Alikze »» LDO | Descending channel - 1W

2024년 11월 6일

🔍 Technical analysis: Completion of corrective leg of bullish angle pattern

- In the weekly time frame, after the formation of a bullish corner pattern in the supply area, it has faced selling pressure.

- It is currently moving in a downward channel, which has encountered demand by touching the second area of ​​the green box.

💎According to the upward momentum, in the first step, it can touch the target of 1.56, which is also the ceiling of the downward channel.

💎 Therefore, after the failure of the descending channel, in the case of Polk to the green box area, it can touch the next targets of 2.34 and the supply area (the previous major ceiling).

⚠️In addition, if the green box area and Fibo 0.23 of the previous wave break, the bullish scenario will be invalidated.⚠️

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LDOUSDT

1월 5일

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