A trend line has been formed on the DODO chart. The price has already tested this trendline four times, which is currently acting as resistance. But it should be noted that the more times the price tests the level, the weaker the resistance and the better the chance of a breakout. A breakout of the trend line could be a good buying opportunity. It is important...
#DODO/USD 🔥Dodo is at a summer low (the maximum bottom of the coin), the price has slowed down, a good level to buy. Subscribe!✅✅✅
this is what i think but do you own Research. DODO will touch the May Level soon.
hey traders, there is dodo, we waited it for a long time so, we need a close above the blue line for 1D bar to get the green lines (short term's targets) the yellow lines (long term's targets) and the stop loss is a close under the red line for 1D bar . trade carefully guys and don't forget the risk management. . . . . . . .
entry: two days close above 200 MA good volume the price cross up the upper trend and retest it big day on 16/11/2021 stoploss is one day close below 1.475 the target on the chart goodluck
the price is on a great spot , we can start buying if we see a power full candle " the final TP can be the top of the channel "
if you are into coin that jump insted of run you should heard of dodo dodo made a triangle in 1d time frame and ready to jump again so add it on your watch list and also watch for fakeouts
Green lines are the main waves The blue lines of the waves are a subset of the motive The red lines are corrective waves
That area just above 1.70 presents a confluence of resistance that makes it a significant and key breakout level. One can wait for a breakout and re-test setup to maximize RR to one's favor. I'm personally actively looking to enter a smaller position to maybe front run the breakout which is looking quite imminent. My 4HR levels:
Clear flag breakout. Clear ichimoku breakout. Easy 20-30% up from here. Cheers🥂
Dodo broke out the triangle pattern. We must wait for horizontal resistance to break to enter a trade and then its directly moon 🌙
DODO has been in accumulation for almost two months now. Usually, after such long accumulations, there is a strong impulse growth. Also worth noting on the chart is the trend line, the price is getting closer and closer to it. If the price breaks this trend line, the next target will be $2.3 and $3.2. Write in the comments all your questions and instruments...
Watching the Defi space for growth. DODO has shown strength pushing above MAs and key levels. Has been rejected at trend and is currently resetting in a very likely space to accumulate, which I mark out as between 1.5-1.4. Still possible to see a deeper pull back to the price trend is there is a market pull back, but this would be seen as a buy opportunity for me,...
#DODO DAILY CHART TECHNICAL ANALYSIS Given the channels and trend lines drawn, the price seems to be breaking the orange trend line. Accordingly, it is expected that if the orange trend line is validly broken, one of the following will continue. TARGET1: 2.2$ TARGET2: 3.2$ TARGET3: 5.2$ STOP LOSS: 0.99 ENTRY: 1.62- 1.3 STEP BY STEP TIME: 3-8w
Dodo Is Looking Good For Mid Term... Long Time It's Didn't Grow. So Keep In Your Watch List. I'm Accepting 30%- 100% Profit. Multiple Entry Will Be Better...
TA explained DODO is following text book price action so far after the formation of the W-pattern and the pullback to retest the neckline of it. Since the breakout of the descending channel/falling wedge end of September, price has been trending upwards. The trend is even more clearly visible on the 4H chart as can be seen here: As you might have figured from...
Dodo has been retesting previous HH of the price. SL needs to be lower than low of daily candle. There is a high reward is about 1:6, it is worth a shot. When price moves in our favor to 1:1, I will move SL to entry level.