DOGECOIN
11-25-2022
Daily Chart
◘ Today formed a strong Bull bar closing near its high just above the 20ema ◘ The 20ema has been tested with No successful break out and hold for 17days ◘ Tomorrow will more likely pull back to test the 20ema near 0.086
◘ Tomorrow may be an inside bear bar sell signal IF Tomorrow fails to pass Today's high ◘ Bears risk a trap at the open of the day for a scalp to or below the 20ema ◘ Bulls risk a 2nd leg trap after a strong close above the 20ema and may begin taking profits
◘ $0.07 is near the Bollinger Bands Low (Support)
◘ $0.10 is near the Bollinger Bands (Resistance ◘ Midline of the YTD Regression Channel is near $0.05, high near $0.148, low near 0.001
◘ Average volume is a plus with a break out after 17days of below average volume
◘ $0.12685 is the Open of November and may act as a magnet for Bulls wanting the close
What are your thoughts?
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by Digital Currency World News, dcworldnews.com
11-25-2022
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#doge#dogecoin#crypto#priceaction#digital#currency#world#news#btc#eth#mana#ada#xrp
*This is not Trading Nor Financial Advice.
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