ZKSync is rapidly positioning itself as one of the top Layer 2 solutions for Ethereum, offering scalability, lower fees, and faster transactions key ingredients for the next wave of blockchain adoption. As Ethereum’s congestion issues persist, Layer 2 protocols like ZKSync are becoming essential, and with its zero-knowledge rollups and strong utility, it is set to...
If someone trying to see the Head and Shoulders on the OKX:ZKUSDT chart and tries to short this asset, they will most likely be “punished”
1️⃣ Well, first of all, the "H&S" is a figure of a global trend reversal, not a local one.
2️⃣ And secondly, in our opinion, #ZK is holding quite well and the chance to see $0.14, and if you're lucky, $0.16, is much higher...
ZKUSDT technical analysis update
ZK's price has broken the W pattern neckline resistance with high volume, showing potential to reach its all-time high (ATH) in a few weeks.
Buy Level: Below $0.14
Stop Loss: $0.114
Regards
hexa
Logarithm. Time frame 1 day. Since the coin is fresh (people sell freebies), and it was recently listed, if the market will be dominated by a downtrend until October, a downtrend channel will be formed in case of a break of the key support.
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Most importantly:
1️⃣ There was aerdrop manipulation , the community got a very...
Hello everyone, a good entry point has formed for zkSync. Bitcoin has almost broken $70,000, and you can try going long with a potential rise to the $5-$18 range.
Overall, if Bitcoin continues its rise to $70k-$100k, all cryptocurrencies will follow, with some showing stronger growth and others weaker. May the force be with us.
#zkSync #ethereum #zk
It seems that we have an ABC on the chart, where waves A and B have been completed and a wave C is left.
The target can be the green box.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
NYSE:ZK 4h chart;
On June 5, it is hovering at the bottom of the bullish channel it entered after the low it hit on June 5,
If it closes below, it may want to test the PWL level and even the $0.1479 support level,
Also pay attention to the downtrend line just above it, because it may sag down as it reacts.
ZK ~ 4H
#ZK Successfully penetrated this resistance line, which has been holding back the price of $ZKUSD.
Bulls are in control for now. Target at least 10%+ for the short term.
ZK/USDT is currently exhibiting strong bullish momentum. I am expecting a significant bullish move in the short term. Please note that this is not financial advice—do your own research.
ZKUSDT technical analysis update
ZK has formed a triangle pattern, and the price is breaking the triangle resistance on the 4-hour chart. If the 4-hour candle closes above the resistance, we can expect a good upward move in ZK.
Buy zone : Below $0.17
Stop loss : $0.154
Regards
Hexa
Analyzing the ZKUSDT chart, I observe several critical elements from a technical standpoint:
Support and Resistance Levels:
Support Levels (S1 and S2): S1 at $0.1365 is crucial as it appears to be the recent low where price rebounded. A breakdown below this could lead to a test of S2 at $0.1256, indicating a more significant bearish sentiment.
Resistance Levels...
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.
(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 –...
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...
My 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.
In 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,...
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...
