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DC Report: Is The Extreme Bull Trend Sustainable?



15 Minute Chart

◘ Opening trading range for the 1st 8 hours of the day lead to a strong Bull break out ◘ 1st rally had 2 legs up then fell sideways to the 20ema into a higher low double bottom ◘ 2nd rally had 3 - 4 legs up and reversed from a higher high back to the 20ema

◘ The close of the day was a trading range with Bear break out under the 20ema

Daily Chart

◘ Today formed an extreme Bull break out closing above its mid point high above the 20ema ◘ Today is also the largest day on volume and price action since last year Oct 28th 2021 ◘ This is the 5th bar in the rally that started at 0.05913

◘ 0.1515 is the high of the day ◘ There was a 45% gain for the 1-day and 156% spread for the 5-day rally from low to high

◘ 0.1703 is the 2022 open

What are your thoughts? Watch DC Charts Live and Stay Tuned For Tomorrow's Report! _________________________________________________________________________ by Digital Currency World News, 10-30-2022 _________________________________________________________________________ #doge#dogecoin#crypto#priceaction#digital#currency#world#news#btc#eth#mana#ada#xrp *This is not Trading Nor Financial Advice.

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