Watching the Defi space for growth. DODO has shown strength pushing above MAs and key levels. Has been rejected at trend and is currently resetting in a very likely space to accumulate, which I mark out as between 1.5-1.4. Still possible to see a deeper pull back to the price trend is there is a market pull back, but this would be seen as a buy opportunity for me,...
DODOUSDT is creating a triangle, between daily structures. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow...
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)
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Best Regards, iSmashProfit™
#DODOUSDT
$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.
and...
This coinbase backed coin is ready to have it's turn. With HH and HL set, an entry at this consolidation has a high risk to reward ratio.
Patient bulls will enter at the break of $2.40, aggressive bulls will enter here.
Invalidated at $0.73.
as you see , dodo breakout that trend and look like retested
so you can trade or hold from now
but do not risk a lot of your money
please support the idea by pressing by the like button
#DODOUSDT
(update)
$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...
It's a coin with good potential that can reach high peaks.", it's a decentralized trading Protocol For web3 platform
that has not yet been able to start its own growth and can reach good peaks.
this coin have more potential for pump
with check uniswap and sushiswap prize can understand how much potential for...
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:
TP1: $3.026
TP2: $3.419
TP3: $3.763
TP4: $4.13
what do you think of this price action trade?
