ZK INTERNATIONAL (Key Support Found?)
💎Technical Analysis Summary💎
NASDAQ: ZKIN
-The price respected the 0.5 Fib support level twice
-Today's candle is the confirmation of a new support area
-Currently, ZKIN is testing important resistance trendline
-This is the level that needs to break to continue its upward move
-If this resistance level can't be broken today
-Next week trading would be really interesting
-Because we will have a decision-making scenario
-Technically, the market is shifting from ranging to an uptrend
-Our trading bias or priority remains on the Bullish side
-If you are aggressively entering for Long position
-You should place a stop loss below 0.5 Fib
-But if you want a conservative entry point
-Waiting for the trendline resistance breakout is the next option
-Please always have a trading plan and execute them properly
-I will publish a new analysis once new data come into play
⚠️Please always read the description⚠️
A big Thanks for donating 💰 via Tradingview coins this week to CryptoConsultingServices 🙏🎉
``````````````````````````````````````````````
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
-The price respected the 0.5 Fib support level twice
-Today's candle is the confirmation of a new support area
-Currently, ZKIN is testing important resistance trendline
-This is the level that needs to break to continue its upward move
-If this resistance level can't be broken today
-Next week trading would be really interesting
-Because we will have a decision-making scenario
-Technically, the market is shifting from ranging to an uptrend
-Our trading bias or priority remains on the Bullish side
-If you are aggressively entering for Long position
-You should place a stop loss below 0.5 Fib
-But if you want a conservative entry point
-Waiting for the trendline resistance breakout is the next option
-Please always have a trading plan and execute them properly
-I will publish a new analysis once new data come into play
⚠️Please always read the description⚠️
A big Thanks for donating 💰 via Tradingview coins this week to CryptoConsultingServices 🙏🎉
``````````````````````````````````````````````
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!😊💕💖
``````````````````````````````````````````````
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