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Writer's pictureDC World News

DC Report: Does The Inside Bear Inverted Hammer Mean Sell Signal?

DOGECOIN


10-30-2022


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

Daily Chart

◘ 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

Weekly 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.

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