Recently posted a similar chart for CAKE - DODO is much the same in both TA and FA terms at the moment.
DODO has been printing lower lows since its Binance listing and has now formed a reversal pattern with higher lows beginning to emerge. Looking at various charts similar patterns can be seen as a launch pad for much greater gains. MACD on the 4 hourly is crossed over in an upward swing as are the 20 and 50 day MA's are about to cross upwards showing momentum is shifting to the upside.
DODO is a decentralized exchange hosted on the Binance Smart Chain and is part of the new wave of decentralised exchanges currently sweeping the crypto space - thought to have the potential to rival Ethereum in the near future. As such the new smart chain tokens appearing on Binance are looking to be seriously hot stuff.
Yet to moon after its recent listing in a market that is producing gains into several thousand percent's and upwards, DODO has immense upside potential as one of the first comers in this market, maybe not so extinct after all....
DODO has been printing lower lows since its Binance listing and has now formed a reversal pattern with higher lows beginning to emerge. Looking at various charts similar patterns can be seen as a launch pad for much greater gains. MACD on the 4 hourly is crossed over in an upward swing as are the 20 and 50 day MA's are about to cross upwards showing momentum is shifting to the upside.
DODO is a decentralized exchange hosted on the Binance Smart Chain and is part of the new wave of decentralised exchanges currently sweeping the crypto space - thought to have the potential to rival Ethereum in the near future. As such the new smart chain tokens appearing on Binance are looking to be seriously hot stuff.
Yet to moon after its recent listing in a market that is producing gains into several thousand percent's and upwards, DODO has immense upside potential as one of the first comers in this market, maybe not so extinct after all....