ZK coin market analysis and trading strategy
I. Overview of current trends
2-hour level: According to the system, ZK coin appeared purple dots at 8:00 this morning, which is a clear short-order buy signal. For investors who follow up in time, 3.49% of profits have been credited, which is a good performance. #ASI代币合并计划
4-hour level: From a macro perspective, ZK coin on the 4-hour chart is still in a short trend, which further confirms the current downward trend of the market. #币安合约锦标赛
II. Trading strategy
Waiting for entry:
Investors should continue to pay close attention to the 2-hour level chart and wait for the next purple dot to appear. The purple dot is a short-order buy signal, and its appearance often indicates a further drop in prices.
When the purple dot appears clearly and stabilizes, you can consider entering the market to short. At this time, you should decisively execute the trading plan to avoid hesitation and miss opportunities. #MiCA
Target position setting:
The short-term target can be set around 0.1779, which is a reasonable prediction based on the current downward trend and price fluctuation range.
The medium-term target can be further moved down to 0.1744 and 0.1717, but it should be noted that as the price gradually falls, the support below may gradually appear, so the strategy needs to be adjusted flexibly.
Stop loss setting:
In order to control risks, it is recommended to set a clear stop loss point before trading. According to the current market situation, the stop loss can be set near the previous high of 0.1940. In this way, even if there are unexpected fluctuations in the market, the investor's principal can be protected from significant losses to a certain extent.
III. Risk Warning #IntroToCopytrading
Although the current ZK coin is in a short position, market fluctuations are difficult to predict. Investors need to maintain a cautious attitude during the transaction, reasonably control their positions, and avoid excessive trading and chasing ups and downs.
At the same time, close attention should be paid to market dynamics and news changes so as to adjust trading strategies in a timely manner. Especially at critical moments such as the release of important data or policy changes, we should remain highly vigilant. $ZK $BTC $ETH
