ZAC Crypto Signals

BTC/USDT

As per my last analysis (attached on the chart), we know that the correction already started as BTC broke below the last H1 low.

Now what?

🏹 BTC is still overall bearish, and we are expecting a movement till the lower bound of the orange channel which is also lining up with the previous daily low in green.

📈 As per my trading style:
As BTC approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

UNLESS the green daily low is broken downward. In this case a deeper correction movement till the 25,000 support would be expected.

https://t.me/zaccryptosignals
https://t.me/zaccryptosignals
https://t.me/zaccryptosignals

Here is why the purple circle is a strong zone to keep an eye on:

1 => Oversold Zone
XRP is bearish short-term trading inside the falling channel in red and now approaching the lower red trendline which I consider an oversold zone.

2 => Overall Trend
XRP is bullish medium-term trading inside the rising broadening wedge in blue and now approaching the lower blue bound / trendline acting as a non-horizontal support.

3 => Support Zone
The green zone is a previous resistance turned into support.

As per my trading style:
As XRP approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break, and so on...)

📚 Hope you find this post useful. It's important to always adhere to your trading plan, including entry points, risk management strategies, and trade management techniques.

LINK/USDT

LINK has been stuck inside a big range for a couple of months now.

At least it hasn't melted like many altcoins during the bear run.

🏹 For the bulls to take over long-term, we need a break above the entire range / above 9.5

Meanwhile, since we are approaching the lower bound of the range, we will be looking for short-term buy setups.

📉 From a medium-term perspective, LINK is overall bullish trading inside the flat rising channel in red.

Moreover, the orange zone 6.5 is a strong support.

🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the orange support and lower red trendline. (acting as non-horizontal support)

As per my trading style:
As LINK approaches the lower purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

t.me/zaccryptosignals

ETH/USDT

As per my last two ETH analysis (attached on the chart), we were looking for trend-following buy setups around 1750

📈 ETH traded higher and broke above the 2000 resistance. Now What?

We are currently in a bearish correction phase inside the rising wedge in orange.

🏹 For the bulls to take over again, for another impulse movement upward, we need a break back above 2000

UNLESS ETH breaks below the lower orange trendline and gray zone, then we will expect an over-extended bearish movement till the 1750 support again.

Follow for more updates

📉 After rejecting the 0.02 round number, RBC has been stuck inside an Accumulation Phase in the shape of a channel highlighted in orange.

Moreover, RBC is forming an inverse head and shoulders.

🏹 For the bulls to take over, we need a momentum candle close above the green zone which would also be breaking above the head and shoulders neckline, orange channel, and accumulation phase for the MarkUp phase to start.

Rubic is a Cross-Chain Tech Aggregator for users and dApps which allows you to swap any of 15,500+ tokens, on & between 40+ major blockchains and 90+ DEXs and bridges in one click.

I like the project overall, so I'll be keeping a close eye on their upcoming news and features that would be the catalyst to pull the price up.

Follow for more updates