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Chibuike_Odoh
Feb 20, 2021 6:08 PM

DODOUSDT (DODO) - UPTREND CONTINUATION  Long

DODO / TetherUSBinance

Description

ANALYSIS 🔎
- DOGEUSDT brokeout and hit an ATH.
- The market then experienced retracement for a retest of the flip horizontal support, 0.618 fibonacci retracement level and ascending trendline support
- The retracement was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- There's an uptrend continuation possibility.

BUY ENTRY ⬆️
- Market price.

TARGETS 🎯
- Horizontal resistance level (R1).
- ATH resistance.
- Fibonacci extension levels.

SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support.
Comments
tradeboyking
this analize still valied?
Chibuike_Odoh
ZAIN300
and time frame?
Chibuike_Odoh
@ZAIN300 I don't have any specific timeframe, my setup determines my timeframe
ZAIN300
which indicators do you use?
Chibuike_Odoh
@ZAIN300 8 don't use indicators, I'm a price action trader
ZAIN300
@Chibuike_Odoh, can you give me next signals in usdt pairbecause i already loss my 250$.
Chibuike_Odoh
@Chibuike_Odoh *i don't use indicators
ZAIN300
hi
Chibuike_Odoh
@ZAIN300 hello
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