DOGECOIN
March 5th, 2023
Daily Chart
◘ The high of the day at 0.2069 failed to test the 0.2150 Jan 2022 high
◘ Doge formed a pullback reversing 38.38% from the High to Low of 0.1275
◘ The market rallied 20.71% from the low of 0.1275 to close at 0.01539
◘ Doge closed -15.25% down from yesterday's Bull bar closing at the 8-day high
◘ The Daily 20ema is at 0.1167
Monthly Chart
◘ March's early extreme break out pulls back to the High of 2023
◘ The Monthly 20ema is at 0.949
Weekly Chart
◘ March Week 1 is currently a large trading range bar, but the week is still early on.
◘ The Weekly 20ema is at 0.0939
1 Hour Intraday Chart
◘ Final break out above the bull channel reverses to a lower high double top
◘ Strong Short from above the moving average forms a Leg 1 for the bears
◘ Bears Leg 1 reversed the March 3rd break out Bull channel point before the buy back
◘ Bulls rally from the low under the moving average
◘ The 20ema is above at 0.1649
15 Minute Intraday Chart
◘ A higher low double bottom forms after the break out bear channel
◘ The bulls test the 20ema then form a trading range
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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