DODO buy/long setup (1D)A bearish tigger line has been broken and we have a bullish CH and BOS on the chart.
We have a support swap zone on the chart which is our buy/long position.
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Dodo
DODOUSDT Triple Bottom BreakoutDODOUSDT Technical analysis update
The DODO price has broken the triple bottom neckline resistance line with high volume and is trading above the 100 and 200 EMA on the daily chart. We can expect a strong bullish move.
Resistance 1: $0.225
Resistance 2: $0.325
Regards
Hexa
DODO Secondary trend. 02 09 2024Logarithm. 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.
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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
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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
DODO Main Trend 09 2024Logarithm. Price at support of horizontal long-term accumulation channel, near capitulation zone. Medium-term and long-term targets of this cycle.
📊DODO network growth over the last couple of months by more than 200%. Pay attention to this DEX.
This horizontal channel on a larger scale.
Secondary Trend Wedge and Capitulation Zone.
DODO/USDT Technical Analysis in a 3-Day TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
DODO has been in a downtrend since March 2024 and is now close to the support line at $0.0915. The price is likely to reach the lower support level, ranging between $0.0713 and $0.0915.
A rebound is likely once the price hits this support range. The RSI is forming a bullish divergence pattern, indicating a possible reversal soon.
Key levels:
- Support level/Accumulation: $0.0713 to $0.0915.
- Target: 2x-3x.
- RSI: Bullish divergence formation.
DYOR, NFA
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DODOUSDT Rectangle PatternDODOUSDT Technical analysis update
DODO's price has been trading within a rectangle pattern for the last 840 days and price has now dropped again to the box's support level. we can expect a bullish move from the current rectangle support level.
Next Target is $0.35
Stop Loss: $0.078
Regards
Hexa
DODO analysisDODO has formed a liquidity pool after the bearish CH at the bottom of the chart.
It is also placed below a resistance swap range.
We expect deeper drops from DODO.
If POI is reached, we can look for buy/long
Closing a daily candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
DODO/USDT Secondary trend. Accumulation channel 08 2023Logarithm. Time frame 3 days.
Accumulation channel 15 months. The main step of dialing according to liquidity, 80%.
Local trend—descending wedge. Pivot zone from key support/resistance levels. The percentage for orientation is shown.
This idea is a continuation of a similar idea published a year ago at the beginning of the formation of the channel of the set with the exact zone of the set with a step of 80%. DODO/USDT Local work. Volume
Very long accumulation - 1.5 years. There is a stop loss long collection under the channel support. There is a volume set. Which will be distributed at cycle change.
Linear chart with no market noise.
Main trend
The main trend of this cryptocurrency can be traced in this idea published 1 year ago. Time frame 1 week.
DODO/USDT Major trend. Downward channel.
DODODODO which makes DeFi liquidity more accessible, uses its own proactive market-maker algorithm to offer better liquidity and price stability instead of automated market makers, which many other DEXs use. Anyway, DODO has been in a downtrend for a while. However, recently the price has broken the downtrend line upward and then retracted to make another minor downtrend line; DODO broke that too and then made a sharp upward wave. It seems DODO is signaling a reversal. Let's see what happens.
Dodox/usdt update DODOX/USDT buyers have been consistently pushing the price up from a crucial support level, indicating a potential breakout in the near future. If this breakout is successful, we could witness a significant bullish rally on the horizon. It is advisable to keep a close watch on this price movement as I am overall optimistic about the market direction.
However, it is vital to note that this is not financial advice. It is recommended to perform your own research (DYOR) before making any investment decisions. Stay informed and monitor the charts closely to spot any key developments that may affect the price action. Remember, the cryptocurrency market can be highly volatile, so always trade responsibly and with caution."
🔥DODO Is The Most Promising Lowcap on Binance❗️ Check it❗️DODO is consolidating above channel bottom. The closest targets are channel top, local highs and $0.65 key level.
💥will DODO update ATH? 100x is not something special at a bull market for an altcoin with a FWB:48M cap. But we need to take a closer look on Binance at all. The exhange is under regulator presure and DODO is a part of it's ecosystem.
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Will there be a correction, or is the growth not over yet?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
I decided to take a small short position on BTC by 20% of the deposit.
Technical: The price received a good rebound from the countertrend line, and there are thoughts that we may see a transition from this rebound. Therefore, I will act with a grid of orders with a higher order.
Deal plan:
▪️Entrance - $44,230/44,555/44,950
▪️Stop - $46,520
▪️Take - I will update.
I enter with the first order for 10% of the deposit, leaving 10% for additional additions. A slight correction has already begun on the ETH chart - perhaps this will be the direction vector for BTC. P.S: I could be wrong)
Bitcoin - Will the price continue to fall?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Thoughts on the BTC chart
Let's start in order: technical: it is clear that with this decline of 3500 points, the “bulls” are clearly trying to mark their zone. The last two “lows” are in the $40,200 zone, which indicates the interest of a major player in BTC. But there is a feeling that the bears will show their strength, and we will see continued pressure towards stronger support zones, for example, $37,800-$37,100. Last time my intuition was right and we saw a decline (post above about BTC). Let's see how it goes this time.
For now I'm sticking to this plan:
If the buyer shows strength and begins to raise the price again towards the local high of $44.766, I will consider a short position around this zone. If we see continued pressure from the seller, then I will expect the BTC buyout price in the zone of $37,800-$37,100. At the moment I don’t want to gain a position in this middle; I think there are increased risks here.
I closed some alts (I wrote about this above), and left only a few projects:
▪️DYDX +4% (5X)
▪️DOGE +42% (10X)
▪️BNB +12% (10X)
▪️WAX -1.7% (3X)
For now, I remain in the market this way, and if we see a correction, perhaps I will consider other projects to replenish my portfolio. Good luck to everyone and respect the risks
Dydx - unexpected correction or growth?!Hello, trader! Today I have a new idea for you. Put like and subscribe to the channel, there is a lot of useful information.
dydx - a deal in which there are risks!
Friends, I present to your attention the local Dydx chart with a pronounced trend line!
Technical: the price received a rebound from the trend line in the zone $ 2.850 and perhaps here we will see the continuation of the movement in the direction of $ 3.5-4.
But❗️ Personal
At the moment, the fanding is now in a strong -horsepower plus and perhaps we will see the discharge of excess cargo in the form of Squeezy) about $ 2.5 from the current -18%. So consider your risks in advance!
The plan for a deal - 15% of the deposit:
Entrance - 3.1/2.8/2.5 $
Stop - 2.35 $
Take - I will update.
Guys, the deal in the truth looks dangerous, so I decided to distribute the order in such a way as not to feel discomfort in the position, the stop is calculated taking into account the input of all limits!