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DC Report: Will DOGE Remain In The Wedge Till The End Of August?



Daily Chart

◘ Today Bulls tested Wedge resistance and pulled back forming and inverted Bull hammer

◘ The previous day formed a break out both below and above the last day of the initial wedge

◘ Bad follow through Bulls scalped at resistance keeping the market inside of the wedge

◘ The current wedge is measure to converge Aug 30th

◘ It may be possible that DOGE will continue in the wedge till the end of the month

◘ Both sides may be disappointed with break out attempts that fail to follow through

◘ Traders on both sides are waiting for a significant series of break out bars in their favor

◘ The market is in a 2 - 3 month trading range after the June drop and reversal

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

Do Bulls have enough to break out and rally above 0.08?

Are Bears willing to risk more than a scalp this low in the market?

Will the market stay sideways in the wedge for scalpers accumulating small percentages?

What are your thoughts?

Watch DC Charts Live and Stay Tuned For Tomorrow's Report! _________________________________________________________________________

by Digital Currency World News,


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

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