DC Daily Report: Will The Inside Bear Bar & Follow Through Break Out Be Stronger Than A Scalp?
DOGECOIN: Review + Close Of The Day
◘ 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
◘ 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? Watch DC Charts Live and Stay Tuned For Tomorrow's Report! _________________________________________________________________________ by Digital Currency World News, dcworldnews.com 07-25-22 01:46UTC _________________________________________________________________________ #doge#dogecoin#crypto#priceaction#digital#currency#world#news#btc#eth#mana#ada#xrp *This is not Trading Nor Financial Advice.