LDO - Similar I H&S structure to BADGER

23 mar 2024

LDOUSD is showing a similar structure to BADGERUSD, which just saw a 35% move.

If entering here I would expect resistance at 3.15 (volume weighted average price anchored to the high of the most recent uptrend), ~3.69 (the measured range from the base of the pattern), and then between 4.01-4.30 as a possible overhead target. The opportunity is invalidated with a close below 2.61.