Dodo compensates for the lossesDodo succeeded in flooring at its lowest price of 1,090 after falling a lot in the previous sessions.Dodo then tries to make up for the loss Today, Dodo is trying to keep its daily candle above the resistance of 1.70 If this happens, Dodo can raise its price.On the ascending path after resistance 1.70, resistance is at 2.76, 3.42 and 3.61.
This is not a financial recommendation.
DODOUSDT trade ideas
DODOUSDT - 10x CampaignHi all,
Seen as we have many alts with a nice potential, I see DODO with a better RR compared to many 'IF' it were to position itself in the next month or so.
In the next couple of weeks I see 20-30% dip from Bitcoin (I have posted previously BUY levels for Bitcoin on my feed) and subsequently 50-60% dip for alts.
Trade Campaign reasoning: A simple XABCD pattern gives us a circumstantial BUY level for DODO at 1.13 - 1.27 Fibs with a profit take between 1.618 - 200% Fibs. I do see it make it between 30-50$ eventually but not in a straight line, and with an expectation 40-50% dip as a retest at somepoint if it makes it to 1.618.
I will update with final targets based on pattern structure way forward!
Good luck and Happy Trading!
DODO / USDT Accumulation channel. Breakout resistance.This idea is a continuation of the previous one, for monitoring price movement on an interactive chart. Accumulation channel 26%. Breakout of the resistance of this channel. Potential development of an uptrend. Be vigilant in your work. Read the last trading idea, this one is a continuation of it.
Last update of this trading idea. Since the last update (minimum values during a trend reversal), the price has made + 55% at the moment
DODOUSD wait for breaking trendline and huge rise after that As we can see price receive strong support here and ready to once again rise and maybe even pump to our targets .
Targets :
A. 3.15$
B. 3.40$
C. 4.00$
Notice: 2.5$ is strong and last support left and if that break we may have bearish market here continue.
DISCLAIMER: ((trade based on your own decision ))
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
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DODO ( Are we reached bottom ) ?DODO ( Are we reached bottom ) ?
TA analysis.
1W timeframe - I got the bullish candle on 26th april 2021, which covers 8 weekly candles and now 2 week bearish candle but it seems like, it is not going more down.
1D timeframe - I can see double bottom, just wait for brake the downtrend line.
Please do your own research.
Hilsen
Sanjeev
DODOUSDT - AnalysisHi Traders,
Sharing my Technical Analysis with you. Solely meant to improve my learning curve. Hope you like it.
EngineeringRobo is Bullish for DODOUSDT at the moment. If you consider BUYING wait for the daily close above the 3.40 area support line
You have DODOUSDT? As long as EngineeringRobo is bullish and the candles are above the uptrendline no need to hurry to sell it.
If you consider SELLING and you want to make a quick profit, you can sell it at the first resistance level (4.20 area ressistance line) .
Otherwise, just follow the signals.
Good luck & all the best.
DODOUSDT possible corrcetionDODO has:
- formed Head&Shoulders on daily chart
- formed Head&Shoulders on right shoulder on hourly chart
- playing nicely with first ATH
- doing the parabollic move
- Voulume is going down.
There is a high probablility that it will fall down in the next hours after fakeot which will clear longs.
This is not investment advise :-)