DC Daily Report: Will Today's O-i-i Setup Break Out Mode Or Disappoint Both Sides?
DOGECOIN: Review + Close Of The Day
◘ Opening break out Bull rally turns pullback into a trading range ◘ Bears short the trading range to test the open of the day ◘ Strong Bull break out from a higher low double bottom
◘ Wedge double top for the close of the day ◘ DOGE is 5th in compared performance on the 15 min 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
◘ Today formed an inside Bull bar closing near its high under the 20ema
◘ The market formed an O-i-i or Outside-Inside-Inside set up for break out mode ◘ Bulls may want the break out above Today's high to the 20ema ◘ Bears may want a strong lower high double top reversal from the 20ema ◘ DOGE is 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 Bulls succeed with a break out and rally test above the 20ema? Are Bears looking to short the open for a lower high double top reversal?
Will the market travel sideways to the 20ema disappointing both Bulls and Bears?
What are your thoughts? Watch DC Charts Live and Stay Tuned For Tomorrow's Report! _________________________________________________________________________ by Digital Currency World News, dcworldnews.com 06-24-22 00:00UTC _________________________________________________________________________ #doge#dogecoin#crypto#priceaction#digital#currency#world#news#btc#eth#mana#ada#xrp *This is not Trading Nor Financial Advice.