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jpbrown1023
Aug 23, 2019 4:35 PM

DOGE - Nice Weekly Setup, Huge Pennant, Just Added to Binance Long

Dogecoin / BitcoinBittrex

Description

Taking a look at Dogecoin's weekly chart, I like what I see. The price is in a massive pennant The weekly MACD is curving at support and as history has shown 5 previous times before, when it has a bullish cross over the signal line the price tends to pump hard. My primary target is the first target at around .00000109. This has proven to be a strong resistance area and seems like an ideal place to take some profit off. Next is target 2 which is the top of the 2017 run. Target 3 is a long shot, but since it is a pennant target, I thought it was worth mentioning as a possibility. DOGE was just added to Binance which should add some nice liquidity to the market cap. Keep your eyes peeled for a breakout.
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