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ZIGUSDT

Zignaly: Basic Technical AnalysisIn January 2024 ZIGUSDT turns bullish and starts to move within a rising channel, higher highs and higher lows. In March 2025 this channel's lower boundary breaks for the first time and ZIGUSDT moves lower. This week, ZIGUSDT moves "back into the rising channel." When this happens, from a technical analysis perspective, we can expect the action to continue as before the breakdown. So we can expect a higher high next compared to early December 2024. The break of support between March and May this year can be considered a shakeout or stop-loss hunt event. Currently, Zignaly has been green five consecutive weeks. This is the first time this happens and is happening with low volume. A recovery above support on low volume means that there is no sellers pressure. No sellers pressure lend additional strength to the assumption that ZIGUSDT can continue to grow in the coming weeks and months. Of course, if the action were to move back below the blue trendline these signals would be invalidated. As long as the action is happening above, we can expect the continuation of the initial bullish trend. Namaste.
Long
by MasterAnanda
Chintai: Basic Chart PatternsThe first pattern (green) is an ascending channel which envelops an uptrend, rising prices. Higher highs and higher lows. Also, a perfect 1,2,3,4,5 sequence, a bullish impulse. In-between the rising channel there is a period of consolidation, producing a bull flag (blue). The bull flag is a bullish continuation pattern, so prices continue rising. The end of this uptrend starts an ABC correction (red) and within this correction we have also a double-top (red). Notice that the double-top doesn't necessarily have to be at the same resistance level but only close to be valid. Wave A starts 17-December 2024 and ends 13-Jan. 2025. Wave B starts where wave A ends, and ends 4-Feb. 2025. Wave C starts 4-Feb. and ends either on the "left shoulder" of the next pattern or the "head." 10-March or 7-April. We take 7-April to be the end of wave C and the classic ABC correction. Even before the correction ends, early reversal signals start the next pattern which ended up as an inverted head and shoulders (orange). The neckline of the iH&S has already been broken giving us a strong bullish signal. This breakout is support by rising volume. These are some of the most common patterns and can be used to read charts. These patterns can be used in combination with other signals. Moving averages, oscillators, the volume indicator and candlestick reading. When coupled with the market cycle you can end up with a pretty accurate analysis. Namaste.
Long
by MasterAnanda
Price Hits Key Support Zone at 0.992 with Potential for Rebound#ZIG/USDT #Analysis Description --------------------------------------------------------------- + The price has reached a critical support zone around the 0.992 range, and there are signs that it may be poised for a bounce back. + Support Zone: The price has hit the 0.992 support level, a key area that could provide a foundation for a potential rebound. + Bounce Potential: Current price action suggests a likelihood of a bounce from this support zone + RSI Divergence: A clear divergence on the RSI indicates a potential shift in momentum, further supporting the case for a possible rebound. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.099014 Stop Loss: 0.076742 ------------------------------ Target 1: 0.110634 Target 2: 0.123872 Target 3: 0.140993 Target 4: 0.161473 ------------------------------ Timeframe: 1D Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
CRYPTO:ZIGUSDLong
by VectorAlgo
ZIG/USDT: Potential Bullish Reversal After Key Support Retest#ZIG/USDT #Analysis Description --------------------------------------------------------------- + ZIG/USDT is currently testing a critical support zone around $0.115 after a strong bullish rally. + The 100-day EMA is acting as dynamic support, suggesting a potential bullish reversal if this level holds. + RSI is around 43, indicating a neutral stance with the possibility of an oversold bounce, leading to higher targets. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: Around $0.115 on support confirmation or above $0.145 on a breakout Stop Loss: below $0.09 ------------------------------ Target 1: $0.145 Target 2: $0.21 Target 3: $0.24 ------------------------------ Timeframe: 1D (Daily) Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo