LDO is bearish for MidTerm (2D)

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
LDOLDOBTCLDOUSDLDOUSDTNeo WaveWave Analysis

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