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...
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
🔵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 has been retesting previous HH of the price. SL needs to be lower than low of daily candle. There is a high reward is about 1:6, it is worth a shot. When price moves in our favor to 1:1, I will move SL to entry level.
Dodo is forming a W pattern from its support line. As I mentioned in the previous analysis, it was supported at $ 1,712 and came back. The price targets and resistance ahead are plotted on the chart.
In this area where the price is located, a very good opportunity has been created for the buying position, the Stop loss and capital management should be observed ... let's go for long , what do you think ??
Dodo is a small coin, capitalized at just $170m and ranked 190th on the coinmarketcap.
A small coin, big risks but big opportunities.
On the chart, the price broke the global trend line.
Tested as support and already headed higher.
From the high, the coin has corrected by 90%, which is a lot.
Above are the marked areas where the price could come.
DODOUSDT Technical analysis Update
DODO/USDT currently trading at $1.45
Resistance Zone breakout
Buy level : $1.40 -$1.45
Stop loss: $1.24
Max Leverage 2x
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.
Dodo Trading Plan - 3 wick rejection on support - Here we go!
Bullish momentum here we come!
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