DODOUSDT - 10x Campaign
Updated
Hi all,
Seen as we have many alts with a nice potential, I see DODO with a better RR compared to many 'IF' it were to position itself in the next month or so.
In the next couple of weeks I see 20-30% dip from Bitcoin (I have posted previously BUY levels for Bitcoin on my feed) and subsequently 50-60% dip for alts.
Trade Campaign reasoning: A simple XABCD pattern gives us a circumstantial BUY level for DODO at 1.13 - 1.27 Fibs with a profit take between 1.618 - 200% Fibs. I do see it make it between 30-50$ eventually but not in a straight line, and with an expectation 40-50% dip as a retest at somepoint if it makes it to 1.618.
I will update with final targets based on pattern structure way forward!
Good luck and Happy Trading!
Seen as we have many alts with a nice potential, I see DODO with a better RR compared to many 'IF' it were to position itself in the next month or so.
In the next couple of weeks I see 20-30% dip from Bitcoin (I have posted previously BUY levels for Bitcoin on my feed) and subsequently 50-60% dip for alts.
Trade Campaign reasoning: A simple XABCD pattern gives us a circumstantial BUY level for DODO at 1.13 - 1.27 Fibs with a profit take between 1.618 - 200% Fibs. I do see it make it between 30-50$ eventually but not in a straight line, and with an expectation 40-50% dip as a retest at somepoint if it makes it to 1.618.
I will update with final targets based on pattern structure way forward!
Good luck and Happy Trading!
Note
DODO hasnt made as far below compared to pther alts in terms of percentage drop. It shows a sign of strength and I see this is a good buy hereNote
Very nice wick down to the BUY region, I will be picking up some more here. Note it may take couple of weeks for recovery due to Bitcoin
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