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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
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