DODOUSDT trade ideas
DODOUSDT - Chance for upDear mate,
The price has slowly moved out of the main downtrend channel and it is ready to head towards the first resistance of the bull channel.
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Above is my personal opinion, I do not encourage anyone to follow suit, please manage your money, Good luck!
Xin Liar
DODO faces Numerous Attacks on Liquidity PoolsDODO coin traded at $4.0 with a neutral movement of 0.70% in the last 24-hour. However, DODO is negative, with -5.98% loss on the weekly time-frame. In contrast, the market capitalization stands at $39 million. Technically, investors can perceive a negative crossover in SMA. Moreover, DODO is also facing attacks on their exchange. In future trading sessions, the price movement can move towards the support of $3.82.
Resistance: $4.73
Support: $3.82
DODOUSDTSee a potential run for this coin over coming weeks/months if resistance broken and support is held. Indicators not much use in so early stages of the coin on this time frame. If res is broken definitely has potential for 100-400% gains. Take partials along the way. Always trade with an appropriate risk management strategy. Happy trading! NGS
Break and retest ideaWe want to get either long or short after a break and retest of this price range. The current market favors a break to the upside slightly but the downside is also very much a possibility. Either way, it is likely to come back and retest which is the only place we are interested in taking a trade.
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