LDO I think will soon provide an opportunity for long-term investors and/or macro swing traders.
- Trend is showing signs of weakness from a technical standpoint
- Entering logical sell off area
- Filling in massive wick liquidity
- HTF support un-tested
This could have a blow-off top candle, but I'd expect retracement in the coming weeks. Not interested in buying up here, focused on swing shorts or patience to go long.
What do you think > comment!
- Trend is showing signs of weakness from a technical standpoint
- Entering logical sell off area
- Filling in massive wick liquidity
- HTF support un-tested
This could have a blow-off top candle, but I'd expect retracement in the coming weeks. Not interested in buying up here, focused on swing shorts or patience to go long.
What do you think > comment!
Note
PUSHED INTO RED AND WICKED OUT QUICKLY, EXPECTING MORE DOWNSIDEVatsik
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Vatsik
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.