ZK / TetherUS
Long
Updated

ZK Local Trend. Wedge. Reversal Zone and %. 2025 12 27

663
Logarithm. 3-day timeframe.

Main trend for clarity (lower zone of the descending channel).
Declines from the high ("funds are buying 458 million worth of nothing") - 90%.

The long squeeze, due to the extremely low liquidity of the former hyped "saving the world" instrument, was carried out by a phenomenal -93% on a half-empty order book.
snapshot
snapshot

Secondary and local trends.
The key is a breakout of the descending wedge and local resistance zone.
Reversal zones and % of key support/resistance levels for building a trading plan and risk management. snapshot
snapshot

Most market participants find it very unpleasant and difficult (they can't bring themselves to) to buy low (fear) and sell high (greed). For them, it's the other way around.

Manage your risks and stick to your trading plan. Don't get caught up in market and news noise, which shapes the opinions and illogical actions of the majority, who are doomed to lose in the future.
Trade active
April 14, 2026 snapshot snapshot A full-fledged three-wave descending wedge has formed in the secondary trend. In case of a breakout, targets are at key resistance levels.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.