Start accumulating Dodo here for next impulse move towards upside.
All dexes have almost retraced 70-80% after launch and slowly regained there ATH back, same will be expected for Dodo also
DODO coin traded at $4.0 with a neutral movement of 0.70% in the last 24-hour. However, DODO is negative, with -5.98% loss on the weekly time-frame. In contrast, the market capitalization stands at $39 million. Technically, investors can perceive a negative crossover in SMA. Moreover, DODO is also facing attacks on their exchange. In future trading sessions, the...
See a potential run for this coin over coming weeks/months if resistance broken and support is held. Indicators not much use in so early stages of the coin on this time frame. If res is broken definitely has potential for 100-400% gains. Take partials along the way. Always trade with an appropriate risk management strategy. Happy trading! NGS
We want to get either long or short after a break and retest of this price range. The current market favors a break to the upside slightly but the downside is also very much a possibility. Either way, it is likely to come back and retest which is the only place we are interested in taking a trade.
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Was expecting a breakout to the upside and the 1h chart.
Things went to the downside quickly, EMA sudden downturn
Expect now to see a fall to the 1h reserve.
Harmonic Pattern being played out here,
However the long term is bearish because it's a bearish pattern. Short term pump if BTC pumps. Potential of 2x profit, but careful after that.
Please read price levels on chart to make decisions and see time frames
Recently posted a similar chart for CAKE - DODO is much the same in both TA and FA terms at the moment.
DODO has been printing lower lows since its Binance listing and has now formed a reversal pattern with higher lows beginning to emerge. Looking at various charts similar patterns can be seen as a launch pad for much greater gains. MACD on the 4 hourly is...
DODO usdt - expect a retest and break of resistance - Expect to see $4.80
Everytime there is a pullback on DODO we see a strong rise.
The current 1h timeframe shows this.
Good strong trendline.
If it breaks resistance we'll see $4.80 - perhaps even a $5 DODO again.
