DODOUSDT trade ideas
DODOUSDT Resistance Breakout!DODOUSDT Technical analysis Update
DODO/USDT currently trading at $1.45
Resistance Zone breakout
Buy level : $1.40 -$1.45
Stop loss: $1.24
TP1: $1.65
TP2: $1.85
TP3: $2.00
TP4: $2.30
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.
DODOits so clear , clearer than the sky and water, channel down, 5 waves , number 6 breaks the channel and starts a trend up...
DODOUSDT is testing an important daily resistance DODOUSDT is testing an important daily resistance, The price is creating an ascending channel. IF the price is going to have a breakout and retest the previous resistance as new support, 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 structure -> 4h structure.
⚫️ Black structure -> <4h structure.
For long investment DODOFor long investment DODO it breakout the trend line and conformation the break line
I expect an increase to $ 1.7In the daily chart, we see the formation of a W (double botton) pattern, the target of which is the length of the valley, and according to Fibonacci, if it can break the resistance in the range of 1.2 to 1.3 to 1.618 Fibonacci in the range of $ 1.7 I expect progress and I am on this bullish currency when it does not break the yellow trend line. RRR This currency in my opinion is now 2.78 which is relatively suitable for buying. If I am not able to break the resistance ahead, I expect it to fall to the Kijonsen Felt line range in the range of 1.040.
DODO, Time for break overhead resistance or to bounce back down?Dodo closing 50 days long resistance trend line, already bounced down few times. Is it time to bounce back again or to smash it? We could see nice action in both cases... Set alarms and wait...
DODO_Keep and eye on this one1D TA.
Seems like DODO is breaking the resistance. Already have double bottom and breaking it's resistance trend line.
MACD is bullish as well.
Not a financial advise.
Keep an eye on this one.
DODOUSDTDodo/usdt daily time
can see double bottom pattern and break downtrend line
after break neckline(1.30-1.33) can open LONG position
№00002, DODOUSDT* Entry buy order =1.050
* Stoploss = 4H candle closing under 0.911
* Moving take profit order = will be updated
Long DODOThe RSI is about to reach to previous support at 40, based on trendlines and elliot wave seems like the wave 4 has retraced enough to fib 0.5 - 0.618 and is ready to go higer.
Scenario 2 of dodo Make sure dodo vol for up trend be high and if it didn't break the resistance trend sell
Vol most be half or higher than half of the past uptrend vol
$DODO #DODO_USDT Price action is setting up for a tradable environment !
Currently at crucial resistance which we need to break and we can look for long on the flip which also confluences with the KEY TL ! This looks like an amazing buy opportunity for the targets mentioned !
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DODOUSDT Waiting for the channel breakout 🦐DODOUSDT Waiting for the channel breakout, after the price bounced on the daily support. IF the price will have a breakout from the channel and daily resistance, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
