Support range: 0.6903-0.7160
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(ZETAUSDT 1W chart)
The point to watch is whether the MS-Signal (M-Signal on the 1W chart) indicator can rise above and maintain the price.
In other words, the key is whether it can receive support near 0.7160 and rise above 0.618 (0.8178).
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(1D chart)
The current volume profile range is formed at 2.0699.
Therefore, from the current price position, it is expected that a full-fledged uptrend will begin only when it rises above 2.0699.
In order to show such an uptrend, it is important to first find support near 0.7160 and then rise above 0.8390.
If it fails to rise and falls below 0.6903, it is necessary to check whether it can find support near 0.5408.
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Have a good time.
Thank you.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems that it has been maintaining an uptrend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.
Accordingly, the upward trend is expected to continue until 2025.
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(LOG chart)
As you can see from the LOG chart, the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the upward trend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the upward wave.
The Fibonacci ratio on the right is the Fibonacci ratio of the upward trend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
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No matter what anyone says, the chart has already been created and is already moving.
It is up to you to decide how to view and respond to this.
When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance.
This is because the user must directly select the important selection points required to create Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies.
1st : 44234.54
2nd : 61383.23
3rd : 89126.41
101875.70-106275.10 (Overshooting)
4th : 134018.28
151166.97-157451.83 (Overshooting)
5th : 178910.15
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ZETAUSDT
ZETAUSDT Ascending Triangle PatternZETAUSDT Technical analysis update
ZETA price has formed an ascending triangle pattern on the daily chart and is moving towards the triangle's resistance for a potential breakout. The price is trading above the 100 EMA, which is considered bullish. A confirmed breakout can be anticipated once the price surpasses the 0.80 level on the daily chart. If this breakout occurs, it may lead to strong upward momentum and further bullish action.
ZETAUSDT Bearish Continuation.ZETAUSDT TEchnical analysis update
ZETA has formed a bearish triangle pattern on the 4-hour chart. A breakdown below the triangle's support level has been confirmed, suggesting increased bearish momentum. With this breakdown, the price may potentially drop to the $0.34 level as the next support target. If selling pressure continues, further declines could occur before any signs of a reversal emerge.
Unlocking the Comedy: When Token Vesting Turns into a Token DumpThis particular COINBASE:ZETAUSD COINBASE:ZETAUSD project has a 13% unlock of the circulating supply , which, while not as extreme as BINANCE:TIAUSDT 's 80% set to release in under 48 hours, still presents a solid opportunity for profit. I speculate and anticipate a 15% price drop within four days following the unlock , as those receiving the tokens are likely to sell off a great portion to unsuspecting investors.
When researching the founders, it’s evident they are trying to maintain a low profile , which is often a red flag for projects lacking substance. The founders, Charlie Pyle and Ankur Nandwani, have not made significant contributions relative to the enormous funds they are collecting through this questionable venture. Notably, they recently left or were fired from prominent projects, likely seeing an opportunity to cash in by launching yet another crypto project amidst the sea of existing ones . They seem to be targeting decentralization believers and hopefuls who dream of striking it rich early on, only to find themselves investing in yet another lackluster scheme. Many of these investors are eager to believe in the potential of new projects, but when you look behind the scenes, it’s often just another facade run by self-proclaimed academic philosophers with little to offer .
The upcoming cliff unlock primarily benefits core contributors and advisors, who will receive 11% of the circulating supply monthly from August 1, 2024, to February 1, 2025.
In the chart, you’ll notice some fake pumps highlighted in the green circle I drew. However, the overall trend for this project is clearly downward . The three yellow circles with purple centers indicate the days of each cliff unlock, and it’s evident that selling pressure increases in the days that follow. Keep an eye on these patterns as they reveal the true nature of the market!
ZETAUSDT Is a Major Move Coming? Here’s What You Need to Know!Yello, Paradisers! Do you think #ZETAUSDT is ready for a big breakout, or could it drop even further? Here's why it's a crucial moment for this coin!
💎#ZETA is currently forming an Inverse Head and Shoulders (IHNS) pattern but has lost momentum after a strong rejection at key resistance. The price could retest the demand zone around 0.637 to regain momentum for another attempt to break through the key resistance level at 0.782. If ZETA successfully rebounds from this demand zone and breaks through the resistance, the IHNS pattern will be confirmed. In this scenario, we could see a significant upward move, as the price would have returned to a bullish structure. The highest probability target would be within our projected zone.
💎If the price fails to rebound from the demand zone and breaks below it, ZETA could continue its downward trend, potentially revisiting the strong support zone between 0.526 - 0.497. This area has held up in the past, and we expect it to act as a critical level once again. A strong rebound here would be essential for ZETA to maintain any upward momentum.
