LDOUST trade ideas
$LDOUSDT: Good to have some shorts...As the Shanghai fork gets closer to materialize, the idea of a supply shock affecting crypto market stability becomes more important to consider. 15 million Ether deposited by 485k validators are currently locked in the Beacon chain and will be freed in one month give or take. I'd be ready to short if presented with opportunities to do so, it is imperative that traders are flexible and keep an open mind and trade setups as they come.
In this case, $LDOUSDT offers a low risk short here, while we still have bullish signals active in other coins. It's probably reasonable to trade both sides in different coins if you're actively trading crypto, managing risk and not focusing on hodling things at all costs, that only works while the trend is extremely stable and pointing up, but at some point you need to secure gains to not participate on the humongous drawdowns that characterize this space.
Best of luck!
Cheers,
Ivan Labrie.
LDO NEXT BULLISH MOVEMENT !Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
LDO IS RETESTING OUR SUPPORT, WHAT'S NEXT!
As we can see price broke above our resistance zone previously and now, we are retesting it again.
From a short term perspective price is overall bearish trading inside this channel
As the price will be approaching our support zone, we will be looking for new longs as well.
For the bulls to kick in for now we need a new swing high to be formed around the trendline then a break
Until that price can still dive more lower before a new reversal to be formed
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Lido DAO (LDO) formed bullish BAT for upto 12.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Lido DAO ( LDO ) with US Dollar pair.
Previosly the priceline moved slight down than potential reversal zone, however, recovered soon and pumped well.
Now on a 2-hr time frame, LDO has formed a bullish BAT move.
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
$LDO - LIDO DAO showing signs of weaknessLDO I think will soon provide an opportunity for long-term investors and/or macro swing traders.
- Trend is showing signs of weakness from a technical standpoint
- Entering logical sell off area
- Filling in massive wick liquidity
- HTF support un-tested
This could have a blow-off top candle, but I'd expect retracement in the coming weeks. Not interested in buying up here, focused on swing shorts or patience to go long.
What do you think > comment!
LDO/USDT TECHNICAL IDEALong term technical idea - short term bearish scenario.
Locally lots of resistance based on:
- 2 fib retracements:
from latest higher high to latest higher low 0618-066; 0.786;
bullish trend based fib retracement 0.5, 0.618
- Bearish engulfing last 1D candle;
- CVD:
bearish divergence;
taker sells crossing taker buys
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- RSI divergence (lower highs while price higher highs)
Thesis: retrace to 0.5-0.66fib, then possible uptrend continuation towards 1-1.13 trend based fib
Second thesis (less probable): back to 1.13 bearish harmonic pattern of this HTF price action (not drawn) around 0.060 USDT
Liquid staking: Any prospects with $LDO?This is a continuation of our previous idea :
In the first part, we dissected native staking, the current situation, and made a firm prediction about what Ethereum will face next. In this article, we will define liquid staking, examine current data and the most important liquid staking protocol, Lido, and forecast what's next for the $LDO native token.
What is liquid staking?
Liquid staking is a method of staking in which the user receives derivative tokens from the provider protocol, such as stETH from the Lido protocol, which can be used to generate additional revenue through DeFi protocols or converted to any other token via CEX or DEX.
What is $LDO?
Today, there are 9 most popular liquid staking protocols that account for ~40% of the total market. Lido is the most popular protocol (~28.9% of total staking volume and 87.5% of liquid staking volume).
LDO is a governance token. It does not entitle holders to a share of the generated yield or commissions. The token also has additional inflation. Lido constantly cooperates with different projects and provides incentive awards for pools with its tokens. 2-3 million LDO per month. But the number of allocated rewards is gradually decreasing.
Smart-money in $LDO
We should also mention the smart money that invested in $LDO tokens in the early stages. In short, all of the major funds that invested in $LDO are still holding their tokens, and many have not sold them at all. Paradigm, for example, increased the capitalization of its investment from $50 million to $130 million.
The only exceptions were Alameda Research and 3AC, which had serious issues in 2022 and required funds for liquidity and closing payment gaps.
WHAT SHOULD WE DO WITH LDO?
The capitalization of all liquid-staking protocols will increase because their product offer alleviates users' pains and makes them more agile. LDO is the locomotive of this trend; compare it to Ethereum in the Layer 1 segment. While LDO may appear to some to be outdated, there are protocols that provide better and more flexible terms to their users. However, betting on the growth of LDO is betting on the growth of the entire segment. If you want to make a lot of money, you should look for protocols that are less well-known by the general public.
Smart money believes in LDOs, but you must understand that their margin of safety is greater than that of a single trader. Always assume that your investments will be long-term.
Users trust Lido because their ecosystem has been tested in the market, their derivative token stETH has been attacked by other market participants, and the Lido team knows how to deal with it.
To summarize, a long in LDO is a bet that the liquid staking protocol segment will expand further, and you choose the market-tested protocol among others.
By the way, you can trade $LDO with us. Check the signature. Write your comments abut LDO and don't forget about risk management!