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LDOUSDTPERP

Lido DAO (LDO) formed bullish Cypher for upto 16% pumpHi dear friends, hope you are well and welcome to the new trade setup of Lido DAO ( LDO ) with US Dollar pair. 3 days ago on 12th Jan 2023, I shared a trade setup for LDO , the priceline pumped more than 19% but so far, it could not hit the sell target zone, this move is still due, and this trade setup is still in play: In the meanwhile LDO has formed another bullish Cypher pattern on 2hr time frame chart. Therefore, I would suggest you to follow these targets, because the above idea can drag more. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
1
Lido Finance LDO price ready to growth again ?Previously, Lido Finance ranked a net second in terms of pledged capital, behind only MakerDAO Today, we can say that Curve Finance has caught up with Lido Finance in terms of TVL, which hovers around $6 billion. By the way, exactly a month ago we made an idea for CRVUSDT and now, in our opinion, the price is just in the purchase zone: The Lido team scratched their heads and yesterday released two positive tweets about the changes: 1. Since October 7, they have provided users with the ability to connect a wrapped stETH token - wstETH - to the Arbitrum and Optimism networks for liquid staking. It is assumed that this version of the asset will facilitate its use in various DeFi protocols. 2. Lido Finance also announced the allocation of 150,000 LDO per month as rewards for the use of wstETH across all networks. This is done in order to stimulate the mining of liquidity of the reversible token in each of the DeFi partners like Balancer, Curve Finance and Kyber Network. In turn, the LDOUSDT price forms a descending wedge pattern on the chart. This pattern usually serves as a continuation of the growth trend, which, as can be seen from the chart, has been going on since June 2022 from the price of $0.40 per LDO. Based on the above, we get a good entry point to try a medium-term trade on the following conditions: Enter long position $1.44-1.48 Stop loss below $1.285 (-12%) Take profit $2.205 (+51%) Profit loss ratio 4/1 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
13