DODO (Binance: DODOUSDT) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, DODO began a red wave one advance on February 19. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 20 and the red wave two (blue sub-waves a-b-c) correction ended on February 20. If this wave count is correct, DODO should be heading next towards the February 20 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
DODO is an on-chain decentralized exchange/liquidity provider for everyone, powered by the Proactive Market Making (PMM) algorithm. UP NEXT CRYPTO covered the project two weeks ago.
(Sources: https://dodoex.io/)How Will DODO Trade?
DODO (Binance: DODOUSDT) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
DODO will takeout the February 20 peak
DODO will drop below the February 19 low
DODO will stay in a trading range between the February 19 low and the February 20 peak until March 30
