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DODOX / TetherUS PERPETUAL CONTRACT

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DODOXUSDT.P trade ideas

DODOUSDT - BULLISH SIGNAL UPDATE!!As you all know, DODO is not performing well from last 11 Months and according to the Chart patterns, BULLISH Pattern is formed, Breakout formation is also nearly there and also indicators e.g. RSI showing bullish signal. DYOR Before taking trade, as I'm not responsible for your loss. RISK FACTORS: Market/ BTC CRASH Duration: MID TERM TRADE (2 - 6 Months) Happy Trading :) Good Luck! If you like my idea, please support: Binance Smart Chain ( BSC ): 0x69Ea86D0f6B762fC36A322b0C833D2bd04534b3d
Long
by SignalSpot
DODOUSDT BUTTERFLY PATTERNThe Butterfly Pattern is a distinct 5-point extension structure that was discovered by Bryce Gilmore and further defined by Scott Carney. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg lies at 0.786 and the PRZ consists of 3 converging harmonic levels: 1) 1.27 extension of the primary XA leg, 2) AB=CD pattern, either equivalent or 1.27 and 3) Extreme BC projection of 2.00, 2.24 or 2.618. The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. Common stop levels lie behind the next structure level after the D point or the 1.41 extension of XA. Conservative traders look for additional confirmation. These patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool to visually identify 5-point reversal structures.
Long
by UnknownUnicorn38199698
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