DODOUSDT
DODO - small coin, big opportunity🚀🔥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.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
DODO trading planWatching 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, with the best price marked in the 1.33 range. Chart is not as clean as 1INCH but showing similar characteristics, waiting for a break above the key level marked to potentially add to my position on this, if I don't catch a buy at 1.33 price trend. Would want to see a strong 4H close through that zone marked
Still remains below a number of key levels, but DODO is one coin I am watching for significant growth, with an ATH way up in the clouds still at $10. If market remains strong I suspect it will hold support on the 20MA with some wicking below, which might give some ideas for entry within the zones marked. Other indicators for me of an entry would be the RSI resetting on the 50 and trend as marked, and when the EMAs kiss on the MACD. These points should give me optimal entries with tight stop loss.
Indicators look healthy, OBV is healthy, bullish and currently at an ATH on Binance Daily - having jumped well above key level with the push up starting OCT 12. expecting big things
Possible Profit targets marked below. I am holding out hopeful for the 10 if this bull run runs!
#DODO DAILY CHART TECHNICAL ANALYSIS#DODO DAILY CHART TECHNICAL ANALYSIS
Given the channels and trend lines drawn, the price seems to be breaking the orange trend line.
Accordingly, it is expected that if the orange trend line is validly broken, one of the following will continue.
TARGET1: 2.2$
TARGET2: 3.2$
TARGET3: 5.2$
STOP LOSS: 0.99
ENTRY: 1.62- 1.3 STEP BY STEP
TIME: 3-8w
Dodo chart analysis 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...
DODOUSDT 1D long; Dont miss out on DODOTA 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 the chart, we are already in the trade aiming for the given targets. However, I still did want to share it publicly because of the high potential there still is for DODO towards the given targets. Even first target is still 27% away from current price level.
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MDSquared Crypto Lounge
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
DODOUSDT in accumulation Currently as per my TA. DODO is trading in an accumulation range.
I will keep monitoring it and will enter only after a 2 week candles closure above the resistance (purple line) for a confirmation
with $2.0 as my SL
my targets are as follow:
TP1: $3.026
TP2: $3.419
TP3: $3.763
TP4: $4.13
what do you think of this price action trade?
DODO , CORRECTION, RANGE OR READY TO FLY?!DODO have a very good project. In addition to good fundamental news, it has good shopping conditions. DODO is currently in the 4-hour time frame under MA200 and MA50 . It has an attractive chart to buy!
DODO has already formed two valleys. And the possibility of further correction is not far from the mind.
do not forget. Buy when the market is red and sell when it is green. This is the golden rule of this market!