Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About LDO
(Update)
The Ascending Channel Formation In Weekly Timeframe⚡️
Currently, We're Consolidating Near The Resistance Zone Of The Triangle, Signaling Potential Breakout On The Horizon✍️
#LDO
The price has been moving in an ascending channel since July 2022
Moving average 100 was broken to the upside
We are about to continue going up
Current price 3.25
First goal 3.60
Second goal 3.90
Third Goal 4.40
#LDO/USDT is looking heavy in 4-Hour TF!
MIL:LDO needs to clear the trendline alongside with PWL $2.763 resistance level. I am expecting a resistance retest and rejection towards PML $2.235.
If it clears the PWL resistance I will long it and if it rejects from there we can short.
LDO has broken below the support zone, it will continue to go lower
🔵Entry Zone 2.755 - 2.679
🔴SL 2.9709
🟢TP1 2.4522
🟢TP2 2.1710
🟢TP3 1.9937
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked...
It is moving in an upward channel in daily and weekly time. According to the movement structure of three successive waves, there has been a three-wave correction running inside the channel, and now a new kinetic movement is taking place. Demand has been met.
🔰 Therefore, if the recent correction is over and the combined correction does not occur, we should witness...
LDO has been consolidating for almost two years and formed a kind of ascending triangle. The break-out is very closed and when this happens, LDO would accelerate its momentum.
We know that LDO price is correlated to ETH and it seems that ETH is in a waiting mode, expecting some news on Spot ETF. Nonetheless, irrespective of the Spot ETF news, following BTC's...
🧠We can clearly see from the chart that a double-bottom bull structure has been established at the weekly level, and it fell back after encountering resistance in the resistance zone. It is currently building a bull structure at the daily or hourly level, and we look forward to continuing to move higher.🙏🚀🌕
Let's see👀
🤜If you like my analysis, please like 💖and...
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about LDO
LDO THE Rising wedge formation in DailyTimeframe✍️
In case of successful breakout
Expecting 60% Bullish Wave📈
💎Paradisers, turn your attention towards #LDOUSDT, perfectly situated in a demand zone, signaling the potential for an impressive bullish jump.
💎Currently, #LidoDAO is demonstrating a downward trend but is hinting at a bullish reversal from the support zone of $2.17. This aligns with an ascending channel pattern, where the channel's support has been respected...
💎 Paradisers, take note as #LDOUSDT showcases a compelling maneuver, drawing near to a crucial support after facing a setback from significant resistance. Should the momentum persist, there's a high likelihood of a rebound from this juncture. A look back at past actions reveals this support has consistently fueled a strong bullish response upon each encounter.
💎...
Just look at THAT!
ITS ALIVE! and its workin'
6 months of testin' and 18 months of backtestin' the yellow iz for longs and red for shorts. Im so sneaky:)
In time H4, after exiting the congestion, it is pulling back. Wait for the pullback to finish. After the floor is built in the entry area and the entry is confirmed, you can enter the buy position. The specified areas can be considered as profit limits. The range of 2.70 to 2.73 should be seen as a reversal candle.
In the weekly timeframe for Lido (LDO), we observe that the overall market trend is bullish. This trend is identified by noting that the lows are higher than the previous lows, and the highs are higher than the previous highs. The price is moving within an ascending channel and is heading towards the main target, which is the top of the main channel.
There are...
