Hi dear patrons, hope you are well and welcome to the new update on the DODO token.
On daily time period chart, the price action of DODO has completed the formation of another bullish Gartley pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: $3.98 to $3.68
Sell between:$4.23 to $4.80
Stop loss:
The maximum extent of the potential reversal zone $3.68 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 30% and the loss possibility is 8%.
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 daily time period chart, the price action of DODO has completed the formation of another bullish Gartley pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: $3.98 to $3.68
Sell between:$4.23 to $4.80
Stop loss:
The maximum extent of the potential reversal zone $3.68 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 30% and the loss possibility is 8%.
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