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DC Daily Report: Will DOGE Continue Testing The 20ema Or Break Out Soon?

DOGECOIN: Review + Close Of The Day

07-23-2022


Daily Chart

◘ DOGE pulled back and tested the 20ema closing as a higher low Bull trading range bar

◘ Closing above the 20ema may yet be good for the Bulls ◘ The market is currently holding above the top of the Bear channel ◘ Bulls may push a 3rd leg up but the rejection of the 07-20 High may form a trading range ◘ Open of July at 0.06642 may continue to act as a magnet for scalpers till the July close ◘ Leg 1 Leg 2 Measured Move shows projected high of 0.08720

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

DOGEUSDT Daily chart Leg 1 Leg 2 Measured Move Source: dcworldnews, tradingview charts

Do Bulls rally for a 3rd leg up to the projected Leg 1 Leg 2 measured move? Are Bears set up and committed to break out short under the 20ema?

Will both sides be disappointed forcing DOGE in a trading range near the 20ema+July open?

What are your thoughts? Watch DC Charts Live and Stay Tuned For Tomorrow's Report! _________________________________________________________________________ by Digital Currency World News, dcworldnews.com 07-24-23 01:40 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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