#LDO/USDT#LDO
We have a bearish channel pattern on a 4-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards in a strong manner.
We have a support area at the lower border of the channel at $1.80 from which the price rebounded
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that is about to break higher, supporting the price higher
Entry price is 1.90
First goal 2.18
The second goal is 2.35
the third goal is 2.56
LDOUSDT
LDO: Approaching ResistanceTrade setup : Price is in a downtrend but had a bullish breakout from Descending Triangle . Now it’s approaching a stiff resistance area of $2.60 horizontal resistance and 200-day Moving Average. Price needs to break above that to resume its Uptrend. Lido (LDO) is the largest DeFi platform and a leading ETH liquid staking platform (see our on-chain analytics and research report).
Pattern : Price is Approaching Resistance , which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Strong Up, Medium-term trend is Down and Long-term trend is Strong Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $2.20, then $1.80. Nearest Resistance Zone is $4.00.
LDO ROADMAP (1D)We have been following LDO for a long time.
The F wave is ending. The price will soon enter the bullish wave G.
The target could be to sweep the liquidity pool above the chart, which we have shown in $$$
If the price returns to the green range, we will look for buy/long positions
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
invalidation level: 1.0403
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 UPDATE (1D)This is an update to the analysis you see in the "Related Ideas" section
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.
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/USDT#LDO
We have a downtrend on a 4-hour frame, the price is moving within it and adhering to its limits well, and it has just been breached to the upside.
We have a major support area at Saad 2.30
We have a higher stability moving average of 100
We have a downtrend on the RSI that is about to break higher
Entry price is 2.60
The first goal is 2.71
The second goal is 3.00.
The third goal is 3.30
#LDO/USDT#LDO
The price moves in an inverted head and shoulders pattern
The right shoulder is now complete
Wall is expected for the upper border of the shoulder
We have a higher stability moving average of 100
We have bullish momentum on the RSI and an uptrend
We have a current breakout of the channel to the upside
Entry price is 0.2500
The first target is 0.3000
The second target is 0.3500
The third goal is 0.4000
Alikze »» LDO | Wave 3 or C scenario in the ascending channelIt 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 the continuation of the kinetic movement to the specified areas.
⚠️ In addition, if the green box is broken, there is a possibility of touching the bottom of the channel again.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
»»»«««»»»«««»»»«««
LDO/USDT in a Perfect Position to Rally | 👀🚀LDO Analysis💎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 twice. Holding firm at this critical juncture could lead to a substantial bullish push, with targets set towards the higher supply zone at $4.
💎However, if #LDO encounters hurdles in keeping up its bullish momentum at the $2.17 support level, a strategic reassessment might be warranted. This could lead us to anticipate a bullish resurgence from a slightly lower demand zone at $1.48.
💎Maintaining alertness to these market movements is crucial, as dropping below this pivotal point may call for a recalibrated strategy, especially amid challenges to preserve the bullish drive within the MIL:LDO market.
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/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.