#LDOUSDT: Triangle Breakout – Next Move?
Market Overview:
#LDOUSDT has been in a strong uptrend and recently formed a triangle pattern on the 1-hour timeframe. This pattern typically signals trend continuation, and we just witnessed a breakout!
Key Observations:
🔹 Triangle breakout confirmed – bullish signal!
🔹 Resistance Level: Watch for a clean break for further confirmation.
🔹 Potential Targets (TPs): Higher highs expected if momentum holds.
Strategy:
🔹 If price retests the breakout zone and holds, we could see a strong bullish continuation.
🔹 Invalidation: If price falls back into the pattern, we may see a fakeout scenario.
What’s your take? Will #LDOUSDT pump higher or is this a bull trap? Share your thoughts below!
Follow for more chart updates, trade ideas, and market insights!
#LDOUSDT has been in a strong uptrend and recently formed a triangle pattern on the 1-hour timeframe. This pattern typically signals trend continuation, and we just witnessed a breakout!
Key Observations:
🔹 Triangle breakout confirmed – bullish signal!
🔹 Resistance Level: Watch for a clean break for further confirmation.
🔹 Potential Targets (TPs): Higher highs expected if momentum holds.
Strategy:
🔹 If price retests the breakout zone and holds, we could see a strong bullish continuation.
🔹 Invalidation: If price falls back into the pattern, we may see a fakeout scenario.
What’s your take? Will #LDOUSDT pump higher or is this a bull trap? Share your thoughts below!
Follow for more chart updates, trade ideas, and market insights!
Trade active
Trade is active. But Still LDO did not close a candle above the resistance level. So we will wait for break of the resistance and take a trade on retest the resistance level. 
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.
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.