Zk ready for an outbreak (Consolidation - Symetrical Triangle)It surely all matters what bitcoin will be doing at this exact timing. We'll see. I'm bullish on Zk!
Your opinion is valuable for me! Let's get the discussion going.
ZKUSDT.P trade ideas
zkSync Price Collapse or Skyrocket? Discover What’s Next!In the recent trading sessions, OKX:ZKUSDT has exhibited a mix of stability and volatility, with closing prices showing minor fluctuations. The latest closing prices indicate a slight downward trend in the short term.
Exponential Moving Averages (EMAs) provide a clearer picture of this trend. The 9 EMA currently stands at approximately $0.160, showing a slight downward trajectory, while the 20 EMA, slightly higher at around $0.161, also reflects a minor bearish trend. This alignment suggests a potential for continued short-term bearish momentum unless a significant upward movement disrupts this pattern.
The Moving Average Convergence Divergence (MACD) indicator offers further insights into market sentiment. Recent MACD values have been negative but with a gradually diminishing bearish momentum. The MACD histogram values indicate that the bearish momentum is weakening, hinting at a possible consolidation or a trend reversal in the near future.
Relative Strength Index (RSI) values, currently hovering around 46-52, suggest that ZK is in a neutral zone. This neutrality implies that the market is neither overbought nor oversold, providing a balanced perspective on potential price movements.
Key resistance levels to watch include $0.1714, a moderate resistance level that could be tested if bullish momentum gains strength. A break above $0.1735, a stronger resistance level, could signify a more substantial upward movement. The level at $0.1844 is a significant resistance point, and breaching it could indicate a strong bullish trend.
On the downside, $0.1577 is the nearest support level, and a breach of this could lead to further declines. The $0.1518 mark is a critical support level that could act as a strong foundation for potential rebounds. At $0.1333, there is a major support level where significant buying interest might emerge if prices dip this low.
Possible Trade Ideas
For traders considering long positions, monitoring the resistance levels at $0.1714 and $0.1735 is crucial. Entering a long trade near the support level of $0.1577, with a tight stop-loss slightly below this level, could be a prudent strategy. Exiting near the resistance of $0.1714 might offer a good risk-reward ratio.
Conversely, for short trades, the current levels near $0.165 present an opportunity to short if prices fail to breach the $0.1714 resistance convincingly. A stop-loss slightly above $0.1735 could mitigate potential losses. Targeting exits near the $0.1577 or $0.1518 support levels might be advantageous.
The technical indicators for the zkSync price reveal a market in a delicate balance between bearish and bullish forces. While the short-term momentum appears slightly bearish, weakening bearish signals suggest the potential for consolidation or a reversal. Traders should keep a close watch on the identified support and resistance levels to make informed trading decisions.
ZK PriceZK token reflected indecisiveness between the bulls and bears, as the token failed to breach the 50 day EMA mark and faced rejection.
Zk Discounts in the market give the best price, the fall after MTgox provoked panic in the market, I also adhere to the plan that on the 15th will accept #ETF #ETH and this is all against the background of the removal of relail traders from the market, it's time to turn the rate up as many have already capitulated and liquidated!
ZK/USDTThis layer-2 project passed airdrop phase recently!
I think buying at those 2 levels is good idea !
Dont forget DCA!
Follow for more!
zkSync Entry price: $0.1744(ZK/USDT) (June 30, 2024) (#zkSync #Spot)
Layer Zero has started to grow, and ZK is also showing growth. This formation resembles what happened with Notcoin.
zkSync (ZK) — zkSync is a Layer-2 protocol that scales Ethereum with cutting-edge ZK tech. Our mission is not only to merely increase Ethereum's throughput, but to fully preserve its foundational values – freedom, self-sovereignty, decentralization – at scale.
🕵️ Investors (Tier 1,2):
Union Square Ventures, a16z, 1kx, Variant Fund, Blockchain Capital, Lightspeed Venture Partners, Dragonfly Capital, Coinbase Ventures, Ethereum Foundation.
dropstab.com
cryptorank.io
🟢 Entry price: $0.1744
🟢 Take Profit: $0.4700
🔴 Stop Loss: $0.1479
• Spot Market without leverage.
• Trade risk set at 50% of the deposit.
LONG #ZKUSDT from $0.1857LONG #ZKUSDT from $0.1857 stop loss $0.1837
1h TF. The ZK asset has formed a triangle pattern and over the past few days, buyer activity has increased with periodic volume appearances. An additional factor for the movement is the resistance level of several approaches, behind which there is a pool of liquidity. Before entering, I expect accumulation and long movement to the upper resistance levels with the support of buyers' volumes in the order book.
ZKZK coin on the 4-hour timeframe shows a strong breakout. Maintaining this breakout targets the levels specified on the chart.
#ZK/USDT is forming the falling wedge pattern in 4-Hour TF!#ZK/USDT is forming the falling wedge pattern in 4-Hour TF!
#ZKsync is holding a local support level of $0.158. NYSE:ZK needs to break the pattern. Wait for Breakout to open a long position and add some in a spot.
zkSync(ZK) will Drop at least -10%The airdrop of the zkSync(ZK) project was done less than 3 days ago.
