
◘ 1min Bar19 Strong bull break out pushing above the bar 11 high
◘ 1min Bar20 Bull scalpers to Bear pause inside bar turns bull break out
◘ 1min Bar21 Bulls gap up break out attempt whips bear reversal to inverted bull hammer
◘ 1min Bar22 Bear pause fights the bull gap bull pause at resistance turns break out
◘ 1min Bar23 Bears pause low volume inside bar setup
◘ 1min Bar24 Bear gap and follow through short turns outside up bull break out hammer
◘ 1min Bar25 Bear pause turns bull pause DOJI to an inside bear bar
◘ 1min Bar26 Double top bear gap bear pause weak low 2 short
◘ 1min Bar27 Bear low 3 break out close the gap and test above the 20ema
◘ 1min Bar28 Quick Bull break out pause at micro double top pushes higher and scalps out
◘ 1min Bar29 Inside bull gap and pause back n forth whips inside bear to bull break out
◘ 1min Bar30 Bear bar short setup or trap above the 20ema ◘ 1min chart Bull break out higher low double bottom to 3 legs above
◘ 5min chart Bear buyback and Bull break out to the 20ema
◘ 15min chart Opening Bull DOJI has Bull break out follow through test of the 20ema
◘ DOGE is 4th in 1min open performance under ETH, ADA with MANA in the lead
◘ 30min DOGE Technical Analysis is a "Buy 15, Neutral 9, Sell 2"
DOGEUSDT 1min, 5min, 15min 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
Do "Buy The Close" Bulls have strength for more than a scalp test to the 20ema?
Do Bears short a second leg Bull trap for a break out test under the wedge?
Will the market prevent both side from being satisfied for about 6 - 7 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
06-05-2022 00:48UTC
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#doge#dogecoin#crypto#priceaction#digital#currency#world#news#btc#eth#mana#ada#xrp
*This is not Trading Nor Financial Advice.