ZETAWETH_738EA5.USD trade ideas
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
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.
