DODO has been trading inside this channel for a couple of months now. The last two break outs from said channel were, in retrospect, fake outs caused by Bitcoin's increased volatility.
Currently, DODO is seeing strong bullish price action. Seeing the state of the market, it's to be expected that this will keep going for a couple of days.
First target would be the channel resistance. In case that breaks we might even shoot towards the current ATH.
Happy trading!
Currently, DODO is seeing strong bullish price action. Seeing the state of the market, it's to be expected that this will keep going for a couple of days.
First target would be the channel resistance. In case that breaks we might even shoot towards the current ATH.
Happy trading!
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