DODOUSDT trade ideas
🔥 DODO Horizontal Channel Break OutIn my previous DODO analysis, I predicted that the price would bounce from the lower support level:
That signal was a success. Now, the price has managed to break through the top resistance of the channel, potentially starting a new bullish push upward.
I'd expect the price to fall back towards the top resistance of the channel, which is now an area of support.
Happy trading!
DODOUSDT DODOUSDT (1H Chart) Technical Analysis Update
Waiting for the resistance breakout
DODO/USDT currently trading at $5.367
Buy-level: Above $5.45 (only buy if 1h candle closes above $5.45)
Stop loss: Below $4.93
Target 1: $5.75
Target 2: $6.00
Target 3: $6.25
Target 4: $6.50
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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DODO on a range break soon 🦐After the recent highs DODO started an endless range trading between 2 structures.
According to Plancton's strategy if the price will break above we can set a nice long 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.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
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