Price trading within a descending channel
Support zone at 1.75 despite market uncertainty, a key point of interest
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#LDO has been in an overall bullish market while trading within a rising broadening wedge patternπ§
It is currently undergoing a correction phase and approaching support levelsπΊ
This is a key area to watch for bullish reversal setupsπ¨βπ»
It is currently undergoing a correction phase and approaching support levelsπΊ
This is a key area to watch for bullish reversal setupsπ¨βπ»
#LDO
A falling wedge pattern, which is a bullish continuation pattern, was identifiedπ§
The breakout signals expectations of an upcoming bullish rallyβοΈ
Target price level for the bullish rally is $3π―
A falling wedge pattern, which is a bullish continuation pattern, was identifiedπ§
The breakout signals expectations of an upcoming bullish rallyβοΈ
Target price level for the bullish rally is $3π―
#LDO
Lido DAO is finding support at the bottom of a falling wedge on the daily chartπ
A bounce and breakout could trigger a 100-120% bullish wave mid-termπ
Watch for increased volume to confirmationπ
Lido DAO is finding support at the bottom of a falling wedge on the daily chartπ
A bounce and breakout could trigger a 100-120% bullish wave mid-termπ
Watch for increased volume to confirmationπ