💎However, if ZETA fails to show positive signs and breaks below this strong support zone, it would be a bearish signal, likely leading to further downward movement.
If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities! Stay disciplined and trade smart, Paradisers.
MyCryptoParadise
iFeel the success🌴
ZETAUSDT Double Bottom PatternZETAUSDT 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
ZetaChain ZETA price is trading on good volumes. Attention!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
ZETA Update (4H)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, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ZETA ANALYSIS (4H)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 position with a reasonable profit.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
NOT vs ZETAhello guys...
do you see a similarity between these coins?!
so we can consider a bearish trend in not coin!
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✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
ZETA ANALYSIS (4H)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 violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ZETA looks bearishContrary 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 loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ZetaChain (ZETA)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 possibilities for integrating decentralized applications and services.
The current price of ZetaChain (ZETA) is $1.55 with a 24-hour trading volume of $1 million. ZETA has seen an increase of 13% in the last 24 hours, signaling strong market enthusiasm for its interoperability solutions.
Considering ZetaChain's role in enhancing blockchain connectivity and its recent positive market trends, the next price targets for ZETA might be set at $2.25, $2.50, and $4.00. Investors could consider entering a position now. This trading idea capitalizes on the growing trend towards blockchain interoperability, with ZetaChain positioned as a key enabler in this evolving landscape.
Long ZetaI'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 time before the collective catches on and start adopting, developing, and building on this chain.
ZETA looks bullishZETA 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 management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
New Tokens : ZetaChainWhat is ZetaChain (ZETA)?
ZetaChain is the foundational, public blockchain that enables omnichain, generic smart contracts and messaging between any blockchain. It solves the problems of “cross-chain” and “multi-chain” and aims to open the crypto and global financial ecosystem to anyone. ZetaChain envisions and supports a truly fluid, multi-chain crypto ecosystem, where users and developers can move between and appreciate the benefits of any blockchain: payments, DeFi, liquidity, games, art, social graphs, performance, security, privacy, and so on.
ZetaChain is a decentralized and public blockchain network. It is built on Cosmos SDK and Tendermint Consensus. While many cross-chain solutions like bridges have varying, often centralized trust models that have a track record for being susceptible to exploits and hacks, ZetaChain is a Proof-of-Stake blockchain, where all transactions and activity on the platform - even cross-chain transactions - are fully transparent, verifiable, and function in a trust-minimized manner.
Smart contracts can be deployed natively on ZetaChain that can read/write to connected chains. ZetaChain is the only public blockchain to support smart contracts with this capability, enabling a new paradigm of app development.
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IEO Price $ 0.143 / 30 Jan 2024 /
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Investors: CMT Digital Venture, Blockchain.com, Jane Street Capital, + 9 Tier 3 and Tier 4
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We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
🚧ZetaChain(ZETA) Needs Correction[➖20%➖40%]🚧🔥During the last 24 hours, the ZetaChain(ZETA) project has grown over 🚀➕200%🚀 , and it is one of the trending Tokens of the last 24 hours .
📚What Is ZetaChain (ZETA)❗️❓
ZetaChain is a novel L1 that has chain-agnostic interoperability built-in (EVM-compatible, Cosmos/IBC, Bitcoin, Dogecoin, Tron, etc.). Developers currently use ZetaChain’s messaging capabilities to send data and native value (without wrapping assets) between any chains.
ZetaChain will also support native smart contracts, which let developers build omnichain dApps that orchestrate funds across chains from a single contract.
📈From the point of view of Classical Technical Analysis, ZetaChain (ZETA) seems to have succeeded in forming the Descending Triangle .
✅Currently, ZetaChain (ZETA) has managed to break the Support line 🟢.
🔔I expect ZetaChain (ZETA) needs to be corrected, and this correction can continue until the 🎯 Targets ➖20%-40% 🎯 I specified in the chart.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
ZetaChain Analyze (ZETAUSDT), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
ZETA price moves well between levelsA week ago, ZETA was successfully listed at exchanges
The price successfully rose from $0.70 to $2, and on (IEO the price was $0.14-0.15)
Now, the Zetausdt price is in a correction phase. In our opinion, the smooth correction is facilitated by two factors: the successful work of MM and trading contests on several exchanges that give bonuses for trading ZETA. These contests will last until February 15, so you still have time to participate.
As you can see on the chart, the price is currently moving smoothly between levels, so you can try trading from level to level.
But be careful at trading and with stops, as there are levels of $0.90 - $0.72 - $0.53 below, which can easily attract the ZETA price
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