DODOUSDT trade ideas
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!
DODO/USDTBuy Around 1.30$ - 1.50$
Selling Targets:
1️⃣ Target: 2.09$ = 52% Profit
2️⃣ Target: 2.72$ = 98% Profit
3️⃣ Target: 3.34$ = 143% Profit
4️⃣ Target: 3.90$ = 185% Profit
🔻Daily Close below : 0.90$ = 50% Lose
Signal Type: Mid-Term⏱1/3, Month
2021/09/17🗓
#Risk/Reward: 1/4
🏦Ex: Binance/Spot
🧩Capital 5% or 10%
📊#Technical_Analysis_by_Phoenix
DODOUSDT 300% potential to increase#DODOUSDT
$DODO broke out from descending resistance line days ago, now it is trading above broken resistance and ascending support line.
it will go up to touch the resistance zone around $3.
if bulls success to break this zone and close a daily candle above it , price will continue its upward move to $4.4.
triangle or parallel channel target is around $7.5.
and fibonacci target is around $9
DODO buy dip#DODOUSDT
(update)
$DODO rejected from descending resistance line and dropped below ascending support line.
there is a support zone around $1, that double top pattern also give us this target for down trend.
wait for rejection from support area and break out from descending resistance, then buy.
set your take profit targets below the resistance zone and lines shown in chart.