The Bullish Flag is just one piece of the puzzle. See the full technical breakdown.
Bullish continuation if preceding move was up.
Gradual reversal from bearish to bullish.
Reversal pattern. Price likely to break downwards.
Indecision. Widening then narrowing range.
LDO is showing interesting structural developments at $0.35. Currently at $0.35, the asset is showing downward momentum (-0.17%). Price action has carved out a classic Diamond. This setup is supported by strong volume turnover. A potential breakout level is identified at $0.38, targeting $0.48 with support near $0.32 (R:R 2.0).
What is your outlook on LDO?