Logarithm. Time frame 3 days (less is not needed). The price is in a horizontal channel, at the support zone, near the capitulation zone and liquid zones, which can give a massive triggering of long stop loss under the channel.
A descending wedge (secondary trend) was formed by the decline from 03/13/2024. Its breakthrough is a trend break.
The chart shows two average, not maximum targets for breaking the descending wedge (secondary trend) for orientation:
🟢 1) maintaining channel support and not entering the capitulation zone.
🔴 2) entering the capitulation zone.
______________________
The previous idea (wedge and work in the accumulation channel) for this coin and a similar trading situation that was published more than a year ago before the reversal (about +200%)
DODO/USDT Secondary trend. Accumulation channel 08 2023
_____________________
The prices are currently acceptable from the standpoint of both the secondary trend and the main one.
⚠️ Due to the rather low liquidity, capitulation zones are extensive on such cryptocurrencies due to price slippage. Remember this and work wisely with the margin, and it is better to work with such cryptocurrencies only on the spot.
🟢 In the long term, this DEX will be heavily pumped up. Now they are pouring in a lot of money. The network has grown by 200% in users in a few months. This is all happening unnoticed against the background of the negative local fall of bitcoin.
Linear price chart.
Main trend. Time frame 1 week.
DODO Main trend 09 2024
A descending wedge (secondary trend) was formed by the decline from 03/13/2024. Its breakthrough is a trend break.
The chart shows two average, not maximum targets for breaking the descending wedge (secondary trend) for orientation:
🟢 1) maintaining channel support and not entering the capitulation zone.
🔴 2) entering the capitulation zone.
______________________
The previous idea (wedge and work in the accumulation channel) for this coin and a similar trading situation that was published more than a year ago before the reversal (about +200%)
DODO/USDT Secondary trend. Accumulation channel 08 2023
_____________________
The prices are currently acceptable from the standpoint of both the secondary trend and the main one.
⚠️ Due to the rather low liquidity, capitulation zones are extensive on such cryptocurrencies due to price slippage. Remember this and work wisely with the margin, and it is better to work with such cryptocurrencies only on the spot.
🟢 In the long term, this DEX will be heavily pumped up. Now they are pouring in a lot of money. The network has grown by 200% in users in a few months. This is all happening unnoticed against the background of the negative local fall of bitcoin.
Linear price chart.
Main trend. Time frame 1 week.
DODO Main trend 09 2024
Trade active
20 09 2024 Note
21 09 2024 Note
20 10 2024 Note
28 12 2024 Larger scale. The entire zone of secondary trend and accumulation (the second phase of the trend pump bowl).
Note
19 04 2025 
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Telegram. Finance + Trading: t.me/SpartaBTC_1318
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.