LDO is bearish for MidTerm (2D)

1月14日

Before anything, pay attention to the timeframe; it’s a 2-day timeframe and requires patience.

From the point where we placed the red arrow on the chart, it seems that the bullish LDO pattern, which was a triangle, has completed. LDO has now entered a bearish pattern of the same degree as the previous bullish pattern.

LDO is expected to remain bearish in the medium term and not break above the red box marked on the chart.

The low-risk area for buy positions in spot has been identified for buyers.

The closure of a daily candle above the invalidation level will invalidate this analysis

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You

2月28日

交易進行

After hitting the red zone, it dropped more than 36%. The movement was on a higher time frame, and it took quite some time.

4月10日

交易結束：目標達成

After hitting the Supply zone without touching the invalidation level, it dropped more than 63% and reached the highlighted green zone, completing wave e.

We will publish updated analyses on LDO soon.