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raserrano
Sep 18, 2019 2:52 PM

Is accumulation over? Doge what are you doing? Long

Dogecoin / BitcoinBittrex

Description

It seems that after a month of accumulation everything is set for an upward move to test the 42 satoshis level making almost 45% gain if you are buying as soon as possible. If the price breaks towards the old monthly support level of 42 the next target would be 88 satoshis level talking about the monthly levels. It also shows that 3 different weekly levels are on the way and the first one that caught my attention is the 37 satoshis level and next to that one and passing the strong monthly level is the 48 satoshis, this could mean that if a positive test of the monthly level of 42 satoshis and the ability to sustain the move will make a possible trading channel of the 37-48 satoshis, unless the ove keeps aiming to the next weekly level of 72 satoshis. I'm not foreseeing a change that dramatic any time soon, but if it happens it should be around October 12th which is close to where the trend line draw aims for the 72 satoshis level.
Comments
CryptoPaily
Volume has a lot of green candles in the 1H chart. Lot of accumulation going on.
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