LDOUSDT.P trade ideas
#1 LDO. Is it gonna pop?LDO/USDT
4hours, 1day, 1wekk the price is all above moving average, which means that this has to go higher. It is holding the support of $2.67 very good, we also got a big impact from that support.
The targets for LDO are $6 for longer term, if we see the price above $4, the rocket to $6 is real.
This is a keeper with a stop loss below $2.50.
LDO/USDT Perfect bounce from the support. Ready for Back to Up??💎 LDO has undergone significant developments in the market. Recently, LDO executed a flawless bounce from the support area, previously acting as resistance.
💎 Observing the candle patterns suggests a probability continuation of the upward movement, aiming to revisit our target resistance and possibly achieve a new all-time high (ATH).
💎 However, if LDO retraces back to the support and fails to bounce or, worse, breaks below the crucial support area, it raises bearish concerns. The support zone holds immense significance, and a breach may trigger a reversal to downward movement, with the next target being the demand area.
💎 To sustain upward momentum, LDO must bounce at the demand area and reclaim the position above the support. Failure to do so could lead to a continued downward trajectory and further price decline.
LDO MIDTERM ANALYSIS (2D TF)"This analysis is an update of the analysis that is linked at the bottom, in the related analysis section"
First of all, pay attention to the time frame. The time frame is large
Our diametric E wave ended exactly in the red box. We expect the price to move from the red supply box to the green range.
Flip line is a strong support. Be careful with this line. For now, we should expect a drop until TP 1.
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 - Following The Wedge 🌙Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 LDO has been overall bullish, trading within the rising broadening wedge in blue.
At present, LDO is undergoing a correction phase and it is currently approaching the lower blue trendline acting as a non-horizontal support.
Moreover, it is retesting a strong support zone marked in green.
🏹 Thus, the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #LDO approaches the lower purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
LDO/USDT It required break this key area resistance to continue!💎 LDO has been garnering considerable attention in the market, especially as it approaches a pivotal resistance area. Historically, this resistance has been a significant barrier for LDO, with the asset often facing hard rejections upon each approach. A successful breach of this resistance could probability signal a substantial upward movement, with the next objective being the Strong Resistance area.
💎 However, should LDO struggle to surpass this resistance, finding itself in a consolidation phase at this level for the next few days, it risks facing another rejection. This could result in LDO reverting back towards the demand area.
💎 The demand zone holds critical importance as it represents the last line of support for LDO's bullish trajectory. If LDO fails to rebound upon reaching this zone and cannot sustain levels above it, it risks a breakdown. A failure to uphold this key support level could lead to a shift towards a stronger support area, indicating a bearish turn for LDO.
LDOUSDT - BULLISH OUTLOOKLDOUSDT is exhibiting a bullish divergence on the 1-hour time frame, suggesting a potential reversal or continuation of the bullish momentum. The recent break above the last lower high adds confirmation to the bullish outlook.
Consider entering at the current market price (CMP) of 3.09, placing a stop loss (SL) at 2.90 to mitigate potential losses.
The suggested take-profit (TP) levels are structured as follows:
Take Profit 1 = 3.28
Take Profit 2 = 3.47
Implement a breakeven strategy by adjusting your stop loss to your entry level after reaching TP1. This approach safeguards your profits while allowing for further upside potential. Keep an eye on market conditions and adjust your strategy as needed.
LDOUSDT|Important areas to enter buying positionsWe have ldo currency chart in daily time frame.
In the weekly time frame, we see the formation of a triangle pattern, in the daily time frame, the neckline of the upward triangle has been broken, I have identified three support areas for you on the chart, I think that this currency is growing well, to buy this currency, These areas are good places, and the red area is the last abyss of this trade, if you reach this area, you can completely exit your position.
The initial target for the price growth is $9, if it can start the upward movement, I will put the next targets in the update.
Lido DAO (LDO) completing a setup for upto 38.50% pumpHi dear members , hope you are well and welcome to the new trade setup of Lido DAO (LDO) with US Dollar pair.
Previously we caught almost 44% pump of LDO as below:
Now on a daily time frame, LDO is about to complete a bullish Gartley move for the next price reversal.
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: Potential in the Ascending Triangle1. Pattern Recognition:
LDO is currently exhibiting a substantial ascending triangle pattern on its chart. This pattern signifies a consolidation phase where the asset is preparing for a potential breakout.
2. Breakout Catalyst:
An impactful event occurred as LDO experienced a shakeout beneath the ascending trendline. This shakeout provided a significant boost in momentum, setting the stage for a robust upward movement.
3. Steady Uptrend:
Post-shakeout, LDO initiated a rapid ascent, marking a clear and powerful bullish trend. This move included a successful breach of the previous all-time high, indicating heightened buying interest.
4. Potential Retest Scenario:
As part of a typical price action following such an intense rally, anticipate the possibility of a retest of the ascending trendline. This retest could act as a validation of the newfound support and serve as an attractive entry point.
5. Price Target:
In the absence of strong resistance levels, the next price target for LDO could be around the $7 mark. This projection considers the previous price action and the potential for an extended bullish trend.
6. Risk Management:
Implement risk management measures by setting stop-loss orders below key support levels. This strategy helps mitigate potential losses in the event of an unexpected reversal.
7. Watch for Confirmation:
Continuously monitor the price action for confirmation signals, such as increased volume and bullish candlestick patterns, supporting the sustainability of the uptrend.
8. Timely Execution:
Timing is crucial in crypto trading. Execute trades strategically, especially during potential retest scenarios, to maximize the opportunities presented by the ascending triangle pattern.
LDO/USDT Probability upward momentum from demand zone? 👀LIDO💎Paradisers, direct your focus to #LDOUSDT, as it's currently exhibiting indications of a bullish continuation from a crucial demand level.
💎 #LidoDAO is currently on an upward trajectory, suggesting a bullish trend around the demand level of $3.009. We expect a retest of this level before #LDO continues its climb. Holding steady above this point could pave the way towards the major supply zone at $4.012.
💎 However, if #LDO faces resistance in maintaining its bullish trend at the $3.009 demand level, we may need to recalibrate our strategy. Such a scenario would prompt us to consider a bullish push starting from a lower demand level at $2.407.
💎 It's essential to keep a close watch on this development, as breaking below this level could signal a need for a strategic pivot and underline potential challenges in sustaining bullish momentum in the #LDO market.
