$LDO Analysis LDO performance in past weeks has been insane, it really performed well whenever the market moved. If you compare it with solid projects like $ATOM and $FET, it’s far ahead in performance. If everything goes well in the next couple of weeks, it could give a nice return on investment. Weekly: As you can see, lows are swept and right now it’s sitting on BOS for the last 3 weeks, which indicates it’s ready to go. Daily: Daily is a bit concerning as there’s a huge untested FVG, but the good thing is it didn’t sweep even when BTC went towards the 108k area twice last month. 4h: Structure on 4h is clear asf, there’s an FVG sitting between $1.1451 to $1.1110, which I believe will be filled soon and that’ll be our main target for bids. 1h: If you apply the fib from range high $1.3185 to $1.0378, you’ll notice the 4h FVG is exactly sitting between fib levels (0.382 - 0.238). More confluence in the area = stronger the zone. Execution: I’m already in with 25% of my position size and will add the other 75% between those fib levels. Target: First target will be $1.65, if the moment will be great it will go easy towards $2.10. Invalidation: Invalidation will be daily FVG mid (0.9930) 4h candle close below it.
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