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ZKIN

#ZK/USDT - Don't waste this opportunity!#ZK The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected. We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected. There is a key support zone in green at 0.03466. The price has bounced from this level multiple times and is expected to bounce again. We have a trend towards consolidation above the 100-period moving average, as we are moving close to it, which supports the upward movement. Entry price: 0.03580 First target: 0.03640 Second target: 0.03720 Third target: 0.03830 Don't forget a simple principle: money management. Place your stop-loss order below the support zone in green. For any questions, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
#ZK/USDT - Don't waste this opportunity!#ZK The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected. We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected. There is a key support zone in green at 0.03800. The price has bounced from this level multiple times and is expected to bounce again. We have a trend towards consolidation above the 100-period moving average, as we are moving close to it, which supports the upward movement. Entry price: 0.0900 First target: 0.04077 Second target: 0.04253 Third target: 0.04425 Don't forget a simple principle: money management. Place your stop-loss order below the support zone in green. For any questions, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
#ZK/USDT - Don't waste this opportunity!#ZK The price is moving within an ascending channel on the 1-hour timeframe and is holding well. It is poised to break out strongly and retest the channel. We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move. There is a key support zone in green at 0.03760, representing a strong support point. We have a trend of consolidation above the 100-period moving average. Entry price: 0.03890 First target: 0.04025 Second target: 0.04211 Third target: 0.04442 Don't forget a simple money management rule: Place your stop-loss order below the green support zone. Once you reach the first target, save some money and then change your stop-loss order to an entry order. For any questions, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
#ZK/USDT - Don't waste this opportunity!#ZK The price is moving within an ascending channel on the 1-hour timeframe and is adhering to it well. It is poised to break out strongly and retest the channel. We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move. There is a key support zone in green at 0.04970, representing a strong support point. We have a trend of consolidation above the 100-period moving average. Entry price: 0.05645 First target: 0.05930 Second target: 0.06255 Third target: 0.06732 Don't forget a simple money management rule: Place your stop-loss order below the green support zone. Once you reach the first target, save some money and then change your stop-loss order to an entry order. For any questions, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
1
#ZK/USDT#ZK The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it We have a bounce from the lower limit of the descending channel, this support is at a price of 0.0676 We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 0.0729 First target 0.0792 Second target 0.0838 Third target 0.0896
Long
by CryptoAnalystSignal
#ZK/USDT — Descending Triangle Key Support, Breakout or Breakd#ZK The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout. There is a major support area in green at 0.03736, which represents a strong support point. We are heading for consolidation above the 100 moving average. Entry price: 0.03853 First target: 0.04019 Second target: 0.04189 Third target: 0.004443 Don't forget a simple matter: capital management. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
#ZK/USDT Trendline Break #ZK The price is moving within an ascending channel on the 1-hour frame, adhering well to it, and is poised to break it strongly upwards and retest it. We have support from the lower boundary of the ascending channel, at 0.05688. We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward move. There is a key support area (in green) at 0.05628, which represents a strong basis for the upward move. Don't forget one simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. We have a trend of stability above the Moving Average 100. Entry price: 0.05665 First target: 0.05866 Second target: 0.5982 Third target: 0.06144 Don't forget one simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
ZKSync Aims to Boost TVL with Ignite Program Following StarknetAs decentralized finance (DeFi) continues to grow, the ZKSync network has introduced a significant proposal, the ZKSync Ignite Program, which could make substantial waves in the market. Designed to elevate Total Value Locked (TVL) and liquidity on the ZKSync Era network, this initiative looks to replicate successful strategies seen with Starknet, building on liquidity incentives to encourage DeFi adoption. ZKSync Ignite Program and the Liquidity Hub Recently endorsed by the ZK Nation community, the ZKSync Ignite Program is set to distribute 325 million ZK tokens over the next nine months, targeting DeFi users who actively engage in liquidity-enhancing activities on the ZKSync Era network. This token distribution aims to build a "liquidity hub" for ZKSync Era’s Elastic Chain, a crucial DeFi infrastructure that supports a broad ecosystem of assets. The proposal outlines three core objectives: 1. Boosting DeFi liquidity (supply-side) by increasing the assets available for trading, with a goal of creating up to $410 million in added liquidity. 2. Optimizing price execution (demand-side) by reducing slippage on both stable and volatile pairs, such as stablecoin-ETH and stablecoin-ZK pairs, to promote efficient asset exchange. 