The ZK token, which was recently airdropped by zkSync, saw a massive sell-off. Almost half of the original recipients sold their entire token allocation, causing the price of this token to fall by more than -30% within a day. Despite complaints about unfair distribution, data shows that almost half a million wallets have received their share of tokens.
What is zkSync(ZK)!?
zkSync Era is a Layer-2 protocol that scales Ethereum with cutting-edge ZK tech. Our mission is not only to merely increase Ethereum's throughput, but to fully preserve its foundational values – freedom, self-sovereignty, decentralization – at scale.
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zkSync(ZK) succeeded in breaking the lower line of the Parallel Channel and Support zone($0.2170_$0.2100).
I expect zkSync(ZK) to drop at least -10% and continue to drop at least until the Support zone($0.1970_$0.1850).
Note: An important point you should always remember is capital management and lack of greed.
zkSync Analyze (ZKUSDT), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
ZK ZK showing sell side momentum. ZK mitigating orderblock (1) to moving downside and creating minor Bos.
So it was bearish. Order block (3) is next sell side order block. If ZK break this order block, ZK moving upside.
Order block (2) is next buyside order block. If this order block was fail, ZK moving downside.
zkMy favorite is the blue line below
But since they are newly emerging, they want to have something to say. So I determined the goals after the resistance of the red box.
ZK airdrop & CEX listing today. Expecting price to revisit US30¢Ultra low timeframe v.high risk trade:
Sold some after claim.
But bought back in again at ~0.25 USD.
Setting sells at around ~0.3 USD with a trailing stop loss.
Optimistic reminder to self: Even if failed to hit target and left holding ZK instead, already increased initial ZK holding by a small % at the initial re-buy in point for longer-term hold; ZkSync being a super decent L2 project anyway.
5 min Chart:
Note: Measured move target estimated from the lowest level to the level when ZK first entered into the sym-triangle pattern.
1 min Chart:
ZKUSDT: The Path to Millionaire StatusIn the world of cryptocurrencies, ZKUSDT stands out as a diamond in the rough. With its current price hovering around $1.11 and a staggering target of $3.87, this coin is poised for exponential growth. What sets ZKUSDT apart is not just its price potential, but its robust foundation and promising future.
Despite being listed on exchanges like KuCoin, Gate.io, Bybit, and Crypto.com, ZKUSDT has yet to find its place on major platforms such as Binance and OKX. However, the fact that investment teams from these exchanges have already shown interest speaks volumes. The likelihood of ZKUSDT being listed on these giants is incredibly high, potentially catapulting its price to new heights.
Technically speaking, ZKUSDT is currently in the accumulation phase on the price chart, indicating strong support and readiness for a significant upward move. The price targets illustrated on the chart underscore its immense potential.
What's more, the ultimate price ceiling considered as the final target could be surpassed dramatically upon listing on major exchanges. This could turn early holders into millionaires overnight.
ZKUSDT isn't just another cryptocurrency; it's a ticket to financial freedom for savvy investors. Stay tuned for what could be the most lucrative opportunity of the year.
Market Mastery Media
ZK/USDT | 1D 👀This is a great investment asset.
The chart shows an interesting formation: accumulation after the correction of the listing impulse and the formation of an accumulation range, where large players have started gradually buying the asset.
I'm not buying yet; I've decided to watch it a bit longer. However, I've definitely added the coin to my "favorites."
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Polyhedra. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #ZK #Investment #Polyhedra
ZKThe price is in the local purchase zone of 1.270-0.887
The purchase level is 1.134
The price of the total volume is 1,230
The total drawdown was 72.14%
ZK/USDT (Polyhedra Network) Long Entry!Exciting times for ZK/USDT on the Polyhedera Network! It's been turning heads, securing the #3 spot in Top 20 Coins Searches and claiming the #1 position in Most Visited Coins over the past 24 hours.
From a technical standpoint, the recent breakthrough is especially notable. Breaking the descending trendline, which previously acted as a formidable barrier with four resistances, marks a significant shift in momentum. To confirm a bullish trend, however, it's crucial for ZK/USDT to solidify this breakthrough by retesting the support and resistance flip zone highlighted in the blue box. This zone presents a compelling opportunity for a LONG entry, signaling a potential continuation of the upward trajectory.
Keep a close eye on ZK/USDT as it navigates these critical levels, and let's see where this momentum takes us!
Let's wait for the breakthrough of the support and resistance flip zone highlighted in the blue box and its retest on it.
Don't forget to trigger your trade at the retest or meaningful zones such as breaker block, demand zones, or etc.
Have a happy trading time!
ZK Polyhedra Network zones For brand new coin I'll use IAP model. Watch main targets for swing trade
KUCOIN:ZKUSDT
Possible Targets and explanation idea
➡️How to work with model you can find out in my ideas
➡️After listing we got initiation D candle. Now accumulation stage
➡️You can accumulate on each level based on your risk management and strategy
➡️I usually wait ok zone to buy or the best one. If coin not drop to main zones im just skip this trade
➡️27 block is block where more than ok fix and withdraw initial deposit
➡️ Main targets is over listing ath wick candle.
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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