DOGECOIN
08-07-2022
Daily Chart
◘ Today opened as a trading range for 12 hours
◘ Bulls formed a strong break out testing the wedge resistance before reversing
◘ Bears pulled back to the middle of the trading range
◘ Today closed as inverted bear hammer inside the minor wedge
◘ Today could be the last day of the wedge
◘ The next day opened with a break out under the wedge and returned back to the middle
DOGEUSDT Daily chart, 20 Exponential Moving Average, Volume Bars, Trend Lines Source: dcworldnews, tradingview charts
Do Bears follow through short for the next 5 days testing the 20ema and wedge support?
Are Bulls going to reverse the Bear signal testing the prior high and wedge resistance?
Will the market continue sideways in the wedge till the end of the month?
What are your thoughts?
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by Digital Currency World News, dcworldnews.com
08-11-2022