◘ Today formed an Inverted Bear Hammer on the 3rd leg down after a 20ema test ◘ Tomorrow may have a higher chance to be a Bull day ◘ Today formed a type of setup that has occurred about 10 - 15 times throughout the year ◘ A Bull reversal bar follows this setup approx. 66% or 2/3 of the time
◘ 33% or 1/3 of the time a Bull Trap ◘ Sometimes the follow up is good, sometimes bad, sometimes trading range scalpers ◘ Bull target is the 20ema at 0.0607 - 0.062 ◘ Bear target is 0.05509 - 0.050 ◘ Today's volume was below average
Do Bulls buy the bounce up to the average?
Are Bears set to continue shorting an oversold market?
Will the market hold the trading range near the 30% line for the remainder of the month?
What are your thoughts? Watch DC Charts Live and Stay Tuned For The Next Report! _________________________________________________________________________ by Digital Currency World News, dcworldnews.com 10-15-2022 _________________________________________________________________________ #doge#dogecoin#crypto#priceaction#digital#currency#world#news#btc#eth#mana#ada#xrp *This is not Trading Nor Financial Advice.