Keep eyes on DODO/USDT a breakout must happen in the newt upcoming hours and it might continue its bullish trend for the next couple of days!
$DODO A breakout To Watch! (4H)
Best Regards, iSmashProfit™
$DODO rejected from descending resistance line and dropped below ascending support line.
there is a support zone around $1, that double top pattern also give us this target for down trend.
wait for rejection from support area and break out from descending resistance, then buy.
set your take profit targets below the resistance zone and lines...
DODO have a very good project. In addition to good fundamental news, it has good shopping conditions. DODO is currently in the 4-hour time frame under MA200 and MA50 . It has an attractive chart to buy!
DODO has already formed two valleys. And the possibility of further correction is not far from the mind.
do not forget. Buy when the market is red and sell when it...
🔵The blue line is the entry price (enter a little late)
🟢the green line is the target (do not forget to collect profit)
🔴The red line is the loss limit (do not forget capital management)
⚫️The black line is the probable path (it may not be)
$DODO broke out from descending resistance line days ago, now it is trading above broken resistance and ascending support line.
it will go up to touch the resistance zone around $3.
if bulls success to break this zone and close a daily candle above it , price will continue its upward move to $4.4.
triangle or parallel channel target is around $7.5.
Currently as per my TA. DODO is trading in an accumulation range.
I will keep monitoring it and will enter only after a 2 week candles closure above the resistance (purple line) for a confirmation
with $2.0 as my SL
my targets are as follow:
what do you think of this price action trade?
Update on daily chart
*Famous Node Wedge break out
*STL broken downwards, we could back test support @ 1.070 and bounce right off the wedge and hit 1.58 area (bottom of the symm triangle)
*Oct 3, 2021 could be an area for recovery
Failure in the downtrend is also the failure of resistance as a result of the flight.
ENTRY 1.990 2.0
TARGETS 2.200 2.400 2.580 2.791 3.000 3.221
Telgram Channel VIP : @ChannelSignalDaily
I still need one last confirmation closing above purple line, but $DODO is looking good for a trade to the lows of the weekly range. The lows are key magnetic area, so once we reach there, I want to see the price clearly reclaim the low and consolidate above. Clear close inside the range = long to mid and high range. Close above the range = long to ATH. That's...