LDOUSDT: WATCH THIS TRENDLINELDO has been trading under a trendline for some days now. A break of this trendline is likely going to lead to some growth but we should also be mindful of the resistances around the price
Key stats
Market capitalization
1.803BUSD
Fully diluted market cap
2.094BUSD
Trading volume 24h
121.492MUSD
Circulating supply
860.988M
LDO Bullish Scenario ($5 First Target)The three main reasons I see this as a good buying area are:
1. Bullish Ichimoku Cross
Very bullish signal along with a potential green cloud / if the price closes above the cloud
2. Bottom Channel
Currently at the bottom of the channel near lows, may see a spike down to grab this liquidity
3.
LDO Keeping it SimpleAfter a strong run and a relatively favorable macro environment compared to 2022, I can see this going much higher but first I need to see the last ATH wick cleared and ideally an SR flip. Until then it's better to look for a lower entry or if you strongly believe in the project hold spot.
LDOUSD Targeting at least $10.00 on this flipped fractalLDOUSD/ LIDO DAO is on a 1 month Channel Up while the 1day RSI is immitating the Channel Down of July/ Aug. This can therefore be a flipped sequence of that fractal and when drawing it on the current Channel Up, it matches the price action surprisingly well.
A repeat of the +616.30% rise prior to J
LDO looks to be running out of steam (at least short-term)Hello Traders & Investors!
Here is a quick video going over the daily chart of BINANCE:LDOUSD for @hardikpatel1648
It looks to be forming a bear flag and the last bear flag played out, so I would look out below.
Let me know what you think and comment your own thesis below!
If you would lik
LDO - RSI Says Buy 🚀LDO has consolidated well after an enormous pump.
Now the RSI has dropped off to near the 50 area and we have been looking at this as an area to buy alts in consolidation.
And so as long as the trend remains intact this should be a good area to buy.
Also notice Golden Cross will arrive in a few d
LIDO Looks Like Miles O'BrienIt's missing a right shoulder ... I think it forms a large HnS :)
Bounces off turquoise IMO
Lido (LDO) in bull trap?The price has broken through the psychological resistance of $2 along with the 61.8% retracement.
Exponential averages of 8, 21 and 55 pointed up.
Next resistance at the round value of $3.
If it is a bull trap it will come back below $2, going to the 50% retracement at the price of $1.45
not really into scalping short but lets see how this turns outmodel shows lower before higher on the 5 minute chart lets see how it comes out. In the future I'm going to work on reducing risk so its not 1:1 and see if that helps expected value
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