- Everyone is waiting for trade setups like this! LDO is a very promising altcoin and I will tell you why in this analysis.
- As you can see, the price is moving in an ascending . This channel currently has only 3 touches, so it’s brand new.
- inside the , there is a that is currently breaking out! It’s definitely a great time to buy right now!
- The uptrend started with a strong impulse wave, which is a great indication of strength. Wave 2 has been completed successfully as an ABC and we have already started a third wave to the upside!
- The profit target is at 1:1 FIB extension LOG / 2.618 FIB LINEAR or the top of the on the LOG scale.
- Lido is a liquid staking solution for Ethereum . Lido lets users stake their ETH with no minimum deposits or maintaining of infrastructure – whilst participating in on-chain activities, e.g. lending, to compound returns.
- If you bought this altcoin or if you want to buy this altcoin, then comment on this idea!
Professional trader and analyst. My specialization is in Elliott Wave Theory, Fibonacci tools, chart patterns, candlesticks, and price action. To analyze market structure, I use market profile and volume profile in my trading system. To analyze trends, I use trendlines, VWAP, and simple moving averages.