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DODO / TetherUS

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DODOUSDT trade ideas

DODOUSDTHello. You can see the upcoming chart of DODO/USDT in the daily time. I had to use the weekly chart due to the better display of all the movements and better understanding of the audience. First, we will start by examining the structure // We see the downward trend during It was last year and we continue to witness 3 upward start movements, which failed to break the dynamic line in 2 attempts and also did not break and stabilize above the 100 and 200 day averages, and these two movements continued to lead to the creation of a bull trap and hunting for the loss limit of buyers. In the new year, with the rise of Bitcoin and the TOTAL 2 index, and due to the hunting of the buyers' loss limit (number 3 in the picture), a new upward movement with an acceptable upward momentum, which leads to the failure and stabilization of the price above the average of 100 and 200 days, followed by the loss of long-term dynamic resistance, which promises us the possibility of potential growth and price rally. Also, the formation of a price corner fuels this possibility. Areas 0.15 to 0.11 with respect to capital management and loss limit of 0.098 and with the first target of 0.206 (short term) and target Second, I have 0.26, 0.38, and 0.475 dollars in the medium term for volatile friends. Moreover, due to the low volume of dominance of this currency, while heavy purchases are diverted by the Walls, we can expect a price pump ($0.75) or a rally. The goal of my humble servant was to show a suitable situation for buying ideal currency, and friends should definitely use capital management as a constant weight in all their transactions and should definitely consider entry and exit in the form of stairs.
Long
by mohammadtreder1982
Dodo Token Project DODO/USDTThe Dodo Token project is an innovative and exciting project that has the potential to revolutionize the DeFi space. The token is designed to be a decentralized, trustless, and permissionless platform that allows users to securely and efficiently trade digital assets. The project also has a strong focus on community engagement, and its goal is to create a vibrant and engaged ecosystem of users. The future of the Dodo Token and DeFi is very promising, and the project has the potential to become a major player in the DeFi space.
Long
by SophiaAnderson
3
DODOUSDTDODO is a DeFi protocoldecentralized finance (DeFi) protocol and on-chain liquidity provider whose unique proactive market maker (PMM) algorithm aims to offer better liquidity and price stability than automated market makers (AMM). The PMM pricing mechanism, which mimics human trading, utilizes oracles to gather highly accurate market prices for assets. It then provides enough liquidity close to these prices in order to stabilize the portfolios of liquidity providers (LP), lower price slippage and negate impermanent loss by allowing arbitrage trading as reward. DODO also caters for new crypto projects with a free ICO listing through its Initial DODO Offering (IDO) which requires issuers to only deposit their own tokens. DODO’s smart contract operates as an ERC20 token on the Ethereum network.
Long
by fawziearn
5