ZEUS Technical Analysis in an 8-hour Timeframe
Updated
Hello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for:
~ Unbiased analyses on trending altcoins.
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Now, let’s dive into this chart analysis:
ZEUS is one of the underrated projects that has been quietly gaining momentum. In July 2024, ZEUS hit its all-time low of $0.1378, followed by a 150% rally.
Currently, ZEUS is trending within a symmetrical triangle, and it will be interesting to see if a rally breaks above the resistance trendline. Conversely, a rejection could likely push the price down to the support trendline near $0.162 (A decent accumulation range).
Key levels:
- Primary Resistance: $0.21.
- Primary Support: 50 EMA.
- Initial Target: $0.34.
- Lower Support: $0.162.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
ZEUS is one of the underrated projects that has been quietly gaining momentum. In July 2024, ZEUS hit its all-time low of $0.1378, followed by a 150% rally.
Currently, ZEUS is trending within a symmetrical triangle, and it will be interesting to see if a rally breaks above the resistance trendline. Conversely, a rejection could likely push the price down to the support trendline near $0.162 (A decent accumulation range).
Key levels:
- Primary Resistance: $0.21.
- Primary Support: 50 EMA.
- Initial Target: $0.34.
- Lower Support: $0.162.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
Trade active
ZEUS is 40% up since last post.
Good profit so far. Cheers!
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