DODO analysis

23 giu 2024

DODO 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.

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Thanks

8 lug 2024

Nota

Since it was analyzed, it dropped more than 37% and when it hit the demand range, it was pumped more than 18%.