LDOUST trade ideas
LDOUSDT UPDATE : READY to LAUNCHHello Folks !!
Welcome to the quick update of LDOUSDT. As of now, we can see it is trading around 1.57 and currently at the immediate resistance. If it breaks this resistance, we can easily see a target of 25-20% in the short run and it can reach a price of $1.87.
We can take a trade with the below details:
Entry: 1.54 to 1.57
Target: 1.79 to 1.91
STOPLOSS: 1.47
Until then, stay tuned and trade with caution, ensuring strict STOPLOSSES!!
This is not financial advice, please do your research before investing, as we are not responsible for any of your losses or profits.
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LDO is worst asset nowHello, Skyrexians!
I hope most of you remember my last update on LDO where I told you that this alt coin will show us pump to $4-5 when the price was $2. Now as we can see price was unable to break through resistance line and showed the fake breakout. Now it's inside the 0.61 Fibonacci area. If this support zone will be lost I have a bad news for LDO holders. Price will go below this huge range for a long time.
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LDO (Lido DAO): Approaching SupportTrade setup : Price is in a downtrend, trading well below its 200-day MA. It again got rejected at a stiff resistance area of $2.60 horizontal resistance and 200-day Moving Average. Swing Traders: pullbacks near $1.50 support, which has held a few times this year, could be a swing trade entry with +25% upside potential back to $2.20. or even $2.60. Stop Loss (SL) at $1.37. This is a higher risk trade setup since the overall trend is down. Lido (LDO) is the largest DeFi platform and a leading ETH liquid staking platform (see our on-chain analytics and research report) .
Pattern : Price is Approaching Support, which is a level where it could pause or reverse its recent decline, at least temporarily. Support is often a level where price has bounced up in the past, or potentially prior Resistance level that was broken. (concept known as polarity). Once price breaks below support, it can move lower to the next support level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down.
Momentum is Bearish but inflecting. MACD Line is still below MACD Signal Line but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing an upswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $1.50. Nearest Resistance Zone is $1.75, then $2.20.
Trade Setup: LDO Long PositionMarket Context:
LDO experienced a significant sell-off due to the SEC case, bringing it down to high-time-frame (HTF) support. As one of the best ETH beta assets, there's confidence in LDO's potential, especially with anticipated ETH spot ETF flows. For a bullish scenario, ETF flows should exceed 20% of BTC inflows.
Trade Setup:
Entry: Enter a trade at support around $1.40.
Take Profit:
First target: $1.90
Second target: $2.30
Third target: $2.50
Stop Loss: Set the stop loss just below $1.25.
📊 Monitor the market closely and adjust your strategy as needed! #LDO #CryptoTrading #SupportZone 🎯
LDOUSDT | Possible Push Down?Market Context
The crypto market has been quite unpredictable lately, making it challenging to forecast short-term movements. However, I’m sensing a possible downside move for LDOUSDT.
Chart Analysis
LDO is currently hovering within an 8H supply and demand zone, which historically suggests a potential drop before any significant upward movement.
Strategy
Despite the uncertainty, the signs point towards a move lower before a pump. We’re already in the trade with an entry price of 2.3405, betting on this short-term decline.
Key Indicators
• Supply & Demand Zone: LDO is in a critical area, often leading to a price drop.
• Market Sentiment: General market unpredictability leans towards a cautious approach.
Action Plan
Let’s see if this analysis plays out. We’re set up and ready to ride the wave down if it materializes. Stay tuned for updates!
#LDO/USDT#LDO
The price is moving within a descending channel pattern on a 4-hour frame, which is a retracement pattern
We have a bounce from a green support area at 1.67
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 1.85
First goal 2.17
Second goal 2.42
Third goal 2.68
Will staking become the next popular track? ---- LDOConsensys said that ETH developers achieved a huge victory in SEC negotiations. The SEC will end its investigation on ETH 2.0 and will make it clear that ETH will not be considered a security. Although this will not affect the listing of ETH ETF, if the SEC acquiesces to the existence of Staking, the LSD sector will become the next hot track.
Due to regulatory pressure, the LSD sector has always been difficult to obtain mainstream funds. Even in cases such as the ETH ETF being approved earlier, the SEC still stated that it reserves the right to conduct follow-up investigations. As the main verification method of the blockchain, node staking is particularly critical. Although the current TVL of LST has reached US$53 billion, the TVL of the head protocol Lido far exceeds that of other DeFi protocols. However, LDO’s market value ranking is 43rd, which is far lower than the market value of leading protocols in other tracks. It's clearly undervalued at the moment.
It can also be seen from the candle chart that Lido's performance in the past bull market was average and almost remained in the process of fluctuation. And all this may change due to the above-mentioned events. From the TSB indicator, we can see that it has strong adaptability to LDO. After successfully judging the trend many times, the TSB indicator gave a BUY signal on June 16. Although there was an obvious callback afterwards, BUY was not covered by SELL. After that, LDO continued to rise.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Lido DAO Ldo price holds firmly#LDOUSDT price "fell slightly" at night compared to other altos and was very well bought back.
Is there any fundamental news around MIL:LDO ? Do you know anything about it?
As long as there is "strength at buyers", you should at least pay attention to the project, and as a maximum, you should take it)
Buying zone -10% down from the current price
The growth potential is +100%.
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Is #LDOUSDT Ready to Soar? Critical Support Levels in Play!Yello, Paradisers! Are you ready for some potential big moves with #LDOUSDT? Let's dive into the analysis to see what’s brewing!
💎#LDOUSDT is showing signs of a probable bullish continuation from a strong support zone.We have seen #LDO following a descending channel for a long time. Recently, after tapping the descending support, it’s restoring momentum at the key support level of $1.835 within the channel's trajectory.If the price successfully manages to hold momentum at this support, there is a great probability of a bullish ride, similar to previous behavior at this level.
💎If #LDO manages to break above the supply zone of $2.457, it will likely target the next resistance zone. However, if the price fails to hold momentum at the key support, we’re expecting a probable bullish rebound from the lower demand zone around $1.675.
💎 It's vital to maintain vigilance and closely observe #LDO price movements. A breakdown below the demand area, confirmed by a daily closure, would challenge the bullish scenario and could result in further declines.
💎If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities.
Stay focused, patient, and disciplined, Paradisers!
MyCryptoParadise
iFeel the success🌴