hello guys.
let's analysis LDO
Ascending Channel: LDO is trading within an ascending channel, showing a positive medium-term trend.
Broke Above Resistance: LDO recently broke above the $1.12 resistance (now support), suggesting bullish momentum.
Next Target: The price is likely aiming for the $1.26 resistance zone, a critical area that aligns with the upper boundary of the channel.
Support Zone: The $1.06 - $1.08 region serves as the immediate support in case of a pullback, as it lies at the lower trendline and within a key demand zone.
Bullish Continuation: If LDO can hold above $1.12, it’s likely to push towards the target of $1.26, indicating a possible continuation of the upward trend.
let's analysis LDO
Ascending Channel: LDO is trading within an ascending channel, showing a positive medium-term trend.
Broke Above Resistance: LDO recently broke above the $1.12 resistance (now support), suggesting bullish momentum.
Next Target: The price is likely aiming for the $1.26 resistance zone, a critical area that aligns with the upper boundary of the channel.
Support Zone: The $1.06 - $1.08 region serves as the immediate support in case of a pullback, as it lies at the lower trendline and within a key demand zone.
Bullish Continuation: If LDO can hold above $1.12, it’s likely to push towards the target of $1.26, indicating a possible continuation of the upward trend.
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👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
👉 My recommended exchange(you can get up to $5050 bonuses): lbank.one/join/uF7u10M
____
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.