LDO Daily Time Frame Triangle Broken And Retest Dne?In my point of view LDO token was playing a triangle from the beginning and now it has broken and retest done. We are looking at elliot wave counting also seems to 2nd wave done as a zig zag formation and as holding the upper trendline of the triangle strongly has a potential to continue it's bull rally from here.
DYOR
LDO
LDO/USDT bullish reversal from support?👀🚀LDO analysis💎 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.
💎 Currently, MIL:LDO displays a bearish tilt, marked by pronounced red candles signaling heavy selling. Yet, our strategy remains to observe patiently and await clear signals at this support level before making our move.
💎 For the savvy trader, should #LDO falter at this critical support and dip further, our eyes are on a potential bullish surge from the next demand zone down, bolstered by liquidity. A fall below this point may indeed precipitate a notable decline.
#LDOIn 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.
The Overall Market Trend is BullishIn 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 significant resistance points along the price's growth path, including a minor channel and a orange support zone. Currently, the price is within this orange area, and we do not expect further growth until the price stabilizes above this region. If the price drops below the bottom of the minor channel, the bullish trend may pause for a while.
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Lido Finance ($LDO) Staking Hits $38.7 BillionThe decentralized finance (DeFi) ecosystem is experiencing a renaissance, marked by a monumental achievement: a total value locked (TVL) surpassing $100 billion, spearheaded by Lido Finance ( MIL:LDO ) staking hitting $38.7 billion. Amidst rising Bitcoin interest and crypto market optimism, this milestone signals a significant comeback for DeFi, albeit still below its previous all-time high.
The DeFi TVL Surge:
DefiLlama's latest data reveal a global DeFi TVL of $100.1 billion, showcasing a resurgence after nearly two years. Lido's liquid staking protocol emerges as the frontrunner, with $38.7 billion locked on-chain, highlighting its dominance within the DeFi landscape. Other players like EigenLayer and AAVE also contribute substantially to the overall value, underscoring the sector's diversification and growth.
Influence of Key Factors:
The resurgence in DeFi is attributed to various factors, including the introduction of spot Bitcoin ETFs, driving market optimism and institutional demand. Bitcoin's recent surge to new all-time highs, breaching $70,000, further fuels capital flow into DeFi protocols. Concurrently, crypto exchanges witness increased activity, showcasing expanding interest and involvement in the cryptocurrency market.
Impact on the Crypto Ecosystem:
The DeFi sector's resurgence mirrors the broader revival of the cryptocurrency market. The memecoin boom, inspired by Bitcoin's gains, reflects changing investor sentiment and the speculative nature of the industry. While hurdles persist in surpassing the previous TVL record, the sector's momentum indicates continuous innovation and expansion, attracting more users and capital.
Looking Ahead:
The recovery and growth of the DeFi sector are not only pivotal for its proponents but also for the entire cryptocurrency market. They underscore the attractiveness and potential of decentralized financial services, shaping the future landscape of finance.
Conclusion:
As DeFi reaches new heights, led by Lido Finance and a burgeoning TVL, the sector's resilience and innovation come to the fore. With optimism abound and institutional interest on the rise, the DeFi resurgence signifies a transformative era in finance, heralding a decentralized future for global markets.
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
___________________________
✓✓✓ always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
#LDO/USDT | LONG#LDO
The triangle pattern was broken upward after bouncing from the main support area in green
We have support from the RSI indicator
We expect a small correction before completing the upside
We have a higher stability moving average of 100
Entry price is 3.20
The first goal is 3.30
Second goal 3.54
The third goal is 3.75
LDO Looks BullishAfter the X box, the LDO symbol appears to have entered a symmetrical pattern.
We now seem to be in the early stages of a bullish wave E.
There are two targets on the chart. Count more on the first target ($5.106).
By keeping the green area, it can move towards the target.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LDO Is VERY Close To MOONING
MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
LDO is trying to break out. It will have a nice move in very near future but watch the video to find out when it can moon. You don't want to miss this when it starts to move.
It has very good structure and price action Similar to CHZ and MATIC last bull market
it's a moon structure
Please watch the video for more information
Have a great evening.
