DOGECOIN: Review + Close Of The Day
xx-xx-2022
15min chart
◘ Bears opening selloff to the 20ema turns wedge trading range ◘ Bulls break out and rally for 3 - 5 legs from a higher low double bottom ◘ Bulls exhaustion from a double top
◘ Bears short the reversal into a trading range around the 20ema till the close of the day ◘ DOGE strongly outperformed all others in compared performance on the 15min. line chart
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
◘ Today formed a Bull break out test of the 20ema gaining 9.63%
◘ Follow through Bulls scalped the 20ema into an inverted Bull hammer ◘ Bulls close the day above its midpoint under the 20ema ◘ Bears may look to short the 20ema gap test for a scalp ◘ Bulls may want a follow through break out and rally Bear trap ◘ DOGE jumped into 3rd in compared performance on the YTD Daily chart
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
Do Bears form a 20ema gap sell test to 0.58?
Are Bulls trapping Bears for a break out test up?
Will the market hold in a trading range along the 20ema forming an inside bar?
What are your thoughts?
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by Digital Currency World News, dcworldnews.com
06-21-22 00:38UTC
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#doge#dogecoin#crypto#priceaction#digital#currency#world#news#btc#eth#mana#ada#xrp
*This is not Trading Nor Financial Advice.