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...
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
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
(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 –...
