LDO - Still Holding the LowFrom our previous post "LDO - Just Hit A Bottom" we can see that LDO has respected that bottom and given us more bullish confirmations.
The chart on the left shows the 3 day (longer term timeframe) and the chart one the right shows the 1 Hour (Shorter Timeframe).
On our 3D we can see we have respected our trendline (green circles). We also had tweezer bottoms on the 3D and so far our candle bodies are still respecting the 0.618.
On the 1H it looks like we are forming a W pattern. A breakout of the neckline could send us around $2.40. We also created a double bottom in price.
LDOUST trade ideas
Long LDO Entry Here is My Study on LDO
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
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Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
LDO - Just Hit A Bottom?LDO is setting up for a very good long trade. Currently we are maintaining our 0.618 as support with daily candle bodies. We created a dragonfly doji reversal candle on the daily and we are holding a very key level on our RSI trend. Of course there is a lot of uncertainty with CPI and BTC tomorrow, but LDO does look extremely bullish from the charts.
IS LDO READY FOR THE MEGA BREAKOUT $4.40 ? LDO is one of the coins we follow for the long term.
Trending chart showing that this coin is able to make a Mega breakout coming time, but first of all, it's important to know that we are into a bear market, and even on this trend LDO still seems to have some interesting increase effects.
$2.50 is an important target where our focus is for the coming time, with the possibility of a high 4 USD.
We follow the most coins data online live, LDO shows a difference in data depending on increased view than most coins.
LIDO LDOUSDT Price Analysis (1D)Hey there, TradingView community!
We're excited to share our analysis of LDOUSDT's price with you today.
This asset has been gaining significant traction in the crypto world, boasting one of the highest Total Value Locked figures.
Taking a technical analysis approach, we've identified potential upcoming movements and important support zones to keep an eye on in the next few weeks.
After carefully analyzing previous support zones and Fibonacci levels, it appears that the price might break below the $2.00 support level, forming a Head & Shoulders pattern.
If this happens, we could see price targets around $1.19 and $1.00.
Of course, it's essential to trade smartly with proper risk management strategies in place.
And don't forget to consider potential targets in between, like around $1.50.
Happy trading, and good luck out there!
LDOUSDT - Bullish Trend - 1H TFBased on the chart pattern analysis, it appears that the price is forming higher highs (HHs) and higher lows (HLs), which indicates a bullish trend. Furthermore, the Relative Strength Index (RSI) showing divergence is synced currently. I recommend taking a long trade with a risk/reward ratio of 1:1
Please note that this is my personal analysis and trade plan, and it is important for you to conduct your own research and risk management strategies before making any trading decisions.
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trendline resistance
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