LDOUSD Be ready to buy the pull back or the break outLido DAO / LDOUSD is inside a short term Channel Down pattern that is within a larger Channel Up.
The price is now near the top of the Channel Down. As long as it stays under it, short and wait for a lower bottom but at 1.5000.
If it crosses above the Channel Down and closes a 1day candle, buy the break out.
In both cases, target 3.5000.
In 1day RSI terms the two bearish waves are identical and this implies that there is one last Low left to make.
Previous chart:
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Ldousdtrading
LDO Buy Trade.Another Good entry with Very Small Stoploss LDO.
NOT A FINACIAL ADVICE!!
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LDOUSD Targeting at least $10.00 on this flipped fractalLDOUSD/ LIDO DAO is on a 1 month Channel Up while the 1day RSI is immitating the Channel Down of July/ Aug. This can therefore be a flipped sequence of that fractal and when drawing it on the current Channel Up, it matches the price action surprisingly well.
A repeat of the +616.30% rise prior to July's top matches almost to perfection the top as indicated by the flipped fractal, giving a price range of $14.00 - 14.50. A Fibonacci 2.0 extension gives a price projection at $10.65.
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