ZETAUSDT technical analysis update
The ZETA price has formed a double bottom pattern and is now moving toward the neckline resistance line for a potential breakout. You can consider taking a trade once the breakout is confirmed on the daily chart.
Target: $1.75
Regards
Hexa
OKX:ZETAUSDT price has hit the critical liquidity zone of $0.70-0.80 on high volumes
Those who are interested in such an asset as #ZETA should now closely monitor the price's behavior.
A fix above $0.80 is a direct and fairly quick way to $1.25
Active sales in the $0.70-0.80 zone can provoke a drop to $0.46-0.47 and just from there to $1.25
From where we put the red arrow on the chart, it looks like a correction pattern has started.
It looks like this is a diametric pattern that has now run out of wave C.
It can be expected that for wave D the price will reject upwards.
The targets are clear on the chart. Closing a candle below the invalidation level will violate the analysis
For risk management,...
It looks like ZETA is having a big diametric now in wave C of this diametric.
Wave C also looks like a diamond diametric.
ZETA now looks set to complete wave d of C.
We are looking for buy/long positions on the upper green range and sell/short positions on the red range.
In any direction you entered the position, control your expectations and close the...
It seems that a trading RANGE has been formed on the chart.
Considering the lower H's and lower L's and the formed liquidity pools, it seems that the price is going to reach the lower areas.
If you are risk averse, just wait to buy in the green range, there seems to be good buy orders in the green range.
Closing a daily candle below the invalidation level will...
Contrary to the pump it has done, it seems that zeta can move towards the lower limits.
By maintaining the red range, it can drop further down. We are looking for sell/short positions in the red range.
The targets are clear on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop...
ZetaChain (ZETA) is a cutting-edge blockchain platform designed to enable seamless interoperability across multiple blockchains. It facilitates the cross-chain transfer of assets and data, making it easier for users and developers to interact across different blockchain networks without the need for complex bridging solutions. This opens up a multitude of...
I'm going long zeta here. Zeta has reached good support, it is in this bullish triangle, and the RSI is nearing oversold territory. But, I am placing tight stops on this trade due to the conglomeration of my other indicators all still signalling "SELL". I am taking a bet that they will all soon flip. Zeta is an awesome L1 crosschain solution. It's only a matter of...
ZETA appears to be forming an ABC or more complex bullish pattern.
We now seem to be in wave B, which is a diametric.
The green area is a low-risk area for buy/long positions.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital...
