LDO
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. Green Cloud
Ideally, we see a green cloud emerge indicating a new bullish trend and adding onto the strength of the bullish Ichimoku cross
Fundamentals:
They have an impressive amount of funds locked, the project seems solid and the macro seems aligned for a good buy
LDO reaching local highas history shows, high volume wicks - whether at local tops or local bottoms - are doomed to be filled sooner or later (usually the former).
while BTC consolidates at $27k, funds should be flowing to alts in due time, LDO being one to rise faster than others in such an environment.
Trade safe since come monday since the market's reaction to everything *should* be bullish, however those who know, know that those days are severely numbered.
Best,
Short LIDO vs USDPrice couldn't breach ATH and now it's trading inside the bigger Range again.
Currently momentum is slowly shifting to the downside.
It's trading below MO and as long as the price stays below it, this a short for me.
Good luck.
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🔥 LIDO DAO: THE TARGETS FOR THE BIGGEST STAKING PLATFORM🔥Hi, friends! Lido DAO is the biggest independent staking platform. A lot of stackers(and money) start to flow here after the US ban the Kraken staking products. I think it's the next crypto gainer, especially if SEC starts to regulate crypto.
📊 MY TRADING PLANS FOR LDO:
1. fall to the $1.93-2.2 value area and test it as support (close above)
2. volume growth (the buyers open longs)
3. bullish BTC
🚩 I use DOM a nd Footrpint scalping tools to identify the buy/sell orders of the whsales. It's not to hard, because you can see $1,5,10M orders and understand that the whales are going to buy or sell there. You can long or short crypto depends on this info.
✅ MY TARGETS FOR LDO:
🔥$3.32 - the local highs and key levels
🔥$5 - the key level and even number
🔥$10 - the even number
$10 is a highly possible target if the regulation begins and such independent platform as Lido will pump. The same situation as it was with the collapse of FTX and wallets (TWT, SFP) and DEXes.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
LDO: Channel Up BreakoutTrade setup : Bearish breakout from a Channel Up. It also looks like a potential Double Top (bearish). Although still in Uptrend, near-term price could pull back to $2.00 support.
Pattern : Price was trading in a Channel Up pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $2.00, then $1.00. The nearest Resistance Zone is $3.30.
LDO: Channel UpTrade setup : Price is trading in a Channel Up. So far, rejected at $3 resistance but if it breaks through, price could rally to $4. Wait for price to 1) break above $3 or 2) pull back near $2 support for a swing entry in Uptrend.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $2.00, then $1.00. The nearest Resistance Zone is $3.30.
LDO is the BEST token of the current local bull cycleHello, everyone! Today we are going to break down one of the strongest projects of the current bull cycle and what we can expect from its token in the future.
Lido ($LDO) is one of the pioneers of liquid staking and a project that has softened user entry into Ethereum 2.0. A fundamentally strong project that built its business around a product that brings value to the market and users.
In fact, this project is the main winner of the current bull rally, because many other projects, for example: AI, ZK/Arbitrum, will go low after cooling down, and LDO will be able to hold its position due to the value of the product. When you buy a LDO token, you understand the benefits of the project and the value that comes with owning a native token.
An update to Ethereum called Shanghai is coming soon. It will allow users to withdraw their ETH from staking. Lido, as the leading liquid-stacking protocol, is actively preparing for this event and has prepared for various courses of events and called them Turbo and Bunker. To cut a story short, each of the options is designed to improve the UX of using the protocol and insure users against the risks of network congestion and other risks.
The most interesting thing is what the Lido team will do after Shanghai. If we take into account the team's experience in DeFi solution development and ability to handle different challenges and crisis situations, we can expect a new product from the team that will bring even more fundamental value to the space.
Of course in the long term $LDO is a bullish forecast, let's keep an eye at it.
Please tell us which projects and tokens you are following, we will write a research about the most interesting and popular ones
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Lido DAO (LDO) formed bullish Cypher for upto 21.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Lido DAO ( LDO ).
Previously we caught a nice trade of LDO as below:
Now on a 4-hr time frame, LDO has formed a bullish Cypher move for another bullish reversal move soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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 July's top matches almost to perfection the top as indicated by the flipped fractal, giving a price range of $14.00 - 14.50. A Fibonacci 2.0 extension gives a price projection at $10.65.
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LDOUSD Bearish Shark: Likely to Crash Down With EthereumLDO is at the PCZ of a Bearish Shark at the sametime ETH is at the PCZ of Bearish Bat and Both a reacting negatively to the PCZ and showing Bearish Divergence, ETH is also the most bearish looking coin on the market as can be seen in the related Ideas tab below. I think that ETH and LDO will be losing most of their value very soon while the rest of the non DeFi Centralized coins like BTC and Doge, and LTC will only take a minor hit by comparison.
Update: LDOUSDT Technical Analysis LDO is currently forming head and shoulder pattern.
It is also retesting wedge which I assume break will be confirmed,
Based on current market condition I am taking a short position toward target thats is marked on chart,
it will bounce hard on target so It can be a nice entry for long position after getting hit.
Lets see