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
DODOUSDT trade ideas
DODO | Activity, Price Action, MACD & RSI (Basics + 1800% Pot.) This is a signal that we are seeing very often now; After a strong down wave, we have a flat bottom, which simply means a support level being established. Trading volume starts to rise on the bulls side and we experience short-term lower highs.
This is the transition from a bearish wave to a bullish wave. This is what we are seeing in this DODOUSDT chart.
We can expect growth to happen next based on these signals.
We are focusing on these but there is always more, so much more.
Let me give you some examples.
➖ If you open the daily RSI for DODOUSDT, you would see a very strong bullish reading. When the RSI is strong while a pair is trading near support, at low prices, this signals that the trend is about to change.
➖ If you open the MACD on the daily timeframe for DODOUSDT, you can see it either trending up strong or already within the bullish zone. These signal combined with the flat bottom and rising volume can build a strong case to support a bullish bias.
Thank you for reading.
Namaste.
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.
For the past seven years, I’ve been sharing insightful charts and analysis.
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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.
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."
Dodox Sailing the Crypto Seas: A Strong Buy Signal Beckons!
DODOX Coin: Fundamentals, Recent News, and Disclaimer
Fundamentals
DODO Ecosystem: DODOX is likely a derivative token associated with the DODO ecosystem, known for its permissionless liquidity provisioning solutions. You can find more information about DODO on their website:
Limited Information: There's scarce publicly available information specifically about DODOX.
Recent News
Trading Activity: DODOX appears to have some trading activity, with data available on platforms like Binance Futures.
Disclaimer
Investment Risk: Cryptocurrency is a highly volatile and speculative market. Investing in DODOX or any other crypto involves significant risk of loss.
Do Your Research: Before making any investment decisions, it's crucial to conduct your own research and due diligence. This response shouldn't be taken as financial advice.
Additional Notes
It's unclear whether DODOX is an official token within the DODO ecosystem or an independent project.
The lack of information makes it difficult to assess DODOX's potential or legitimacy.
Recommendation
Proceed with caution if considering DODOX. Due to the limited information available, it's wise to thoroughly research the project before making any investment decisions.
DODO/USDT📈SIGNAL
COIN : BINANCE:DODOUSDT
CEX. : #BINANCE - SPOT
➖
ENTRY : 0.1820
➖
TARGETS :
T1 : 0.1931
T2 : 0.2123
T3 : 0.2311
T4 : 0.2614
➖
STOP : 0.1708
➖
⚠️WARNING:
• I'm not a financial advisor.
• Do your own research (DYOR).
• And Don't forget risk management.
➖
💡For investors:
1- Enter the trade with 10% to 20% of your capital to reduce risk and save cash to enter other opportunities.
2- Sell (25% to 50%) on (T1) and don't move your stop-loss.
3- Sell 50% on (T2) and move your stop loss to the entry point.
4- You are safe now, and the next 25% is up to you.
5- Stop is activated. When one candle closes below the stop level of the same time frame of the signal.
➖
💡For intraday scalping:
1- Enter the trade with 10% to 20% of your capital to reduce risk and save cash to enter other opportunities.
2- You can close the trade at the first target.
3- Stop loss is direct without waiting for the candle to close.
➖
💡Reason for this trade:
BINANCE:DODOUSDT gives my trading system a sign of strength:
1. My trading system is based on liquidity and reversal zones.
2. When the liquidity is swept from one side under certain conditions, we will wait for the price on the other side.
The liquidity will attract the price like a magnet.
➖
• the first side that has been swept:
A- FVG swing liquidity
B- reclaim mid range
➖
• Opposite side targets:
A- Previous monthly high
B- liqudity void
C- Previous quarterly high
D- clean range high
➖
💡Entry setup
A- FVG + liqudity sweep
DODO/USDT | 1W 👀Overall, the coin is at the bottom, much like the majority of the market.
Given the current market rebound, the coin has the potential to exhibit very favorable gains since it is within the accumulation zone of major players.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of DODO. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Investment #DODO
$MOVR $MEME $TIA $JUP $DODOX Analysis potential LongsSEED_DONKEYDAN_MARKET_CAP:MOVR AMEX:MEME LSE:TIA LSE:JUP $DODOX Analysis potential Longs , watch for all the important levels and do your due diligence before getting into leveraged positions. This analysis is supposed to give you all the details of token PA in one go , so do support me by boosting my idea and follow me so that i can making more of such analysis video.