DC Report: Does The Inside Bear Inverted Hammer Mean Sell Signal?
15 Minute + 4 Hour Chart
15 Minute Chart
◘ Opening reversal and Bull break out above the 20ema for several hours then reversed ◘ Bears pullback twice with break out from above the 20ema for 3-4 legs into a trading range ◘ Trading range close for the rest of the day
4 Hour Chart
◘ Tight Bull rally into an expanding wedge 20ema test then into an exhaustive Bull break out ◘ Bears lower high double top reversal test to the 20ema ◘ Closed with a gap above the 20ema
◘ Today closed as an inside Bear inverted hammer low 1 high above the 20ema ◘ Daily 20ema is near 0.079 ◘ $9.156B in volume
◘ Resistance near the march low
Weekly + Monthly Chart
◘ Strong Bull break out high above the weekly 20ema wedge closing above its mid point ◘ $40.286B in Volume
Monthly Chart ◘ Strong Bull break out currently of 51B in Volume
◘ Above the Monthly 20ema
What are your thoughts? Watch DC Charts Live and Stay Tuned For Tomorrow's Report! _________________________________________________________________________ by Digital Currency World News, dcworldnews.com 10-31-2022 _________________________________________________________________________ #doge#dogecoin#crypto#priceaction#digital#currency#world#news#btc#eth#mana#ada#xrp *This is not Trading Nor Financial Advice.