LDO Bullish Scenario ($5 First Target)
The three main reasons I see this as a good buying area are:
1. Bullish Ichimoku Cross
Very bullish signal along with a potential green cloud / if the price closes above the cloud
2. Bottom Channel
Currently at the bottom of the channel near lows, may see a spike down to grab this liquidity
3. Green Cloud
Ideally, we see a green cloud emerge indicating a new bullish trend and adding onto the strength of the bullish Ichimoku cross
Fundamentals:
They have an impressive amount of funds locked, the project seems solid and the macro seems aligned for a good buy
1. Bullish Ichimoku Cross
Very bullish signal along with a potential green cloud / if the price closes above the cloud
2. Bottom Channel
Currently at the bottom of the channel near lows, may see a spike down to grab this liquidity
3. Green Cloud
Ideally, we see a green cloud emerge indicating a new bullish trend and adding onto the strength of the bullish Ichimoku cross
Fundamentals:
They have an impressive amount of funds locked, the project seems solid and the macro seems aligned for a good buy
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