top of page

DC Monthly Report: Sell In May & Go Away, Strong Bear 2nd Leg Below The 20ema. Inside Bar For June?

DOGECOIN: Review + Close Of The Week

Month #5 May

◘ Strong 2nd leg down bear break out bar following a bear hammer under the 20ema ◘ Bear bar closing under its mid point near Highs of January and February 2021 ◘ The April 2021 Extreme Bull bar and gap might close if the Bears tests 0.053

◘ The Month did not have extreme volume and the size is not extreme to be exhaustive ◘ Possible "Sell The Close "Bears risk a trap for a scalp to the low of the month. ◘ DOGE may possibly be far enough below the 20ema to form an inside bull bar for June ◘ YTD average volume is 0.125 ◘ All time average volume is 0.031

◘ DOGE maintains best long term performer runner up MANA, ADA, ETH, BTC, XRP

DOGEUSDT Monthly chart, 20 Exponential Moving Average, Volume Bars, Trend Lines Source: dcworldnews, tradingview charts

DOGE Monthly line chart, performance comparison with BTC, ETH, ADA, XRP, MANA Source: dcworldnews, tradingview charts

Is DOGE far enough below the 20ema for June to form a strong Bull reversal? Do Bears push through the low of May to close the Bull gap near 0.053?

Will DOGE test the May low then above the June open as a weak hammer / trading range? What are your thoughts? Watch DC Charts Live and Stay Tuned For Tomorrow's Report! _________________________________________________________________________ by Digital Currency World News, dcworldnews.com 06-01-2022 00:11UTC _________________________________________________________________________ #doge#dogecoin#crypto#priceaction#digital#currency#world#news#btc#eth#mana#ada#xrp *This is not Trading Nor Financial Advice.

12 views2 comments

2 Comments


I remember last year at this time well. Wasn’t pretty.

Like
DC World News
DC World News
Jun 02, 2022
Replying to

Very True. That was the Elon Musk Mothers Day Sale.

Like
bottom of page