LDOUSDT: READY TO GO LONG at SUPPORTHello,
Welcome to the quick update of LDOUSDT. From the last few months we can see LDOUSDT in a downtrend and has dumped more than 50%.
Currently, it is trading in the range of .9480 to .9981. We can see it breaking the channel and is currently trying to retest. The immediate support levels to watch for are .91 to .94.
We can take a small position at around 0.9621 and DCA until .9081 with a STOPLOSS of 0.8711.
The targets to watch for are:
1.0444
1.0711
1.1324
1.1767
1.3511 and 1.5573 (This is for the long run)
Until then, stay tuned and trade with caution, ensuring strict STOPLOSSES!!
This is not financial advice, please do your research before investing, as we are not responsible for any of your losses or profits.
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ScramblerG is always there to help and trade with caution but DYOR.
Ldochart
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."
LDO Buy Trade.Another Good entry with Very Small Stoploss LDO.
NOT A FINACIAL ADVICE!!
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LDO/BUSDSPOT BUY PLAY:
NOTE - TRY TO ACCUMULATE THIS COIN WITHIN THE GIVEN RANGE OF $ 1.75 TO $2.5 FOR MAXIMUM GAINS.
LDO/BUSD
Buy Zones are always mentioned on the charts itself with potential TAKE-PROFIT zones.
STOP-LOSS = ACCORDING TO YOUR RISK APPETITE or N/A(ITS RECOMMENDED TO ACCUMULATE THIS COIN FOR MULTIPLICATION OF THE CAPITAL)
TAKE-PROFIT zones are mentioned in the chart itself. DYOR.(THE TAKE-PROFIT MENTIONED IN THE CHART IS MINIMUM @$4)
REMEMBER - Lido is a liquid staking solution for Ethereum (liquid staking derivative).
Always DO YOUR OWN RESEARCH before taking any trade or before investing your hard earned money.
Suggestion/Tip – It is always better to take profit, whether all the zones are bought or not.
Suggestion/Tip 2 - When price is moving on right way
"it is always recommended to move stop-loss to profit side".
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