DODO / USDT Accumulation channel. Breakout resistance.This idea is a continuation of the previous one, for monitoring price movement on an interactive chart. Accumulation channel 26%. Breakout of the resistance of this channel. Potential development of an uptrend. Be vigilant in your work. Read the last trading idea, this one is a continuation of it.
Last update of this trading idea. Since the last update (minimum values during a trend reversal), the price has made + 55% at the moment
Dodo!
🔥 DODO Channel ContinuedDODO has been trading inside this channel for a couple of months now. The last two break outs from said channel were, in retrospect, fake outs caused by Bitcoin's increased volatility.
Currently, DODO is seeing strong bullish price action. Seeing the state of the market, it's to be expected that this will keep going for a couple of days.
First target would be the channel resistance. In case that breaks we might even shoot towards the current ATH.
Happy trading!
DODOUSDT Look BullishDODOUSDT (1H CHART) Technical Analysis Update
Falling Wedge Breakout
DODO/USDT currently trading at $3.15
Buy-level: $3.00 - $3.20
Stop loss: Below $2.41
Target 1: $3.70
Target 2: $4.00
Target 3: $4.45
Target 4: $5.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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🆓DODO/USDT Analysis (24/4) #DODO $DODODODO is heading to the 3.5$ zone, which is very strong that could push DODO down to 2.5$ zone again or even 2$ zone
DODO is a potential coin which targets at 5$ and 6$ in May
📈BUY
-Buy: 2.4-2.6$. SL B
-Buy: 2.9-3.1$ if A. SL B
-Buy: 3.5-3.7$ if A. SL B
📉SELL
-Sell: 3.5-3.7$. SL A
-Sell: 4.9-5.1$. SL A
-Sell: 5.9-6.1$. SL A
♻️BACK-UP
-Buy: 1.9-2.1$ if A. SL B
❓Details
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"
DODOUSDT DODOUSDT (1H Chart) Technical Analysis Update
Waiting for the resistance breakout
DODO/USDT currently trading at $5.367
Buy-level: Above $5.45 (only buy if 1h candle closes above $5.45)
Stop loss: Below $4.93
Target 1: $5.75
Target 2: $6.00
Target 3: $6.25
Target 4: $6.50
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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DODO on a range break soon 🦐After the recent highs DODO started an endless range trading between 2 structures.
According to Plancton's strategy if the price will break above we can set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Leave a comment that is helpful or encouraging. Let's master the markets together
DODO Buy When the Breakout ConfirmedDODO Buy When the Breakout Confirmed
Signal: Red -> Green
Context: Green: Bullish
DODO, DODOUSD, DODOUSDT, DODOUSDTP
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.