LDO/USDT is exhibiting a robust ascending triangle pattern, suggesting a potential move towards testing the Neckline, a critical supply zone.
While I anticipate this level to be breached, transforming into a robust and dependable support for the setup. The Buy back area on the chart should give all the bull an opportunity to accumulate the coin before major move begins and at same time the chart indicates the outlined target.
The stop loss range is an important area that need to be watched closely should incase price turn around.
Your acknowledgment of the analysis and sharing your insights in the comments is highly appreciated.
While I anticipate this level to be breached, transforming into a robust and dependable support for the setup. The Buy back area on the chart should give all the bull an opportunity to accumulate the coin before major move begins and at same time the chart indicates the outlined target.
The stop loss range is an important area that need to be watched closely should incase price turn around.
Your acknowledgment of the analysis and sharing your insights in the comments is highly appreciated.
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LDO moving well within ascending triangle setup with immediate target for price to test the Neckline of the setup.
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Price testing our accumulation zone area, keep accumulating
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Price gotten good bounce from the PRZ
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LDO is doing a good job, let see how this play out. So far the analysis is going as perfectly expected.
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More attention should be placed on the buy back zone as price can still make a test before major upside move begins
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Ldo moving in horizontal channel and we expect it to test the top channel from here.
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