DODO - buy when there is fear in the market!A trend line has been formed on the DODO chart. The price has already tested this trendline four times, which is currently acting as resistance. But it should be noted that the more times the price tests the level, the weaker the resistance and the better the chance of a breakout.
A breakout of the trend line could be a good buying opportunity.
It is important to note that this is just pure analysis on the technical analysis side, we personally recommend trading in the medium term and allocating no more than 20% of your total capital for altcoin trading.
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Dodo
Double your money with DODO!DODOUSDT forms a clean wedge with a high breakout target! The target is more than 100 percent and its around 3 dollars! DODO is a nice platform, I like to use myself. If Bitcoin gets some momentum, I could imagine seeing DODO going to 5 bucks or more!
hope you learned something about the markets!
DODOhey traders, there is dodo, we waited it for a long time so, we need a close above the blue line for 1D bar to get the green lines (short term's targets)
the yellow lines (long term's targets) and the stop loss is a close under the red line for 1D bar
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trade carefully guys and don't forget the risk management.
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dodosudtperp long binance entry price at 1.644-1.650
first target at 1.775
second target at 1.838
stoploss at 1.624
when the first target is reached move the stoploss to the entry price .
DODOUSDT Technical Analysis⏳ Spot
💎 DODOUSDT has broken above the resistance line and also the triangle. The price might go for a Pullback and as we see it is back for a retest. After all it will continue the bullish move
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💵 Invest Only 5% of your Portfolio
🎳 Entry Now or at 1.661 to 1.790
☕️ TP1 1.888
🍺 TP2 2.092
🍻 TP3 2.392
🍾 TP42.705
🍷 TP5 3.000
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 1.661 to 1.559
Good Luck 🎲
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DODOUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
The price was able to break the resistance line upwards. If it would be fixed above the line, it can reach for higher targets.
As long as it is above the support line, we can predict the rise.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
DODOUSDT about to break higher? Watching current key level.That area just above 1.70 presents a confluence of resistance that makes it a significant and key breakout level.
One can wait for a breakout and re-test setup to maximize RR to one's favor.
I'm personally actively looking to enter a smaller position to maybe front run the breakout which is looking quite imminent.
My 4HR levels:
DODO - small coin, big opportunity🚀🔥DODO has been in accumulation for almost two months now. Usually, after such long accumulations, there is a strong impulse growth. Also worth noting on the chart is the trend line, the price is getting closer and closer to it. If the price breaks this trend line, the next target will be $2.3 and $3.2.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
DODO trading planWatching 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, with the best price marked in the 1.33 range. Chart is not as clean as 1INCH but showing similar characteristics, waiting for a break above the key level marked to potentially add to my position on this, if I don't catch a buy at 1.33 price trend. Would want to see a strong 4H close through that zone marked
Still remains below a number of key levels, but DODO is one coin I am watching for significant growth, with an ATH way up in the clouds still at $10. If market remains strong I suspect it will hold support on the 20MA with some wicking below, which might give some ideas for entry within the zones marked. Other indicators for me of an entry would be the RSI resetting on the 50 and trend as marked, and when the EMAs kiss on the MACD. These points should give me optimal entries with tight stop loss.
Indicators look healthy, OBV is healthy, bullish and currently at an ATH on Binance Daily - having jumped well above key level with the push up starting OCT 12. expecting big things
Possible Profit targets marked below. I am holding out hopeful for the 10 if this bull run runs!
#DODO DAILY CHART TECHNICAL ANALYSIS#DODO DAILY CHART TECHNICAL ANALYSIS
Given the channels and trend lines drawn, the price seems to be breaking the orange trend line.
Accordingly, it is expected that if the orange trend line is validly broken, one of the following will continue.
TARGET1: 2.2$
TARGET2: 3.2$
TARGET3: 5.2$
STOP LOSS: 0.99
ENTRY: 1.62- 1.3 STEP BY STEP
TIME: 3-8w