LDO/USDT - A token worth monitoring and trading---------------------------------------------------------------
Description
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+ LDO is consolidating in the support zone and this is a good thing for bouncing back
+ This consolidation zone is also acting as a support for the LDO
+ Once it bounce back we can expect it to reach next resistance.
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VectorAlgo Trade Details
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Entry Price: 3.324
Stop Loss: 3.025
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Targets 1: 3.451
Targets 2: 3.556
Targets 3: 3.794
Targets 4: 4.037
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Timeframe: 4H
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Agree or Disagree with the ideas ? lets discuss in the comments.
Like and follow us for more ideas.
Regards
VectorAlgo
LDO/USDT Could LDO Break out the Resistance of ATH ??💎 LDO has recently experienced significant market dynamics. Initially, it faced a strong rejection upon attempting to break the resistance at its all-time high, resulting in a significant downward movement back to the demand area.
💎 Currently, LDO appears poised to make another attempt at breaking the resistance ATH, especially as it has also broken out of the ascending channel.
💎 If LDO successfully breaks the resistance ATH on its second attempt, we may witness a notable upward movement, potentially reaching our target area. However, if LDO fails to break this resistance for the second time, there is a possibility that the price will retreat to the demand area to gather momentum for another attempt at breaking the resistance.
💎 LDO must bounce from the demand area upon retracement, as failure to do so could signify weakness in the market. A breakdown below the demand area would be a concerning sign, potentially leading to further downward movement toward the support area or even breaching the ascending channel.
LDO - 180% profit in a few weeks, buy now!LDO looks absolutely strong. It just hit a new all-time high a few weeks ago, and this is serious. What you want to do is buy coins that have reached an all-time high for massive profits. What is the next target? The 3.0 FIB extension is 185% far away, which is good; take profit here. Strong Elliott Wave combos (1)(2)(1)(2) provide a solid trade setup. We can see that the chart formed an ascending triangle, which is a very strong bullish pattern. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Lido DAO is a decentralized autonomous organization (DAO) which provides staking infrastructure for multiple blockchain networks.
Most notably, the platform provides a liquid staking solution for Ethereum, allowing users to stake their ETH and receive stETH (Lido staked ETH) tokens in exchange, which represent the user's staked ETH and staking rewards.
Lido DAO is secured by a mix of decentralized governance, audited code and smart contracts. The Lido protocol runs on Ethereum with help from smart contracts that process user deposits and distribute staking rewards, among other functions. Several third-party security firms have audited Lido’s smart contracts in order to identify and address potential vulnerabilities.
The platform’s native token is LDO - which also serves as the governance token for Lido DAO. Holders can participate in governance proposals and vote on key decisions such as board adjustments, new integrations and platform updates. LDO holders have the right to determine the development and operation of the platform.
Lido currently supports staking for Ethereum and Polygon only with the recent sunsetting of Solana. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
LDO/USDT Perfect bounce from the support. Ready for Back to Up??💎 LDO has undergone significant developments in the market. Recently, LDO executed a flawless bounce from the support area, previously acting as resistance.
💎 Observing the candle patterns suggests a probability continuation of the upward movement, aiming to revisit our target resistance and possibly achieve a new all-time high (ATH).
💎 However, if LDO retraces back to the support and fails to bounce or, worse, breaks below the crucial support area, it raises bearish concerns. The support zone holds immense significance, and a breach may trigger a reversal to downward movement, with the next target being the demand area.
💎 To sustain upward momentum, LDO must bounce at the demand area and reclaim the position above the support. Failure to do so could lead to a continued downward trajectory and further price decline.
LDO MIDTERM ANALYSIS (2D TF)"This analysis is an update of the analysis that is linked at the bottom, in the related analysis section"
First of all, pay attention to the time frame. The time frame is large
Our diametric E wave ended exactly in the red box. We expect the price to move from the red supply box to the green range.
Flip line is a strong support. Be careful with this line. For now, we should expect a drop until TP 1.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LDO - Following The Wedge 🌙Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 LDO has been overall bullish, trading within the rising broadening wedge in blue.
At present, LDO is undergoing a correction phase and it is currently approaching the lower blue trendline acting as a non-horizontal support.
Moreover, it is retesting a strong support zone marked in green.
🏹 Thus, the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #LDO approaches the lower purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich