#ZETA/USDT#ZETA
The price is moving within a descending channel on the 1-hour frame and is expected to continue lower.
We have a trend to stabilize below the 100 moving average once again.
We have a downtrend on the RSI indicator, supporting the upward move with a breakout.
We have a resistance area at the upper limit of the channel at 0.3088.
Entry price: 0.3022
First target: 0.2924
Second target: 0.2858
Third target: 0.2780
Zetausdc
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 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