DODO/USDT Breakout from a PG on a daily basis

DODO is in an intact downtrend on the major time units. However, the last few days have given some hope for bullish times again. Perhaps it is only a short rally on the upside and the bears conquer the market again. So it is a difficult situation for long-term entries, because first the current trend must be broken.

The PG on a daily basis was built after the low at 2.44$ formed. Now the PG has already broken out some time ago and starts the way to the first targets on the upside.

The intermediate high at $5.67 would then be the next target and this level is very important. The downtrend is broken here and enables additional buyers. The old highs at 8.94$ are then again a topic but for this we probably need additional new PGs.

Source: (Guidants/Godmode Trader) & JFD Broker & Binance

Discord Channel: https://discord.gg/j5A3CUq

Legal Disclaimer:

I am not a financial advisor nor is any content in this article presented
as financial advice. Never invest more
than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

Posted Using LeoFinance ^Beta

☁️DODO/USDT are the good times coming now?⛅

DODO/USDT Breakout from a PG on a daily basis

The PG on a daily basis was built after the low at 2.44$ formed. Now the PG has already broken out some time ago and starts the way to the first targets on the upside.

The intermediate high at $5.67 would then be the next target and this level is very important. The downtrend is broken here and enables additional buyers. The old highs at 8.94$ are then again a topic but for this we probably need additional new PGs.