DC Report: Failed Bull Follow Through A Setup For A Break Out?
◘ Bad Bull follow through after yesterday's buy signal forms a Bear inside bar
◘ Bears may want a break out for a 3rd leg down under the 20 ema testing the Oct 11 low
◘ Bulls have a higher low double bottom set up for a break out but there is Bear pressure
◘ DOGE has been in a sideways trading range since mid June with failed break outs
◘ DOGE is currently under the 20ema for the 1 minute through to the 1 Month charts
◘ DOGE may be oversold.
DOGEUSDT Daily chart, 20 Exponential Moving Average, Volume Bars, Trend Lines Source: dcworldnews, tradingview charts
Do Bears continue a break out in a possibly oversold market?
Are Bulls ready to follow through with a break out for a scalp?
Will the market muster enough strength to break out of the trading range this month?
What are your thoughts?
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by Digital Currency World News, dcworldnews.com
_________________________________________________________________________ #doge#dogecoin#crypto#priceaction#digital#currency#world#news#btc#eth#mana#ada#xrp*This is not Trading Nor Financial Advice.