DODOUSDT trade ideas
DODO🎇💣📈Dodo has broken a downtrend and successfully hit a pullback and is ready to move towards its higher goals.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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DODO small coin - big profit 🚀🔥Dodo is a small coin, capitalized at just $170m and ranked 190th on the coinmarketcap.
A small coin, big risks but big opportunities.
On the chart, the price broke the global trend line.
Tested as support and already headed higher.
From the high, the coin has corrected by 90%, which is a lot.
Above are the marked areas where the price could come.
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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
DODOUSDT Resistance Breakout!DODOUSDT Technical analysis Update
DODO/USDT currently trading at $1.45
Resistance Zone breakout
Buy level : $1.40 -$1.45
Stop loss: $1.24
TP1: $1.65
TP2: $1.85
TP3: $2.00
TP4: $2.30
Max Leverage 2x
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.
DODOUSDT is testing an important daily resistance DODOUSDT is testing an important daily resistance, The price is creating an ascending channel. IF the price is going to have a breakout and retest the previous resistance as new support, 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.
I expect an increase to $ 1.7In the daily chart, we see the formation of a W (double botton) pattern, the target of which is the length of the valley, and according to Fibonacci, if it can break the resistance in the range of 1.2 to 1.3 to 1.618 Fibonacci in the range of $ 1.7 I expect progress and I am on this bullish currency when it does not break the yellow trend line. RRR This currency in my opinion is now 2.78 which is relatively suitable for buying. If I am not able to break the resistance ahead, I expect it to fall to the Kijonsen Felt line range in the range of 1.040.