3. Generating sustainable LP fees by targeting a $3 return for every $1 of incentive, creating an economically efficient DeFi marketplace that will continue to thrive post-incentives. ZKSync’s program has also set specific benchmarks for price execution to minimize slippage across different trade sizes, aiming for a maximum of 5 basis points (bps) slippage on trades up to $1 million in stable-stable pairs and 120 bps for stable-volatile pairs up to $1 million. Incentive and Oversight Structure The Ignite Program is structured for optimal transparency and oversight, with the Token Assembly retaining authority to cancel the program at any point if it underperforms. The DeFi Steering Committee (DSC) will manage and review the allocations, adjusting them bi-weekly in response to performance metrics. Token allocations will be directed toward specific pools and assets within DeFi apps on ZKSync Era based on recommendations from OpenBlock Labs, allowing the program to adapt and evolve according to market needs. User Experience Enhancements To enhance the experience, the Ignite website will display available rewards in participating DeFi apps, with pending rewards updated every eight hours. Community feedback is encouraged on whether these rewards should be claimed weekly, adding a participatory dimension to the program. Technical Outlook On the technical front, NYSE:ZK ’s price is currently navigating a rising wedge pattern. Often considered a bearish indicator, a rising wedge typically hints at a potential price decline. However, in ZKSync’s case, this pattern may represent a consolidation phase rather than a bearish trend due to its trading above key moving averages (MA) and its relative strength index (RSI) maintaining a healthy level at 52. These signals suggest resilience and a potentially bullish outlook as the coin stabilizes within the broader market dynamics. Despite these positive fundamentals, NYSE:ZK has seen a slight dip of 1.52% recently. This price action reflects the broader market's cautious stance but does not detract from the robust infrastructure and community-led approach ZKSync is establishing. Future Implications and Market Impact The ZKSync Ignite Program holds promise to significantly enhance DeFi liquidity on the platform, building a self-sustaining liquidity ecosystem that supports both on-chain and off-chain assets. If ZKSync achieves its primary metrics, it may become a pivotal liquidity hub, encouraging wider adoption of the Elastic Chain and ZKSync Era as a whole. The upcoming metrics reports and public dashboards will offer clear visibility into the program’s success, giving stakeholders a tangible measure of its impact on the DeFi landscape. With its innovative approach and strategic design, ZKSync’s Ignite Program is well-positioned to attract both liquidity providers and traders, adding considerable value to the network and potentially elevating NYSE:ZK 's position in the market as liquidity and adoption expand.
Long
by DEXWireNews
$ZKIN Surges Over 139%: A Deep Dive into Recent Developments In recent weeks, ZK International (NASDAQ: NASDAQ:ZKIN ) has captured the attention of investors with an impressive rally, surging over 139% since the beginning of November to its current level of $1.07. This remarkable leap may be just the beginning of more substantial gains, particularly following NASDAQ:ZKIN 's successful bid to regain Nasdaq minimum bid compliance. The company's ability to address this compliance issue organically, without resorting to the common reverse split route, is noteworthy and adds a positive outlook to its future prospects. Nasdaq Minimum Bid Compliance: The recent announcement of ZKIN regaining Nasdaq minimum bid compliance is a significant milestone for the company. This accomplishment not only eliminates listing uncertainty but also positions ZKIN for potential upside moves. Unlike many microcap companies that opt for reverse splits to meet Nasdaq requirements, ZKIN's organic cure of the deficiency suggests a more stable foundation for its stock price. With the Nasdaq threshold now met, NASDAQ:ZKIN is poised to reclaim its 52-week high of $1.34, a mere 10% higher than its current level. Share Purchase Agreement (SPA) with CF Opportunity Fund, Ltd.: Addressing potential dilution concerns, NASDAQ:ZKIN secured a $5 million above-the-market passive Share Purchase Agreement (SPA) with CF Opportunity Fund, Ltd. (CF). This strategic move not only provides a significant financial boost but also instills confidence in the market. The terms of the SPA, with share purchases fixed at $1.70, represent a 39% premium over the current share price. This not only demonstrates CF's bullish stance on ZKIN's potential but also aligns the interests of the company and its shareholders. Financial Performance and Topline Growth: NASDAQ:ZKIN 's triple-digit percentage share price run is supported by tangible factors, particularly its robust topline growth. The company reported a noteworthy increase in comparative six-month revenues in 2023, surging by over 15% to $49,655,399. This impressive growth represents a $6,764,742 jump over the same period last year, showcasing ZKIN's resilience in the face of challenging market conditions, including increased costs of raw materials, especially nickel. Challenges and Market Conditions: NASDAQ:ZKIN 's ability to achieve substantial revenue growth despite challenges in the market, such as rising raw material costs, highlights its adaptability and strategic management. Nickel, a vital component of stainless steel and crucial to many of ZKIN's product productions, has experienced increased costs. Despite this, the company has navigated these challenges effectively, underlining its commitment to sustained growth and profitability. Key Takeaway As ZK International continues its upward trajectory on the Nasdaq, investors are presented with a compelling opportunity. The successful resolution of Nasdaq compliance issues, coupled with a shareholder-friendly SPA with CF Opportunity Fund, Ltd., positions NASDAQ:ZKIN for future success. The impressive topline growth and resilience in the face of market challenges further reinforce the positive outlook for the company. With the potential to reclaim its 52-week high and beyond, NASDAQ:ZKIN appears to be on a path of sustained growth and value creation for its shareholders.
