🔥 DODO Potential Horizontal Channal Rebound

٧ أبريل ٢٠٢١

DODO has been trading in this horizontal channel for around six weeks now. With the most recent BTC sell-off happening at this moment, I'd see DODO fall a bit further towards the $3.30 area, a strong area of support.

This trade is based on the idea that the current channel will hold and the price will rebound again, as indicated on the chart.

Happy trading!