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LDO / TetherUS

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LDOUSDT trade ideas

$LDOUSDT: Trend about to accelerate againWonder what the catalyst is here, perhaps renewed interest in liquid staking and restaking protocols (Eigenlayer)? Mid and long term charts are aligned here, showing clear bullishness, so if you enter long positions this week, you may benefit from rather immediate upside, which will make price get further away from the danger zone where the trade would be invalidated (and where your stop should sit, or alert to gtfo, at least), which would be below $1.52... Best of luck if you go long or are already holding! Cheers, Ivan Labrie.
Long
by IvanLabrie
✴️ Lido DAO Breaks Toward $3.22 (65%+ Short-Term)This Altcoin, Lido DAO, looks very promising based mainly on two strong signals. ➖ Yesterday, LDOUSDT had the strongest close since early August 2023. ➖ As this happened, prices moved and closed above EMA10 and MA200 on the same candle, a level that was working as resistance (MA200) since October 24. While there is one resistance level left at 1.95 based on Fibs., LDOUSDT is looking good. ✔️ Any trading above 1.81 is considered strongly bullish and can lead to a major jump anytime. ✔️ The longer the pair trades above this level, the higher the probabilities of a sudden upside move. More growth is possible but this is something for another day, here we focus on the short-term. Additional targets and support levels can be found on the chart. Good night! Namaste.
Long
by AlanSantana
1
We might see bounce on LDO in this particular zoneHey traders!!! LDO was trading between 2.66 and 2.20 in last weeks but now it has broken local support and it looks like it will take a look at lower price... We can tell that we are in range where price is between big rezistance zone and big support zone, BUT from my perspective there is zone where potencial bounce could start... Golden pocket zone, place where strongest MAs and EMA are met is good opportunity for LDO to turn back and heading to higher price... Nothing is certain in trading and the zone also does not have to hold it and we can aim to green support zone which could be good entry zone to long position... For me, those 2 zones are important and I will pay attention to them as I would like to be in trade... This is all from me, I wish you good luck in trading and bye traders ...
Long
by Dominator_SK27
LDO Preparing for Potential Bullish Rally? 👀🚀LDO Analysis💎 Paradisers, focus on LDOUSDT as it showcases an important movement in the market. Positioned in a demand zone, LDO is gearing up for what appears to be a bullish trajectory. 💎 Lately, LidoDAO has shown respect for the internal supply level at $2.5, encountering this level thrice before starting a downward trend. As of now, LDO is maintaining its position above the trendline. Notably, even after facing substantial rejections from the supply zone, LDO hasn't fallen below its earlier low, indicating a strong possibility for an upward trend. 💎 However, in the unpredictable crypto market, it's essential for traders to be ready for various outcomes. If LDO fails to sustain its bullish path and drops below the current demand level, we might witness a shift in market dynamics. Traders would then need to recalibrate their strategies, possibly aiming for a bullish rebound from the support level at $1.89. 💎 Crucially, if LidoDAO breaks below this secondary demand level, it calls for an immediate reassessment. Such a scenario could imply challenges in maintaining the bullish momentum, necessitating a strategic review and adjustment of trading plans. 💎 Stay vigilant and tactically astute, Paradisers. Your ParadiseTeam is committed to navigating you through these market shifts, ensuring you are well-prepared for sound and strategic trading decisions.
Long
by MyCryptoParadise_Simon