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LDOUSDT

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."
by Madoir
Lido explosive price rally after dead cat?👀 Ldo analysis today💎currently trading within a wedge pattern and has been following the VWAP 200 for the past few hours. At present, it's consolidating at a specific support level and holding its position firmly. 💎The upper trendline was confirmed after four consecutive lower highs, creating a cycle of lower highs and lower lows. 💎An interesting observation is that it also maintains strong support at 1.668 despite market uncertainty. This level is a significant point of interest. 💎 if the price breaks, we could witness a downward move of 13%, followed by a bounce back and a return to upward momentum. 💎 In the ever-changing crypto universe, staying updated and adaptable is essential. Stay tuned for more updates and enjoy your trading journey!
LLong
by MyCryptoParadise_Simon
ridin' LDO'z waves update 1well, I say that this young Ledo-bear or something looks so crippled from the point of view of elliotar waves :3 really, the only thing that saves my mind from Lovecraft insanity is that the patterns are repeated, so, I hope, I succseed. Please note that first we are heading to zone 3 and only then to zone 4. it is worth buying at a price of about $ 2 and going for profit, squeezing out of the plush baby our stables muhahaha and yes, do not press like if u liked the idea. press it if u understand and agree :) have a green PNL folks
CRYPTO:LDOUSDLong
by zikkuratt
Let's find Lido'z senia degreesPoor Leedo Havin' to be told Price is oversold Mean it's time to count you I bet that nobody knows that song :) Its iz time for awesome senior degrees countin'. I find no similar content, so, its exlusive now and yourz, ENJ oy! BTW, from now on Ill lead this toekn and looking for a trade opportunities. Everybody write "NFA" but I WILL NOT! and as ussual, please, DO NOT launch the rocket button, if you like the idea, really, even if its the best idea u ever saw. lunch it if you agree and understand it. bye! I mean BUY! jeez
CRYPTO:LDOUSDLong
by zikkuratt
LDO USDT WCA - Ascending Triangle Experiment Exchange: Binance Project: Lido DAO Ticker: LDO Sector: Cryptocurrency Introduction: Today, we will be conducting a technical analysis of the Lido DAO/USDT on the Binance exchange on a weekly scale chart. This analysis is particularly intriguing as the pattern formation we're observing typically occurs during reversal or continuation stages in a more mature market. However, Lido DAO is a new entrant in the market, turning this analysis into a compelling experiment. Pattern Analysis: The key pattern formation observed in Lido DAO is an Ascending Triangle. The upper horizontal boundary of this triangle is at $3.125 and has been touched thrice. Similarly, the lower, upward-sloping boundary also has three touchpoints. Usually, we would use the 200 EMA to identify the market environment. However, due to the novelty of the chart, we will need to adapt our approach. With the chart and pattern being 378 days old, I have calculated a makeshift EMA as follows: 378 days -> 54 weeks -> 54/4 -> 13.5 -> 14. This yields the 14 EMA. At present, the 14 EMA doesn't indicate a bullish environment, underlining the importance of not jumping into trades prematurely. Projection: Despite the current lack of a bullish environment, we can still provide a price target for those holding Lido DAO. Should the price break above the upper boundary, the price target would be $5.55, representing a potential increase of 77%. Conclusion: While Lido DAO is currently a watchlist candidate, it's crucial to be patient and wait for more bullish signals before making any trading decisions. As always, this analysis should be considered as part of a comprehensive trading strategy, with adequate risk management measures in place. Keep a keen eye on this experimental chart, and happy trading! Best Regards, Karim Subhieh
by KarimSubhieh