DOGECOIN
1-9-2023
Daily Chart
◘ The 1st nine days of the new year have formed a 2x measured move from a minor double bottom ◘ Today's Bulls mustered a break out through the 20ema testing the Bollinger Band High before closing below its midpoint ◘ Bears may see the 1st close above the 20ema as a opportunity to short to below the 20ema forming a sell signal
◘ Bulls may want a continued break out but lack commitment after a choppy higher low double bottom ◘ The pull back from today's high may indicate Bull scalpers taking profits which may reduce the Bulls chances of a break out ◘ The close above the 20ema may reduce the Bears chances of a break out
What are your thoughts?
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by Digital Currency World News, dcworldnews.com
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#doge#dogecoin#crypto#priceaction#digital#currency#world#news#btc#eth#mana#ada#xrp
*This is not Trading Nor Financial Advice.
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