$ZBT Technical Analysis: Trend Improving, Buy on Dips

Recently, ZBT's market has shown a typical "Bottom-Building - Rising - Retracing" technical pattern.

Since mid-December, prices have rebounded from the bottom and successfully broken through multiple moving average resistances. Currently, the price at 0.1265 is within the critical range of 0.1200-0.1400, presenting an overall oscillating upward pattern.

In terms of key technical levels, support is mainly concentrated around 0.1200 and 0.1100; resistance levels to watch are 0.1400 and 0.1600.

The moving average system indicates a clear short-term upward trend. The MA5 and MA10 have formed a bullish arrangement, and the MA5 has crossed above the MA10, confirming a short-term upward channel. Although the MA20 is still trending down, signs of flattening have appeared, suggesting that the medium-term trend may strengthen.

Regarding momentum indicators, the MACD's DIF and DEA have formed a golden cross and continue to rise. The histogram has shifted from green to red and is gradually expanding, indicating that bullish forces are dominating and upward momentum is sufficient. The RSI is at 56.39, within the neutral to strong range of 50-70, and no overbought signals have appeared yet, still having upward space.

In the KDJ indicator, K value is 18.80, D value is 30.56, and J value is 4.72. The J line has quickly risen from a low position and has slightly pulled back, currently in the early stage of a golden cross, suggesting that there may be a technical adjustment needed in the short term, but the overall trend has not changed.

Volume analysis confirms the health of the trend. During the rising phase, trading volume significantly increased, especially around December 26, indicating active capital inflow; during the retracement process, trading volume noticeably decreased, which is a healthy cleaning characteristic.

Based on the above technical analysis, it is recommended to primarily operate in a long position, seizing the retracement opportunities within the upward trend.

Entry Point Planning:

First Entry Point: Enter when it retraces to the critical support level of 0.1200; if this level is effectively broken, stop-loss out;

Second Entry Point: Layout when it retraces to the MA5 moving average or the middle band of the Bollinger Bands, at this time the moving averages and technical indicators resonate, providing relatively higher safety.

Risk Control Measures:

Take Profit Targets: First target at 0.1400, second target at 0.1600;

Stop-Loss Setting: If the price effectively breaks below 0.1100, promptly stop-loss to acknowledge the mistake.

ZBT is currently showing a bullish trend in the short term. You can take long positions after the retracement stabilizes while maintaining strict risk control.

If you don't know how to time your entries, you can follow Candle Dragon, who will provide real-time analysis in the village and give you the current best entry points!! #美联储回购协议计划 #比特币与黄金战争