LDO: Sideways Channel BreakoutTrade setup : Appears to have broken out (bearish) from a Sideways Channel pattern ($1.60-$2.50), below the $1.60 support zone, which has held up several times this year. The next support area is $1.20. Lido (LDO) is the largest DeFi platform and a leading ETH liquid staking platform.
Pattern : Price was trading in a Sideways Channel , which is a neutral pattern (indication of market indecision). Trend Traders ought to wait for a breakout in either direction, although typically it breaks in the direction of the existing trend. Swing Traders can trade the range – Buy near Support and Sell near Resistance .
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $1.20. The nearest Resistance Zone is $1.60 (previous support), then $2.00, and $2.50.
LDOUSDT trade ideas
LDO LONG SIGNAL 1H The currency of LDO is fluctuating in an upward channel according to the exit data of the exchange and also according to the chocho displayed in the 1-hour chart.
In this currency, we can think about long trades on the area specified in the chart
Thank you for following me
I hope you are happy and profitable.
LDO 3D (Bullish Scenario) As you can see on the chart, the cryptocurrency Lido is forming a flag and consolidation pattern on the 3-day timeframe . If it doesn't lose the support in the range of 1.7 to 1.85 , it could potentially initiate a new phase of growth
Keep an eye on your watchlist; it could be a good option for spot trading.
LDO BUY SETUP (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the LDO symbol.
By maintaining the green area, it can move towards the declared targets.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LDO ANALYSIS (12H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ICP symbol.
It seems that reform is ahead. I specified two falling targets. I will buy when we reach TP 2
Note that the support of TP 1 is not weak either.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LDOUsdt more correctionguys remember i Spot trader not for leverage
Ledo is a good project, but with the knowledge I already have of the market and the distance between us and the bitcoin halving, I think we should correct it more, so there will be better opportunities to buy, so if you see, I have identified all these entry points for us using this harvest and The general analysis is that the market should correct more and this analysis is not short-term.
GL
EntryPoint:
1.819
1.664
1.486
1.400
1.287
Supports:
1.098
0.980
0.849
Resistances:
1.950
2.063
Targets:
2.186
2.372
2.635
midtime:
3.009
3.226
3.562
HODL:
4.295
4.909
5.813
GL
LDO LONG/SHORT H1Hello friends,
We have two positions for this currency:
1. Short-term long position
2. Swing short position
Entry and exit points have been identified for both positions.
For the long trade, you can set a trigger and enter the trade if the trend line is broken.
Wishing you profitable and successful trades.
lonng LDO hello guys
It seems that we are witnessing the arrival of smart money in LDO currency
The structure change happened in the 1-hour time frame and below, I consider any price reduction to the specified level as an opportunity for a long position.
As I mentioned in the publication of previous ideas, my strategy is based on the third and fourth targets, but if the buying range is activated, you can consider higher targets with risk management.