DODO formed huge bullish butterfly for upto 1408% big pump
Hey dear patrons, hope you are well, and welcome to the new update on DODO token.
On a weekly time frame chart, DODO has formed a big bullish Butterfly pattern. The potential reversal zone goes to the negative zone and it is impossible for priceline to enter the negative zone, there is strong support at $0.12, therefore, we can buy and sell as below:
Buy between:
Buy between: $0.3122 to $0.1200
Sell between: $0.7521 to $1.81
Stop loss:
Below $0.12 support.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 1408%, and the loss possibility is 30%, as per the current price.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
On a weekly time frame chart, DODO has formed a big bullish Butterfly pattern. The potential reversal zone goes to the negative zone and it is impossible for priceline to enter the negative zone, there is strong support at $0.12, therefore, we can buy and sell as below:
Buy between:
Buy between: $0.3122 to $0.1200
Sell between: $0.7521 to $1.81
Stop loss:
Below $0.12 support.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 1408%, and the loss possibility is 30%, as per the current price.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade