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LDO / UST

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LDOUST trade ideas

$LDOUSDT: Good to have some shorts...As the Shanghai fork gets closer to materialize, the idea of a supply shock affecting crypto market stability becomes more important to consider. 15 million Ether deposited by 485k validators are currently locked in the Beacon chain and will be freed in one month give or take. I'd be ready to short if presented with opportunities to do so, it is imperative that traders are flexible and keep an open mind and trade setups as they come. In this case, $LDOUSDT offers a low risk short here, while we still have bullish signals active in other coins. It's probably reasonable to trade both sides in different coins if you're actively trading crypto, managing risk and not focusing on hodling things at all costs, that only works while the trend is extremely stable and pointing up, but at some point you need to secure gains to not participate on the humongous drawdowns that characterize this space. Best of luck! Cheers, Ivan Labrie.
Short
by IvanLabrie
4
LDO NEXT BULLISH MOVEMENT !Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. LDO IS RETESTING OUR SUPPORT, WHAT'S NEXT! As we can see price broke above our resistance zone previously and now, we are retesting it again. From a short term perspective price is overall bearish trading inside this channel As the price will be approaching our support zone, we will be looking for new longs as well. For the bulls to kick in for now we need a new swing high to be formed around the trendline then a break Until that price can still dive more lower before a new reversal to be formed If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!
Long
by Hadi_karaali
2