NASDAQ:ZKINLong
by DEXWireNews
1
ZKIN 1D What do you like more? Rising to $14 or falling to 1.80$Back in December 2020, we noticed a global "Head and Shoulders" reversal pattern on the ZK International Group Co., Ltd stock chart and began publishing a series of ideas with reviews of how this pattern worked out. In fact, we made 7 exact ideas for growth from $1.80 to $14.60, pointing out the buy and sell zones during the growth. Since March 2021, there has been a correction on the ZKIN price chart. And finally, after 4 months of falling prices, signals from the chart began to appear that most likely ZKIN shares are buying again. The fall stopped in the liquidity zone of $2.90-3.20 . As you can see from the chart, this liquidity zone is a strong mirror level that has repeatedly played the role of reliable support and resistance. And now we have two scenarios for the development of events in the future: 1) fixing the price below $2.90 will open the way for a fall and retest on the strength of the base of the "Head and Shoulders" pattern to the area of ​​ $1.80 2) Activation of buyers from current prices will open the way for growth first to $7.50 , and globally to $14. Also, working out this scenario can form the "Cup with a handle" trend continuation pattern, but more on that in the next reviews.
NASDAQ:ZKIN
by P_S_trade
23
ZKIN INTERNATIONAL($4 Strong Support?)💎Technical Analysis Summary💎 NASDAQ: ZKIN -ZKIN almost closes below the 4 dollars key support zone -But the bulls defended that region with a strong rejection candle -The price manages to regain above 4 dollars respecting the trendline support -This is a good sign of strength in the short term -Yesterday, the bulls tried to break above the resistance line but failed -If the price will revisit the 4 dollar key level -I think that is the last chance for the buyers to break outside this channel -Technically, this descending channel is bullish but we need a confirmation -A signal to enter a long position is once the trendline is broken upwards -You will have a good risk to reward ratio and a stop loss below 3.8 dollars -The upside potential can be up to 6.5 dollars or the top of descending channel -I'm expecting 1 more trading week before we can see a good market direction -Please be patient and wait for the proper confirmation to trigger the buy button -Stay healthy and keep safe everyone! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins TiborVrbovsky 🙏🎉 `````````````````````````````````````````````` If you need Help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 ``````````````````````````````````````````````
NASDAQ:ZKIN
by PolarHusk
9
ZKIN INTERNATIONAL(Potential New Support?)💎Technical Analysis Summary💎 NASDAQ: ZKIN -ZK may have temporarily found support at low 4 dollars -The price is respecting in this region for the last 9 days -We can also see a strong bullish rejection from here last March 5th -There is also a mini bull flag consolidation on Feb 3-12 before the strong move up -The bulls are trying to hold their current position -But the bears have created another trendline resistance near 5 dollars -If the bulls can maintain this area until next week -I think there is a good chance to clear the downward resistance line -And stop the downtrend move from since March 24 -If you have a current position, please use a tight stop-loss below 4 dollars -Because once this level of support failed, the next stop is somewhere at $3.7-$3.3 -I will give new updates next week, trade responsibly, and stay safe! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins Dinore 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
NASDAQ:ZKIN
by PolarHusk
16
ZKIN INTERNATIONAL(Test 200MA Support?)💎Technical Analysis Summary💎 NASDAQ: ZKIN -The major support at 5 dollars has been broken as the price continue to trade at $4.24 -If you were holding a position at around 5 dollar range, you'd be stopped out already -Now, the trade idea for upside continue is invalid at 5 dollars buy range -Looking at the current market structure, the next potential support could be at 3.6 dollars -This zone is a confluence of previous resistance last January 2021 and the 200D MA support -If the price reaches this level and we see good bullish reversal signs -I think that is a good buy signal and expect a nice swing bounce up to $5-$6 -Again, if the Bull can regain above 6 dollars and maintain a good support -That is the time we can increase our bias for future upside continuation -For now, I will stay on the sideline and wait for proper confirmation -Because sitting in cash is also a position and discipline for proper risk management -Good luck everyone and stay safe! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins Dinore 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
