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AlanSantana
Jan 7, 2020 4:17 PM

Dogecoin Preparing For A Massive Jump | 105% to 645% Long

Dogecoin / BitcoinBittrex

Description

Please allow me to start this analysis with MA200 on the daily timeframe long-term... MA200 is the black line on the chart.

DOGEBTC (D):


Notice how each time that MA200 is conquered, a massive bullish wave follows.

Currently, we are seeing prices challenging MA200, which can lead to a strong bullish wave if this resistance level is conquered.

The lower the MA200 line on the chart, the bigger the jump that follows.

Right now MA200 is at its lowest for a while, which can lead to one of the biggest jump in prices Dogecoin (DOGEBTC) has seen.

What's your take?

Thanks a lot for reading.

Namaste.
Comments
Brandyplus
Nice approach
AlanSantana
@Brandyplus, Thanks. Your support is appreciated.
pablogmz
Thanks! but one question, What about volume? There´s no volume now
CryptoPaily
@pablogmz, check out doge coin rich list.
Many have been accumulating heavily.
AlanSantana
@pablogmz, Volume just comes in when it is time to move... Look at Bitcoin as an example.
sidhabdn
Thank you so much Master
AlanSantana
@sidhabdn, Glad you like it. :)
Eyup3349
Update please.
Milky_Udders
Sadly Doge is not challenging the MA right now. We are not in oversold territory yet.
uziboozi
update lol, im shook i really wanna sell but i dont want to miss the move
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