Well we did one more tiny low but might have started now what appears an wyckhoff spring where downtrend might get surpassed.
intermediate 0.618-0.886 might be areas of reversal, above 0.886 next target will be 1.272 intermediate and major (nice confluence).
Price now should retrace before taking local 4.236
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Hello Traders,
Binance Futures Will Launch USDⓈ-M DODO Perpetual Contract With Up to 20x Leverage.
The same story, same shitshow. Negative funding, so, don't try to short it early.
Please hit the boost button and follow me for more ideas.
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Dodo is uptrend for 6 days.
If you zoom out and look 3D chart, you can see it is rising from 4-5th of August and it made 61% in 2 weeks.
But right now it's bear market, BTC just drops to 28k.
It looks like a pump and dump, just bigger.
0.15 USD is a pszicho-level, it's a round number. And we have the big spike to .18 in smaller CEXes to 0.20 in futures...
Seems Like Long downtrend Getting Closer Towards Reversal Formed & trying To clear falling Wedge In 3 days Incase Of Successful breakout expecting Move towards 0.60$ Keep Eyes On For breakout Don,t trade without breakout
Local trend. Reversal zone. Time frame 1 day. Logarithm.
Coinmarketcap: DODO
Pay attention to the early redeemed large amount of the coin, before this accumulation.
Line graph of the given zone.
From the resistance of the distribution zone, the price decreased by - 98%
Main trend.
DODO/USDT Main trend. Descending channel
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the DODO symbol.
We are in the E branch of the large diametric drop.
The time frame is big and time consuming.
Symbols that have such a situation are clearly not well founded
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some...
BYBIT:DODOUSDT.P
Hey guys I'm excited to show you my trades on these coins on a daily basis so to start it off today I'm looking to just simply follow the trend on the 15M timeframe on DODOUSDT I will be getting more into the day trading side of things instead of the swing trading side so I can be more active on here with everyone so sit tight and let me show...
In my opinion, #DODO is going to run it back, Hard. - once Bitcoin #BTC settles or allows alts a breather.
As always, stay safe, and DYOR.
BINANCE:DODOUSDT
as you can see dodo has rising so fast today and make Ascending Broadening Wedge , which one can make more Bearish on this
and you can see too the RSI on Overbought !
this is just my opinion , it will be dump until the yellow line or maybe can break under the yellow line
Like many others this didnt move any lower and finally broke the triangle to the upside immediately blasting 0.236 in a single candle typical for a w3.
Given this info, next targets are 0.382 and once claimed 0.618-0.886 / 8.236 kind of confluence.
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Hold my beer...
DODOUSDT has recently experienced a massive breakout from a falling wedge pattern.
The falling wedge is a technical chart pattern that occurs when the price of an asset is in a downtrend and begins to consolidate within a narrowing range, forming a wedge shape. This pattern typically signals that a bullish reversal is imminent, as the price is likely to break...
