Hi dear members , hope you are well and welcome to the new trade setup of Lido DAO ( LDO ) with US Dollar pair.
3 days ago on 12th Jan 2023, I shared a trade setup for LDO, the priceline pumped more than 19% but so far, it could not hit the sell target zone, this move is still due, and this trade setup is still in play:
In the meanwhile LDO has formed another bullish Cypher pattern on 2hr time frame chart. Therefore, I would suggest you to follow these targets, because the above idea can drag more.
Buy between: $2.148 to $2.062
Sell between: $2.269 to $2.398
Stop loss: Below $2.062
Possible profit ratio: As per above targets there is a profit possibility of upto 16% and a loss possibility is upto 4.50%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade