DODO/USDT-1D-BINANCE (Bullish Butterfly)This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
DODOUSDT trade ideas
DODO Good upside potential.#DODO
I welcome everyone!
DODO Good growth potential.
As we show on the chart that the trend line is staying, this is a very bullish signal for growth.
You just need to wait for consolidation)
As the chart tells us, after this there is a continuation of growth.
So I advise you to pay attention to this coin.
DODO below middle line of parallel channel#DODO/USDT
$DODO broke out descending resistance line, and head up toward resistance zone that is the same with middle line of weekly parallel channel.
🐮 if success to break out the middle line it will increase more to touch upper line of channel around resistance zone at $0.97 and $1.1.
and break out this channel will increase price to next channel.
🐻 and if price reject from middle line, we will see more drop to support of $0.45 and maybe lower around $0.2 before starting its rally.
DODO way oversoldWith a market cap around 60M USD, and how great of a project this is (also recently selected by NEAR - #23 crypto per mcap as of right now - as its DEX), the upside is just crazy. Seriously, I suggest you take an hour of your time to go through the documentation.
I figured tokenomics have been deflating its price, but if you can wait for a year or so for some big investments into the project, it may give us at least a 10x from here. Maybe not, but it's hard to see it not going up by 100% in a relatively short span, which is great in its own right.
This is not financial advice, just my thoughts, please DYOR.
DODOUSDT breakout confirmedBreakout confirmed
BuyZones:
1.4 1.45 (As per new Price action)
Take Profits:
1.88 2 2.73 3.19 8.5
StopLoss:
1.2
Legend:
🔴 Pink Structure -> Monthly Structure.
🟣 Purple Structure -> Week Structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4H structure.
⚪ Grey structure -> 1H structure.