#LDO/USDT — Critical Retest at Demand Zone vs Long-Term Downtr#LDO
The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected.
We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected.
There is a key support zone in green at 0.5625. The price has bounced from this zone multiple times and is expected to bounce again.
We have a trend towards stability above the 100-period moving average, as we are moving close to it, which supports the upward movement.
Entry price: 0.5936
First target: 0.6160
Second target: 0.6448
Third target: 0.6813
Don't forget a simple principle: money management.
Place your stop-loss order below the support zone in green.
For any questions, please leave a comment.
Thank you.
Ldousdtp
#LDO/USDT#LDO
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 1.20
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.23
First target 1.28
Second target 1.34
Third target 1.41
#LDO/USDT#LDO
The price is moving within a descending channel pattern on the 1-hour frame and is expected to break upwards after it has adhered to it significantly
We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 100
We have a trend to stabilize above the moving average of 100, which supports the rise
Entry price 1.02
First target 1.13
Second target 1.23
Third target 1.36
LDO → an opportunity to get a 175% profit
hello guys...
what happened to the LDO coin?
- made a rising wedge!
- engulfed the DP area!
if the top line of the wedge breaks up, it will pump at least 60% of the last leg!
target= 9.5
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