#LDO
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading toward a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel. This support is at 0.741.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are in a trend of consolidation above the 100 moving average.
Entry price: 0.780
First target: 0.805
Second target: 0.837
Third target: 0.870
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading toward a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel. This support is at 0.741.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are in a trend of consolidation above the 100 moving average.
Entry price: 0.780
First target: 0.805
Second target: 0.837
Third target: 0.870
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Join Telegram Channel Signals Futures and Spot
👉 t.me/+WN4RexVn8DM2MTlk
👉 t.me/+WN4RexVn8DM2MTlk
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.