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LDO / TetherUS

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LDOUSDT trade ideas

LDOUSDT.P on Bybit - Short in to a Long"Engaging in a SHORT that transitions into a LONG position. Short levels sit at 1.9450 with a stop loss at 1.9760, influenced by PoC of the range 2.04 - 1.80$, the 0.618 Fibonacci retracement level, daily and 2.618 fib retracement. Remember to take profit during the dip. As we approach the daily level of 1.7325, we could potentially see a reaction on both the NPOC at 1.7325 and the weekly at 1.7110. I'm keen to see an SFP of the 19/06/2023, 12:00 NY time lows." Why we are using Bybit pairs? We prefer to use Bybit charts over those from Binance or other exchanges, as in our experience, divergences are consistently respected in Bybit's platform.
Short
by ComprareBitcoin
1
✴️ Lido DAO Bullish Regardless What HappensLido DAO is undergoing consolidation after a correction on a bullish phase that started January 2023. The pair remains really strong as the correction is weak. The current price trades more than 150% above its Dec. '22 low. There is a higher low short-term (mid-June vs mid-May) and prices have recovered above EMA10. The RSI is moving up almost reaching 50... As long as the blue line/support holds, expect LDOUSD to resume the initial move and grow. Breaking the support level would only signal more correction but followed by additional growth. Namaste.
Long
by MasterAnanda
1
LDOUSDTThe overall situation of LDO is as follows: The general trend shows a large ascending channel with a gentle slope, but currently, it is in a corrective phase forming a descending channel towards the trendline support. I prefer to disregard all these ups and downs and wait for the price to reach the trendline support indicated by the green color on the chart. Certainly, at that point, I would take a long position, but ultimately, everything depends on the overall market trend. I had predicted this downward trend in the previous post, but apparently, some people didn't believe it. ⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
by Madoir