DODOUSDT trade ideas
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 best time to BUY !hello evryone. as we can see dodo broke the Descending trendline latlely and now pullbakcing to it and rsi showing us that the price soon go very up , so its very good time to buy and hold this beautifull coin with very low risk, buy with stop loss of breking next support.
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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?
DODOUSDT is creating a falling wedge 🦐DODOUSDT is creating a falling wedge below the weekly resistance.
If the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice 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.
DoDoUsdt good potential for profitIt's a coin with good potential that can reach high peaks.", it's a decentralized trading Protocol For web3 platform
that has not yet been able to start its own growth and can reach good peaks.
this coin have more potential for pump
with check uniswap and sushiswap prize can understand how much potential for DODO
GL
EntryPoint:
1.314
Supports:
1.117
0.909
0.700
Resistance:
1.395
1.471
Targets:
1.651
1.891
2.167
2.630
3.366
4.605
5.422
mid time:
6.862
for HODL:
10.656
14.578
GOAL:
21.723
GL