$LDOUSD - RC -
Added 2023-09-25 10:21:03 +0000 UTCThis is not our typical chart to upload but it meets our requirements of having a Market Cap above $1 Billion, in spite of it being a Crypto.
This has only been on the exchange since November '22 and what we have come to see from a lot of stocks and cryptos that have just joined, they typically start with a corrective wave until they find their feet and $LDO is no different.
In a downward channel here and in the middle of an ABC correction right now, we typically set Wave C to end on the 0.618 Fib but as we know, when the market is typically weak, this can go lower, so for now we need to wait and see where this finds support, this may continue down the channel until then.
