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

7 Jan 2020

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.