DOGECOIN: Review + Close Of The Day
07-24-2022
15min chart
◘ Trading range price action for 22.5 hours ◘ Bear Break out at the end of the day closing Week 29 ◘ Next day opens the day with a reversal into a Bear break out for 1 leg down
DOGEUSDT 15minute chart, 20 Exponential Moving Average, Volume Bars Source: dcworldnews, tradingview charts
Daily Chart
◘ Today formed an inside Bear bar just above the 20ema
◘ Next day Bears break out under the 20ema ◘ The 07-18 Bull break out from 0.063 is possible Bear target ◘ The July open is 0.06642 and may act as a magnet for the close of the month
◘ Top of the Bear channel is just under near 0.0646 ◘ Bottom of the Bull channel is near 0.061
◘ Today's Close @ 0.06755 - 10% = 0.060795. - 20% = 0.05404 ◘ 07-20 High @ 0.07695 - 10%=0.069255. -20% = 0.06156
◘ The 20ema and July open have been strong magnets for most of the month
DOGEUSDT Daily chart, 20 Exponential Moving Average, Volume Bars, Trend Lines Source: dcworldnews, tradingview charts
Do Bulls give up for the Bear break out to form a deep bounce for lower buys?
Are Bears ready for more than just scalps?
Will DOGE continue the trading range around the July open and 20ema?
What are your thoughts?
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by Digital Currency World News, dcworldnews.com
07-25-22 01:46UTC
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#doge#dogecoin#crypto#priceaction#digital#currency#world#news#btc#eth#mana#ada#xrp
*This is not Trading Nor Financial Advice.
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