$LDO targeting $8+?MIL:LDO looks like it's bottomed to me here.
I've projected various price target that LDO can see on the way up. First challenge is to surpass the current resistance and then there's a lot of open air above.
I think it's likely that MIL:LDO can get up to $7-8 range, but it it can surpass those resistances, I added one final target at the $13 level.
Let's see what happens.
LDOPERP trade ideas
ldousd h8 30% correction warning 1.65 usd🔸Hello traders, let's review the 8hour price chart for LDO today. Sequence of cascading
rejection as we are setting up for a deeper correction off the recent highs. 2.05 usd is weak
support, since it was tested too many times. expecting support to break down soon.
🔸30% correction looming as bulls fail to reset a sequence of recent rejection and can't
print a new ATH, so therefore expect breakdown and more downside in this market.
🔸Recommended strategy LDOUSD: short sell rips/rallies. bears maintain mid-term control.
final TP bears is 1.65 USD. bulls should remain on sidelines and wait for lower prices.
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LDO Bullish Scenario ($5 First Target)The three main reasons I see this as a good buying area are:
1. Bullish Ichimoku Cross
Very bullish signal along with a potential green cloud / if the price closes above the cloud
2. Bottom Channel
Currently at the bottom of the channel near lows, may see a spike down to grab this liquidity
3. Green Cloud
Ideally, we see a green cloud emerge indicating a new bullish trend and adding onto the strength of the bullish Ichimoku cross
Fundamentals:
They have an impressive amount of funds locked, the project seems solid and the macro seems aligned for a good buy
LDO Keeping it SimpleAfter a strong run and a relatively favorable macro environment compared to 2022, I can see this going much higher but first I need to see the last ATH wick cleared and ideally an SR flip. Until then it's better to look for a lower entry or if you strongly believe in the project hold spot.
LDOUSD Targeting at least $10.00 on this flipped fractalLDOUSD/ LIDO DAO is on a 1 month Channel Up while the 1day RSI is immitating the Channel Down of July/ Aug. This can therefore be a flipped sequence of that fractal and when drawing it on the current Channel Up, it matches the price action surprisingly well.
A repeat of the +616.30% rise prior to July's top matches almost to perfection the top as indicated by the flipped fractal, giving a price range of $14.00 - 14.50. A Fibonacci 2.0 extension gives a price projection at $10.65.
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LDO looks to be running out of steam (at least short-term)Hello Traders & Investors!
Here is a quick video going over the daily chart of BINANCE:LDOUSD for @hardikpatel1648
It looks to be forming a bear flag and the last bear flag played out, so I would look out below.
Let me know what you think and comment your own thesis below!
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LDO - RSI Says Buy 🚀LDO has consolidated well after an enormous pump.
Now the RSI has dropped off to near the 50 area and we have been looking at this as an area to buy alts in consolidation.
And so as long as the trend remains intact this should be a good area to buy.
Also notice Golden Cross will arrive in a few days which is bullish .
Some caution required as FOMC meeting is coming up which often brings about market volatility and whipsaw.
This one could be a big hitter 🚀.
Not advice.
Lido (LDO) in bull trap?The price has broken through the psychological resistance of $2 along with the 61.8% retracement.
Exponential averages of 8, 21 and 55 pointed up.
Next resistance at the round value of $3.
If it is a bull trap it will come back below $2, going to the 50% retracement at the price of $1.45
dollar cost averaging turns into market crashesnext 3 months will be difficult to watch if your in a long holding strategy.
99% of crypto will lose some serious value.
Knowing what to expect will keep your mind focused and mental awareness in check.
Putting this information out there to keep you alert and well balanced to make sound judgements.
This is not investment advice.
Do what you feel is right for you and the strategy you are pursueing.
TYPICAL LDO IDEAI expect $LDO to retest that lower range of the descending triangle to clear the sell side liquidity (SSL), bounce off the upper trendline, retest the trendline and head over to $1.6252 where the 4h buyside liquidity (BSL) is located. If we hold that range then I would expect a $2 in the coming days. All still depends on BTC movement.
Always for just educational purpose, NFA.
$LDO - Lido long idea 20Period SMA relcaimlooking around today for things that haven't popped off yet, and i think $LDO has a chance.
Its had a nice little consolidationbelow 20 period SMA on the H4 and reclaimed it giving us a clear invalidation level to put our stop below.
for the target I've used a bit of classical charting for a bull flag pattern measuring the length of the "flag pole" and placing that at the breakout level, its all just guess as LDO is currently in price discovery, so could go a lot further, i will prob hold for while on this if i don't get stopped out
entry 2.6
stop 2.28ish
target 3.5ish
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