DOGECOIN: Review + Close Of The Day
06-23-2022
15min chart
◘ 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
Daily Chart
◘ 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?
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by Digital Currency World News, dcworldnews.com
06-24-22 00:00UTC
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#doge#dogecoin#crypto#priceaction#digital#currency#world#news#btc#eth#mana#ada#xrp
*This is not Trading Nor Financial Advice.