looking around today for things that haven't popped off yet, and i think
LDO has a chance.
Its had a nice little consolidationbelow 20 period SMA on the H4 and reclaimed it giving us a clear invalidation level to put our stop below.
for the target I've used a bit of classical charting for a bull flag pattern measuring the length of the "flag pole" and placing that at the breakout level, its all just guess as LDO is currently in price discovery, so could go a lot further, i will prob hold for while on this if i don't get stopped out
entry 2.6
stop 2.28ish
target 3.5ish
follow me on the twitter website
Its had a nice little consolidationbelow 20 period SMA on the H4 and reclaimed it giving us a clear invalidation level to put our stop below.
for the target I've used a bit of classical charting for a bull flag pattern measuring the length of the "flag pole" and placing that at the breakout level, its all just guess as LDO is currently in price discovery, so could go a lot further, i will prob hold for while on this if i don't get stopped out
entry 2.6
stop 2.28ish
target 3.5ish
follow me on the twitter website
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.