DODO Elliott Wave Analysis

in cryptocurrency •  2 years ago  (edited)

Looking at DODOUSDT pair on 1H timeframe we can see that its currently making a bearish triangle which is expected to breakout to the downside and reach its take profit level of $0.10.

You can short it on Binance Futures with DODOBUSD pair.
A triangle pattern consists of 5 waves, and DODO is currently making its final E wave in 3 waves, where a final small bump may occur before breaking below.

Goodluck!

cryptocurrency altcoin dodo binance elliottwave
2 years ago by

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