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DC Daily Report: Will Weak Bull Follow Through Be Enough For The Bears To Buy Back?

DOGECOIN: Review + Close Of The Day

07-19-2022


15min chart

◘ Opening pullback to a higher low double bottom under the 20ema ◘ Break out Bull rally for 3 -5 legs into a lower high double top ◘ Sideways for the close of the day.

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

◘ The DOGE July open is 0.06642 and has been a magnet for the month.

◘ Important day breaking above the top of the Bear channel showing strength for the Bulls. ◘ Bear channel + 20ema are strong magnets. Tomorrow may pullback to test both targets. ◘ Today began as a Bear inside bar turned follow through buying after a break out above the channel and moving average. ◘ Today formed a Bull trading range bar. ◘ Bull scalpers may be near the top of the range.

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

What are your thoughts? Watch DC Charts Live and Stay Tuned For Tomorrow's Report! _________________________________________________________________________ by Digital Currency World News, dcworldnews.com 07-19-22 23:55UTC _________________________________________________________________________ #doge#dogecoin#crypto#priceaction#digital#currency#world#news#btc#eth#mana#ada#xrp *This is not Trading Nor Financial Advice.

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