ZETA

#ZETA The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout. There is a major support area in green at 0.1777, which represents a strong support point. For inquiries, please leave a comment. We are in a consolidation trend above the 100 Moving Average. Entry price: 0.1800 First target: 0.1833 Second target: 0.1865 Third target: 0.1900 Don't forget a simple matter: capital management. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.

Waiting for the price to come at our level and only enter if we some bullish momentum. The setup has been marked. DYORThe entry was early as it should bullish momentum earlier.. sometimes it can happen.

The price has currently corrected well. However, it is expected to correct another 20 to 30 percent. I see around $0.2026 as the bottom for this currency, and from there, it could start its move towards $0.8. If the bottom of $0.2026 is lost under any circumstances, there will be no barrier to holding the price, and it could drop to around $0.0718. Having this currency on your watchlist is not a bad idea.

ZETAUSDT Here with another speculation about crypto assets. This time Zeta Chain with ZETA ticker. Let’s take a look at the project’s information: ZetaChain is the first Universal Blockchain with native access to Bitcoin, Ethereum, Solana, and more, offering seamless UX and unified liquidity to the next billions of users. ZetaChain is designed to be a decentralized cross-blockchain smart contract platform. The vision of ZetaChain is to be a public computer on all important blockchains, on top of which cross-blockchain decentralized applications can be easily built as public, trustless, and persistent smart contracts. Source: Zetachain.com, Zetachain “Whitepaper”. ZETA Market Cap: $ 383 m Market Cap Rank: 179 Market Price: 0.74 $ ATH: $ 2.7 (-72% now) ATL: $ 0.326 (+127% now) Technical highlights: - W1: Trend: Last LL created on Aug.2024 and since then price printed higher lows and higher highs (with a Bullish engulfing candle) indicating that trend is bullish. This pattern still valid till time of writing. There was a bearish trend line (series of LH and LL) that been broken by recent trend changes. Last week this trend line tested successfully as a support level. This is another positive vote for bullish trend alongside with other signs. (PS: it won’t be enough solely for change in trend) MA: The price managed to break above the MA 20 kept it self above it for the last 3 week with good volume to confirm its uptrend. RSI: Value is around 50 and is natural in weekly time frame. OBV: as you may know on balance volume is a momentum indicator that tries to show possible smart money movements but it can be inaccurate sometimes and it’s better to combine it with other indicators like MA or BB. Current OBV value and Bollinger bonds value votes for possible smart money flowing in. OBV with MA broken out and gives the same bullish signal. Volume: in last 4 months we can easily see the volume surge. The volume increase at the end of rallies signs for possible trend reversal. This must be checked with OBV, RSI and other indicators for clearer result. In my point of view volume matched current bullish trend and they are in the same direction. - D1: Trend: The major barrier at $ 0.75 to $ 0.78 has been removed and absorbed by buy orders. This level been a major resistance level for more than 4 months. Just like what we’ve seen in W1 chart bearish trend line broken and tested as support with solid move. MA: price moves above all key Mas like 10,20,50,200 in daily time frame. 2 days ago last critical MA (MA200) broken successfully. This move comes into my attention because this level was a horizontal resistance level too (above mentioned). So this break out shows strength in this move and signals green candles ahead. RSI: RSI is 57 and has more room to get more strength. I expect to see RSI to follow uptrend soon. As long as it values more than 53.5, I remain bullish for the trend direction. Like most other altcoins, there is a golden cross in the MAs about to happen. That signals more uptrend in the coming days. Supports: $ 0.76 Ma200 in D1 $ 0.68 MA50 in D1 Resistances: $ 0.88 D1 Local high $ 1.12 - $ 1.35 $ 1.65 to $ 1.75 supply zone Conclusion: All these opinions are mine and can be wrong, so please DYOR. According to its use cases and small market cap I think this project has a great potential to grow more and ascend in market cap ranking, and I will buy in steps and after confirmation of a successful S/R test on MA200 in daily time frame. If price managed to absorb/break $ 1.75 supply level I will update this chart. My strategy goes as below: 🛒 Pair: ZETA/ USDT 🛒 👑 Bitcharge 👑 🕰 29/11/2024 🕰 POSITION: 🟢"Buy"🟢 2 % of capital 🛒 Buy1: $ 0.73 – $ 0.77 🛒 🛒 Buy2: $ 0.65 – $ 0.68 🛒 DCA 👉Sell Targets👈 🎯TP1: $ 0.88 🥉 🎯TP2: $ 0.98 🥈 🎯TP3: $ 1.12 🥇 🎯TP4: $ 1.22 🚁 🎯TP5: $ 1.35 ✈️ 🎯TP6: $ 1.49 🚀 🎯TP7: $ 1.65 🛰 🎯TP8: $ 1.74 🛰 ⛔️ SL: $ 0.60 ⛔️ by closing D1 Below Your support gives me more energy to carry on...Moving

Today, I will review several Layer 1 projects that have the potential for significant short-term growth. Please check my chart. Zeta Chain is a high-performance, decentralized blockchain platform designed to address the scalability and security challenges faced by traditional blockchains. It aims to provide a robust infrastructure for decentralized applications (dApps) and smart contracts, enabling faster transaction speeds and lower feeswe have a lower entry point than expected, buy at this point tagert unchanged

Ascending Triangle, bottomed out and reversal in motion of downtrend breakout. The chart is pretty self explanatory. Careful with risk management.After the breakout, the price retested the triangle and found support 2 times. Now there is only the major horizontal resistance left to start its move towards the target.Zeta keeps on disappointing. I am guessing this is something to do with the unlock schedule of the token vesting. I probably wont be buying anymore vested coins as they tend the get heavy selling pressure as we experienced here with Zeta. Narrative is good, brand is great, chart looks great, did its retest even after breakout but kept on getting sold. Not a good look.

ZETAUSDT.P TECHNICALS - 18AUG2024 - waiting to see what price action and volume decides

Hello Traders, I've identified a compelling long opportunity on ZETA cryptocurrency. We've hit a sticky point and are currently seeing a 4-hour bullish divergence on Market Cipher B. This setup suggests that a long position could be favorable. Key Points: Sticky Point Hit: ZETA has reached a significant support/resistance level, indicating a potential pivot. 4H Bullish Divergence on Market Cipher B: This divergence is a strong indicator of a possible upward move, making it an ideal entry point for a long position. Target: Golden Pocket Zone: Our target for this long trade is the golden pocket zone, a crucial Fibonacci retracement level known for its high probability of price reversal.

Head and Shoulder pattern observed which can lead to 10-15% dump. Ascending Channel observed. Breakout of Resistance Line at 1.75 is SL. Reversal confirmation at lower line of channel is 1st TP. Resistance Line at 1.60 will act as 2nd TP if Reversal Confirmed. If Resistance line at 1.60 breaks down then 3rd TP at 1.5.

Ascending Channel observed. Breakdown of channel is SL. Reversal confirmation at upper line of channel is TP. Strong Resistance at 1.67 can also act as TP if Reversal Confirmed. If upper line breaks out then TP at 1.75. Double bottom pattern observed which can lead to 10-15% pump.Reversal from Resistance line at 1.67 confirmed. Trade closed at profit.