DODOUSDT.P trade ideas
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 :-)
🔥 DODO Channel ContinuedDODO has been trading inside this channel for a couple of months now. The last two break outs from said channel were, in retrospect, fake outs caused by Bitcoin's increased volatility.
Currently, DODO is seeing strong bullish price action. Seeing the state of the market, it's to be expected that this will keep going for a couple of days.
First target would be the channel resistance. In case that breaks we might even shoot towards the current ATH.
Happy trading!
DODOUSDT Look BullishDODOUSDT (1H CHART) Technical Analysis Update
Falling Wedge Breakout
DODO/USDT currently trading at $3.15
Buy-level: $3.00 - $3.20
Stop loss: Below $2.41
Target 1: $3.70
Target 2: $4.00
Target 3: $4.45
Target 4: $5.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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🆓DODO/USDT Analysis (24/4) #DODO $DODODODO is heading to the 3.5$ zone, which is very strong that could push DODO down to 2.5$ zone again or even 2$ zone
DODO is a potential coin which targets at 5$ and 6$ in May
📈BUY
-Buy: 2.4-2.6$. SL B
-Buy: 2.9-3.1$ if A. SL B
-Buy: 3.5-3.7$ if A. SL B
📉SELL
-Sell: 3.5-3.7$. SL A
-Sell: 4.9-5.1$. SL A
-Sell: 5.9-6.1$. SL A
♻️BACK-UP
-Buy: 1.9-2.1$ if A. SL B
❓Details
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"