DODO | Activity, Price Action, MACD & RSI (Basics + 1800% Pot.)

20 Sep

This is a signal that we are seeing very often now; After a strong down wave, we have a flat bottom, which simply means a support level being established. Trading volume starts to rise on the bulls side and we experience short-term lower highs.

This is the transition from a bearish wave to a bullish wave. This is what we are seeing in this DODOUSDT chart.

We can expect growth to happen next based on these signals.

We are focusing on these but there is always more, so much more.
Let me give you some examples.

➖ If you open the daily RSI for DODOUSDT, you would see a very strong bullish reading. When the RSI is strong while a pair is trading near support, at low prices, this signals that the trend is about to change.

➖ If you open the MACD on the daily timeframe for DODOUSDT, you can see it either trending up strong or already within the bullish zone. These signal combined with the flat bottom and rising volume can build a strong case to support a bullish bias.

Thank you for reading.

Namaste.