LDOUST trade ideas
LDO Buy Trade Blueprint: Seizing the Moment for Maximum Gains **Short fundamental analysis of LDO coin:**
Lido DAO (LDO) is a decentralized autonomous organization (DAO) that provides liquid staking services for Ethereum. Lido allows users to stake their ETH without having to lock them up in a smart contract, and they earn staking rewards in the form of stETH, which is a liquid token that can be traded on exchanges.
LDO is the governance token of Lido DAO. It is used to vote on proposals to change the protocol, and it also gives holders a share of the fees generated by Lido.
**Recent news about LDO coin:**
* On October 18, 2023, Lido announced that it had raised $70 million in a Series B funding round led by Paradigm.
* On October 20, 2023, Lido announced that it had integrated with the Optimism Layer 2 scaling solution. This will allow Lido users to stake their ETH on Optimism and earn staking rewards at a lower cost.
However, I am not a financial advisor and I cannot provide financial advice. Please do your own research before making any investment decisions.
LDO is inside a large falling patternLDO is forming a large descending triangle.
After the diametric completion of the large wave D, we will have an upward movement for wave E and then the triangle will be completed and we will drop down.
This is a normal E wave. The E wave may be shortened. You have to get a trigger and confirmation, but in our opinion, the structure is like this.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
LDO the decentralized Autonomous OrganizationFalcon X withdraws 5.25 million LDO (Worth $8.13 million)from Binance in the past three days, leaving them with a remaining holding of 7.01 million LDO (valued at $10.94 million) as of the time of writing.
Because of this single act the price of LDO simultaneously surged with a 3% percent gain
Accumulation plan for LDOLDO, which stands for "Lido, a Delegated Proof of Stake (DPoS) staking protocol for various cryptocurrencies, including Ethereum (ETH) and Terra (LUNA). Lido aims to provide liquidity to users who stake their tokens on these blockchains.
In my opinion, LDO is forming an interesting pattern, the accumulation schematic following Wyckoff method.
As in chart, the yellow area would be a good place to buy LDO. So it's still soon to accumulate it.
What do you think about LDO and this plan?
LDO: Resistance BreakoutTrade setup : Price has regained the $1.60 key level, which has held up several times this year and could signal beginning of a bullish trend reversal with near-term upside to $2.00. Momentum turned bullish again (MACD crossover and RSI crossed above 50 centerline). Lido (LDO) is the largest DeFi platform and a leading ETH liquid staking platform.
Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $1.20. The nearest Resistance Zone is $1.60, which it broke, then $2.00, and $2.50.
LDOUSDT IdeaLDOUSDT - BINANCE:LDOUSDT
🚨 Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
✅ Please write any advice or suggestions.
✅ Pls send me the name of the currency pair or index that you intend to review and analyze.
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.
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
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