evasivesteering

Accumulation plan for LDO

BINANCE:LDOUSDT   LDO / TetherUS
LDO, which stands for "Lido, a Delegated Proof of Stake (DPoS) staking protocol for various cryptocurrencies, including Ethereum (ETH) and Terra (LUNA). Lido aims to provide liquidity to users who stake their tokens on these blockchains.

In my opinion, LDO is forming an interesting pattern, the accumulation schematic following Wyckoff method.

As in chart, the yellow area would be a good place to buy LDO. So it's still soon to accumulate it.

What do you think about LDO and this plan?


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.