DODO Elliott Wave Analysis

in #cryptocurrency3 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!