Hi dear members , hope you are well and welcome to the new trade setup of Lido DAO ( LDO ) with US Dollar pair.
Previosly the priceline moved slight down than potential reversal zone, however, recovered soon and pumped well.
Now on a 2-hr time frame, LDO has formed a bullish BAT move. There is a bit difference in the completion of B leg. (Because it has retrace upto 0.363 rather than 0.382 Fib level, but with BTC pair a perfect bullish BAT is formed, therefore, I have shared this BAT pattern with US Dollar pair for easy understanding of targets.)
Buy between:$2.286 to $2.246
Sell between: $2.403 to $2.527
Stop loss: Below $2.246
Possible profit ratio:
As per above targets there is a profit possibility of upto 12.50% and a loss possibility is upto 2%.
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
Previosly the priceline moved slight down than potential reversal zone, however, recovered soon and pumped well.
Now on a 2-hr time frame, LDO has formed a bullish BAT move. There is a bit difference in the completion of B leg. (Because it has retrace upto 0.363 rather than 0.382 Fib level, but with BTC pair a perfect bullish BAT is formed, therefore, I have shared this BAT pattern with US Dollar pair for easy understanding of targets.)
Buy between:$2.286 to $2.246
Sell between: $2.403 to $2.527
Stop loss: Below $2.246
Possible profit ratio:
As per above targets there is a profit possibility of upto 12.50% and a loss possibility is upto 2%.
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