LDOUSDT.P on Bybit - Short in to a Long"Engaging in a SHORT that transitions into a LONG position. Short levels sit at 1.9450 with a stop loss at 1.9760, influenced by PoC of the range 2.04 - 1.80$, the 0.618 Fibonacci retracement level, daily and 2.618 fib retracement. Remember to take profit during the dip. As we approach the daily level of 1.7325, we could potentially see a reaction on both the NPOC at 1.7325 and the weekly at 1.7110. I'm keen to see an SFP of the 19/06/2023, 12:00 NY time lows."
Why we are using Bybit pairs?
We prefer to use Bybit charts over those from Binance or other exchanges, as in our experience, divergences are consistently respected in Bybit's platform.