Trade 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...
Lido DAO provides staking infrastructure for multiple blockchain networks, but most notably, the platform provides a liquid staking solution for Ethereum, allowing users to stake their ETH and receive stETH (Lido staked ETH) tokens in exchange. Currently, LDO has the highest total value locked among Ethereum protocols, which is around $15 billion. Anyway, the...
💎currently trading within a wedge pattern and has been following the VWAP 200 for the past few hours. At present, it's consolidating at a specific support level and holding its position firmly. 💎The upper trendline was confirmed after four consecutive lower highs, creating a cycle of lower highs and lower lows. 💎An interesting observation is that it also...
Lido DAO / LDOUSD is inside a short term Channel Down pattern that is within a larger Channel Up. The price is now near the top of the Channel Down. As long as it stays under it, short and wait for a lower bottom but at 1.5000. If it crosses above the Channel Down and closes a 1day candle, buy the break out. In both cases, target 3.5000. In 1day RSI terms the...
Lido DAO/ LDOUSD is rebounding after the 1day RSI got oversold below 30.00. Buy this short term rebound and target the 1day MA50 at 2.000. We are planning a long term buy at the bottom of this Channel Up near 1.2000. Long term Target = 3.5000. Follow us, like the idea and leave a comment below!!
MIL:LDO looks like it's bottomed to me here. I've projected various price target that LDO can see on the way up. First challenge is to surpass the current resistance and then there's a lot of open air above. I think it's likely that MIL:LDO can get up to $7-8 range, but it it can surpass those resistances, I added one final target at the $13 level. Let's...
The trend has been down and the current price for LDOUSDT trades within a lower high compared to the action before May 2022... But we see change. ✔️ The first correction was a steep decline. ✔️ The second correction less steep, a falling wedge. ✔️ The third correction is no longer a correction more like consolidation... We went from a steep decline to moving...
Hi dear friends, hope you are well and welcome to the new trade setup of Lido DAO (LDO) with US Dollar pair. Recently on 10th April, we caught nice pump of LDO as below: Now On a 2-hr time frame, LDO has formed a bullish Gartley move for another price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow...
Hi dear friends, hope you are well and welcome to the new trade setup of Lido DAO (LDO) with US Dollar pair. Recently we caught more than 31% pump of LDO as below: Now on a 4-hr time frame, LDO has formed a bullish BAT move for another price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop...
🔥Hi, friends! Lido DAO is the biggest independent staking platform. A lot of stackers(and money) start to flow here after the US ban the Kraken staking products. I think it's the next crypto gainer, especially if SEC starts to regulate crypto. 📊 MY TRADING PLANS FOR LDO: 1. fall to the $1.93-2.2 value area and test it as support (close above) 2. volume growth...
Trade setup : Bearish breakout from a Channel Up. It also looks like a potential Double Top (bearish). Although still in Uptrend, near-term price could pull back to $2.00 support. Pattern : Price was trading in a Channel Up pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the...
Trade setup : Price is trading in a Channel Up. So far, rejected at $3 resistance but if it breaks through, price could rally to $4. Wait for price to 1) break above $3 or 2) pull back near $2 support for a swing entry in Uptrend. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within...
Hi dear friends, hope you are well and welcome to the new trade setup of Lido DAO ( LDO ). Previously we caught a nice trade of LDO as below: Now on a 4-hr time frame, LDO has formed a bullish Cypher move for another bullish reversal move soon. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss,...
LDOUSD/ LIDO DAO is on a 1 month Channel Up while the 1day RSI is immitating the Channel Down of July/ Aug. This can therefore be a flipped sequence of that fractal and when drawing it on the current Channel Up, it matches the price action surprisingly well. A repeat of the +616.30% rise prior to July's top matches almost to perfection the top as indicated by the...
Hi 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...
Hi dear friends, hope you are well and welcome to the new trade setup of Lido DAO ( LDO ) with US Dollar pair. 3 days ago on 12th Jan 2023, I shared a trade setup for LDO , the priceline pumped more than 19% but so far, it could not hit the sell target zone, this move is still due, and this trade setup is still in play: In the meanwhile LDO has formed another...
Hi dear friends, hope you are well and welcome to the new trade setup of Lido DAO ( LDO ) with BTC pair. Now on a 4-hr time frame, LDO has formed a bullish Gartley 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