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DC Report: Trading Range Bull Scalpers Setup Up For A Rally?

DOGECOIN


10-11-2022

Daily Chart


◘ Doge has been in a trading range with failed break outs since June

◘ Today bounced off of the Bull trend line c=forming a Bull hammer with a weak body

◘ The buy signal is under the moving average

◘ Today may be a "Buy" signal for tomorrow

◘ 10% up from today's low of 0.0575 is 0.06325

◘ Bull scalpers likely after a bounce to take partial or full profit at the 20ema near 0.0615

◘ Possible 2 to 3 Bull bars in a row over the next few days.

◘ Long-term may still be a trading range till the end of the year


DOGEUSDT Daily chart, 20 Exponential Moving Average, Volume Bars, Trend Lines Source: dcworldnews, tradingview charts


What are your thoughts?


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by Digital Currency World News, dcworldnews.com

10-12-2022

_________________________________________________________________________ #doge#dogecoin#crypto#priceaction#digital#currency#world#news#btc#eth#mana#ada#xrp*This is not Trading Nor Financial Advice.

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