LDOUSDT trade ideas
LDO Up to 38% Or 117 % !!!After 690 days, we are approaching the end of the triangle. We can expect trend line test, followed by a reversal and a break of the $3.8 resistance zone. This could lead to our first target of $5, and then $8 is not out of the question.
Please note that this is just my analysis, and you should always do your own research before entering a trade. The profit and loss of the trade is your responsibility.
LDO/USDT - A token worth monitoring and trading---------------------------------------------------------------
Description
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+ LDO is consolidating in the support zone and this is a good thing for bouncing back
+ This consolidation zone is also acting as a support for the LDO
+ Once it bounce back we can expect it to reach next resistance.
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VectorAlgo Trade Details
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Entry Price: 3.324
Stop Loss: 3.025
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Targets 1: 3.451
Targets 2: 3.556
Targets 3: 3.794
Targets 4: 4.037
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Timeframe: 4H
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Agree or Disagree with the ideas ? lets discuss in the comments.
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Regards
VectorAlgo
LDO " Price Surge Alert! ๐ - Your Path to Wealth Starts Here"## LDO Coin: Recent News and Disclaimer (as of February 19, 2024, 21:47 CET)
**Disclaimer:** I am not a financial advisor and this is not financial advice. Please do your own research before making any investment decisions.
**Recent News:**
* **Lido Finance, the company behind LDO coin, surpassed $10 billion in total value locked (TVL) across all supported blockchains on February 15, 2024.** This is a significant milestone for the platform, demonstrating the growing popularity of its staking services.
* **LDO price reached an all-time high of $2.91 on February 16, 2024, fueled by the TVL growth and positive market sentiment.** However, the price has since pulled back and is currently trading around $2.50.
* **Lido announced a partnership with Curve Finance on February 17, 2024, to integrate Lido's stETH into Curve's liquidity pools.** This could increase the liquidity and trading volume of stETH, potentially benefiting LDO holders.
**Fundamental Analysis:**
* **LDO is the native token of the Lido Finance platform.** It is used for staking governance and rewards.
* **The Lido platform allows users to stake various cryptocurrencies (e.g., ETH, MATIC, SOL) without the need to run their own validator nodes.** This makes staking more accessible and user-friendly for a wider audience.
* **The growth of the DeFi (decentralized finance) sector is expected to benefit Lido, as staking plays a crucial role in securing and validating many DeFi protocols.**
**Overall, LDO has seen positive developments recently, with increasing TVL, partnerships, and price appreciation. However, the crypto market is volatile, and past performance is not indicative of future results.**
**Additional Resources:**
* Lido Finance website: [ (lido.fi)]
* LDO coin on CoinMarketCap: [ (coinmarketcap.com)]
I hope this information is helpful. Please let me know if you have any other questions.
LDO/USDT Could LDO Break out the Resistance of ATH ??๐ LDO has recently experienced significant market dynamics. Initially, it faced a strong rejection upon attempting to break the resistance at its all-time high, resulting in a significant downward movement back to the demand area.
๐ Currently, LDO appears poised to make another attempt at breaking the resistance ATH, especially as it has also broken out of the ascending channel.
๐ If LDO successfully breaks the resistance ATH on its second attempt, we may witness a notable upward movement, potentially reaching our target area. However, if LDO fails to break this resistance for the second time, there is a possibility that the price will retreat to the demand area to gather momentum for another attempt at breaking the resistance.
๐ LDO must bounce from the demand area upon retracement, as failure to do so could signify weakness in the market. A breakdown below the demand area would be a concerning sign, potentially leading to further downward movement toward the support area or even breaching the ascending channel.
LDO - 180% profit in a few weeks, buy now!LDO looks absolutely strong. It just hit a new all-time high a few weeks ago, and this is serious. What you want to do is buy coins that have reached an all-time high for massive profits. What is the next target? The 3.0 FIB extension is 185% far away, which is good; take profit here. Strong Elliott Wave combos (1)(2)(1)(2) provide a solid trade setup. We can see that the chart formed an ascending triangle, which is a very strong bullish pattern. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Lido DAO is a decentralized autonomous organization (DAO) which provides staking infrastructure for multiple blockchain networks.
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, which represent the user's staked ETH and staking rewards.
Lido DAO is secured by a mix of decentralized governance, audited code and smart contracts. The Lido protocol runs on Ethereum with help from smart contracts that process user deposits and distribute staking rewards, among other functions. Several third-party security firms have audited Lidoโs smart contracts in order to identify and address potential vulnerabilities.
The platformโs native token is LDO - which also serves as the governance token for Lido DAO. Holders can participate in governance proposals and vote on key decisions such as board adjustments, new integrations and platform updates. LDO holders have the right to determine the development and operation of the platform.
Lido currently supports staking for Ethereum and Polygon only with the recent sunsetting of Solana. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
#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??๐ LDO has undergone significant developments in the market. Recently, LDO executed a flawless bounce from the support area, previously acting as resistance.
๐ 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).
๐ 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.
๐ 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 ๐Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
๐ 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.
๐น 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.
๐ 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...)
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich