LDO NEXT BULLISH MOVEMENT !

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Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.

LDO IS RETESTING OUR SUPPORT, WHAT'S NEXT!

As we can see price broke above our resistance zone previously and now, we are retesting it again.

From a short term perspective price is overall bearish trading inside this channel

As the price will be approaching our support zone, we will be looking for new longs as well.

For the bulls to kick in for now we need a new swing high to be formed around the trendline then a break

Until that price can still dive more lower before a new reversal to be formed

If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!
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Chart PatternsSupport and ResistanceTrend Analysis

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