As we understand, you liked posts of this format, so we will periodically post such content 👍
Today we have prepared for you another post with coins that were in the highest demand among subscribers from our various social networks.
It is important that you understand that we are not interested in trading in the short term, so everything stated below applies to the medium term. If you are one of those who look at charts on minute or hourly time frames, then this post is not for you, nor is investing in general.
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🥇 1. $DODO
The coin has been trading sideways for almost 2 years around its bottom.
The coin shows a clear rounding of the price dynamics and sooner or later there will be a very strong upward impulse.
A Bullish Wedge pattern has been formed locally.
Volumes have been high in recent months.
Below there is strong support in the form of long-term moving averages and the profile volume level.
Above is emptiness up to $0.35.
This coin is a must-buy for your medium- and long-term portfolios.
The minimum growth target is $0.352 (more than +100% profit) within a couple of months, but it is better to hold it longer until the level of $0.6 (more than +400% profit).
Yes, in the short term the coin may fall, but not below $0.12 (from -20%). In any case, the coin is still trading near the bottom and the potential profit is a multiple of the potential drawdown.
🥈 2. $XVS
A living example of what will happen with the DODO coin.
3 months ago there was exactly the same pattern, which ultimately brought more than +100% profit.
See for yourself, long-term accumulation in the area of the day for 539 days + trend rounding.
But the coin has only achieved the minimum growth target so far.
From current levels, the coin can easily give up to +77-167% and even +230% profit.
Yes, the coin was unable to break through the key resistance level of $13.3, but the price has already collected long-term liquidity and the indicator on the weekly timeframe has cooled from the zone of strong overbought.
Ideally, buy a coin around $9 or $7.6, but the price may not give such a rollback.
Therefore, you can take the current ones, but it is important to be psychologically prepared for a drawdown of -15-27%.
In any case, the potential profit is again a multiple of the potential drawdown.
🥉 3. $AAVE
The situation with this coin is more interesting than the previous two.
The coin of course also traded for over 490 days near the bottom, but instead of trading in a sideways range, the coin formed a massive bullish Triangle pattern.
The most important thing is that the coin successfully broke through this pattern upward 4 months ago, but the price was unable to gain a foothold above the key resistance level of $93 and went into a growth correction in order to gain strength for a future breakout of this level.
The coin has already cooled down the overbought indicators very well, and below there is a very strong support block in the form of long-term moving averages and profile volume.
But above the level of $93 there is nothing up to $160, which from the current level will give more than +100% profit.
At current prices this is a minimum growth target, but we are confident that the price will reach $279 (+200%) in the medium term.
We personally don’t expect the coin to go much lower than $79, if the price even gets there. Considering that the potential drawdown is a measly -10-15%, you need to actively buy the coin.
❗️ All these coins in half a year will already cost many times more and you won’t see such marks in the worst case for the next 2 years.
Therefore, answer yourself the question, what is better: to engage in nonsense in the form of short-term trading for the sake of a penny profit or to trade in the medium term for the sake of high profitability?
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