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Z1P

ASX:Z1P about to Plunge to the abyss🚨👿🚨The charts dont lie. ASX:Z1P is drawing one hell of chart pattern if it is confirmed, ASX:Z1P bulls may have hard time. This pattern is none other than H&S . From ZIP has been hovering above 6$ for a while but apparently things start taking another dimension. It is not only hanging on a thread but also looks like it is waving bye bye to the extension we saw above 6$ and to the bull trend if the 5.8$ barrier is broken. The chart shows it all and the H&S neckline is broken we may see price falling to the level seen earlier in May 2020. I am not excluding seeing the 3.7$ level where we have a strong base and support for this stock to prepare for further attacks towards the 10$ range. Also, remember of the gap between 3.7$ and 4.7$, although gaps dont necessarily have to fill, they most of the time fill, maybe this stock want to fill the gap. For now I am waiting for next few days to see if 5.54$ will be reached and to see if it will hold. If it does, I may open a small position that can be scaled if 6.3$ is taken. I will keep you posted for any small change on this stock. For now it will stay on my RADARs. Stay safe.
ASX:ZIP
by xtf_ze_trader
3
🔥 Z1P - Completing the RIGHT SHOULDER 🔥Afternoon All After updating our previous chart on Z1P this is what we’re looking at right now: - We’re currently at this key level of liquidity, we we’re seeing a lot of sell pressure mounting around that $8 level. - This lines up PERFECTLY with our 50 Fibonacci level & somewhat completes the right shoulder of this huge formation - If we’re to see this play out Z1P will be bearish from this level (thereabouts) and start moving back towards the 5.50 Demand Level, we spoke about in our previous Trading View Idea that I have linked. - Our indicators are as follows: o CCI is forming a bearish divergence o RSI is forming the same o Steamroller is looking like its firming entering Overbought and we’re looking like we’re well and truly stretched. Looking forward to Z1P quite possibly completing this formation.
ASX:ZIPShort
by Unity-Trading-Group
5
Bullish Momentum for Z1P Targeting $7.50Hello Fellow Trader! Z1P has been well supported at $6.30 for the past week, even during that short term sell off after Presidential debate, buyers came back through holding price within this range. Many signals on the daily and 1 hour are now suggesting further support to the upside, and a recovering Nasdaq’s 8% rise since the 24th of September suggests the tech/payment sector could well be back in force. Key Points: - Daily – Price above 50 EMA - Daily – Price Above 200 EMA - Daily – Range break out with increased volume - Daily – Gap void between $7.50 - $8.00 - Daily - $8.00 Clusters with 50% Fibonacci Retracement - 1 – Hour – Above 50 and 200 EMA - 1 – Hour – Breaks $6.50 range - 1 – Hour – Increased volume during long bull bar Key Levels: Support – 200 EMA, 50 EMA, $6.50 Resistance – $7.00, $7.50, $8.00 Entry Zone: Optimal entry provides the greatest reward to risk ratio while supporting entry is a zone for reversal signals. Optimal Entry – $6.50 Supporting Entry – $6.70 Candle Reversals for entry - Bullish Hammer - Bullish Engulfing - Bullish Piercing The Risk: As traders, it is your job to mitigate the risk and only trade structures that provide high probability and great reward to risk ratios. If you are not comfortable with defined exit levels, experiment with Moving Averages to help set solid exit rules to protect your capital. IF: Price breaks below $6.20 level and violates 50 EMA – this would suggest the structure is not in our favour and would be wise to reduce exposure or close the trade until a solid signal gives us reasons to re-enter. Reward / Reward Targets: Optimal Entry $6.50 – Target 1 $7.50 = 3x Reward to Risk Optimal Entry $6.50 – Target 2 $8.00 = 4.7x Reward to Risk Supporting Entry $6.70 – Target 1 $7.50 = 1.5x Reward to Risk Supporting Entry $6.70 – Target 2 $8.00 = 2.5x Reward to Risk
ASX:ZIPLong
by tradetheday
1
ASX:Z1P - Liquidity feast for the bears resting belowBuyers beware! We have strong reasons for a significant plunge on Z1P. After doing an impressive 5x in 2019, it looks like the party may come to an end for the bulls. Reasons for the trade: Potential Head and shoulders forming VPVR - Above value. POC @ $1.10 VPVR - Could drive a truck through that 69% gap in volume Money moves towards liquidity. Significantly more below than above. Gaps, gaps, gaps! Every green line represents a gap that will want to be filled in. Confirmed bearish divergence in histogram Sell signal active upon break of $3.51 level, representing the price with the second most volume traded (aside from the POC). Hit the LIKE button if you find my analysis valuable and want to support me. Follow to make sure you don't miss any future trade ideas.
ASX:ZIPShort
by AndyTheKing
1
Z1P LONG Term Possibilities With Zippay's current trajectory things are looking good for the next 3 months. I could only speculate a likely range of -10% - +25% within this period. The company recently launched in New Zealand which opens up the company to a new range of consumers/users. However, I don't believe that the company will grow any further than Oceania in this 3 month period, maybe within a 2 year period, but considering Afterpay's international domination it doesn't appear to be a likely move for the company. Who knows though? Especially me so... yeah. Hope this was helpful any feedback I am totally open for.
ASX:ZIPLong
by Losing_M0ney_247
Z1P take profit!In my humble opinion we have entered a parabolic section on Z1P. looking at exiting at $1.535 for a few reason with a pull back to the 61.8% level! Bump run on the longer term and on the intraday right now which is giving us a good exit signal, including MASSIVE BEAR DIV. on the RSI All of these signals make it to tantalizing to pass up! looking at an take profit exit and then a swing down entry for 1 last long! Stay Vigilant Good luck & happy trading homies! DYOR!
ASX:ZIPShort
by tradingtradefortading
8