NASDAQ:ZKIN
by PolarHusk
14
ZKIN NASDAQthis idea was meant to be a private one for our greatest donator with a total donation of 2k$ + the bearish bias of this chart is going to end soon as the bulls get in and out in a flash! after such an enormous slippage which is still correction of latest pumps the chart starts to go slowly for its targets so don't rush for profit and expect the recent pump to happen again (at least for now) this idea is meant to be a long-term/high mid-term one 👉This idea has the confirmation of "advanced price action" 👉For more information don't be shy and get in private chat of trading view 👉Hit share and spread the information in public chats or your twitter for everybody to get profit
NASDAQ:ZKINLong
by the-crypto-analyzer
2
ZKIN INTERNATIONAL(Retest Important Key Support?)💎Technical Analysis Summary💎 NASDAQ: ZKIN -ZK failed to hold above 7 dollar area last week and now trading around 5 dollars -This is technically not a good sign in terms of price action -The good news is the price is reacting at the 20MA in the 6D time frame -ZK bounces from this Moving Average the first time it tested last April 19 -The 5 dollars key support area and with the confluence of 20MA -May act as a good demand zone if the history repeats itself again -The price has been in a decline action since March 23 and retraced by -66% -I'm still expecting another attempt to push above 7 dollars -Before deciding if the trend can continue higher or start to end the cycle -The 4.87 dollars is my invalidation level as long as this price holds -If the trend is still our friend, we will try to trade our bias until the cycle ends -As always, please manage your risk and follow your trading plan -See you and stay safe everyone! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
NASDAQ:ZKIN
by PolarHusk
17
ZKIN INTERNATIONAL(Retest 100D MA or go Higher?)💎Technical Analysis Summary💎 NASDAQ: ZKIN -ZKIN broke out of the trendline resistance a few days ago -And the price started trading above 6 dollars range -Currently, we can see the ZK is showing a little weakness -This may lead to a potential retest of the 100D MA support -If the 6 dollar support failed to hold in the coming days -I think to go down to mid 5 dollars range where the 100D MA is located -This will be the second retest of the support and potential act as support again -But if we don't see any pullback, this could play out a mini bull flag -And target the $8 to $9 resistance zone next week -For me, the major support is at 4.8 dollars -As long this level will hold until the midterm -I think any bullish scenario still considered -But the only question now is the chances of probabilities -In terms of risk management, 4.8 dollars is our exit point -Please always trade responsibly and follow your set of rules -Have a nice day everyone! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
NASDAQ:ZKIN
by PolarHusk
18
ZKIN breaking out from Inverted H&S pattern.The price of ZKIN has been corrective for some time and it has almost turned into an overall downtrend. However the losses were capped at $4.86 where the price found price on overall uptrend line (scroll to see) and has formed a reversal pattern. The price is currently a bit overbought and I expect the price to correct a bit before any more upside. I expect a correction to $6.20 with possible stem dips to $5.80, a good spot to get in. Break above $7.15 can bring some serious buying volume as it's usual in this stock price action. Key resistance levels are located at $7.15 $8.00 $8.80 $10.50 $12.00 $14.00 Break of each level will result in stronger bull push to the upside. Good luck! Tibor
NASDAQ:ZKINLong
by TiborVrbovsky
3
ZKIN INTERNATIONAL(100MA Good Support?)💎Technical Analysis Summary💎 NASDAQ: ZKIN -From my update last week, the price continues to fall to 100D MA -ZKIN touches the 100D MA 3x and we saw a bullish rejection on it -The 5 dollar zone is acting good support in the midterm area -Currently, it is starting to break outside the trendline resistance -This is a good sign because it may have found the support -And the Bulls are starting to enter the market today -If we can see a strong push above 6 dollars tomorrow -I think that is the confirmation of support at 5 dollars -And the price could rally up to $7-$8 in the coming days -I recommend waiting for the candle to close tomorrow -Before making any decision to enter but If the market turns out good -You may enter with a stop loss below its lowest wick around $4.85 -With this basic trading plan, you will have a proper risk to reward objective ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins miguelsotelo139 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
NASDAQ:ZKIN
by PolarHusk
17