LDO - Next Impulse Starting Soon!

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

After breaking above the $0.8 major high, LDO has shifted from bearish to bullish from a long-term perspective. 📈

This week, it has been undergoing a correction phase within a falling channel marked in red. 🔻

For the bulls to take over and kick off the next impulsive wave toward the $1.5 mark, a breakout above the upper red trendline is needed. 🚀

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich