zkSync Fresh L2 coin for ETH. 458 million $ investment by funds
Updated
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 small % of the promised coins, which is in the hands of developers and crypto funds (after shaking out now, there will be full control over the price).
2️⃣ It is worth noting that crypto funds “invested” (with speculative interest) 458 million dollars in the asset. Which is an absolute record.
The first and second are extremely positive for the maximum prices of the asset in the cycle in the future. Consequently, the asset is interesting for investment and position trading, and it does not matter what will happen now locally for a couple of months. Work from the average buy/sell price.
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The chart shows the key resistance levels for the first significant pumping after the trend break, as well as the maximum distribution zone targets of this cycle.
The price potential will be “unlocked” similarly naturally not now, but when the solution will be implemented, there will be media PR, smart money will partially “exit” from the asset. The potential is naturally great, it is shown, who is attentive.
Let me remind you, L2 is a solution for scaling the ETH network. When this is implemented and PR'd and ETH is in its first distribution zone, then pump in similar small capitalization assets.
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Work from the average price of purchases, so in the future sales and no minimums and maximums (even if you are sure that you know and understand how “exactly” it will be, I note that most people who do everything by reverse think so), as this is the fate of true hamsters. At the same time, you need to understand the zones where it is cheap and where it is expensive, and what the general trend in the market is developing.
⏰ Profit from the local game (not necessarily to work this way) is not big (you “spin the volume” part of the allocated money to a certain zone of the asset - work). But, such local work gives you to overcome fear, because you always have money to increase coins.
⚠️ Do not abuse stop loss, where it is not necessary, because everything will be taken away on the “flat place”.
⚠️ Prefer spot trading, which forgives elementary mistakes, if you are not a very good trader. With margin and futures, your risk must be justified. If you are a ludomaniac (most sick people won't admit it, maybe you are one/one of them) then leave this high risk trading.
🐹 Psychology. If, you feel that you, like everyone else, will do, when not necessary under psychological pressure and news some not logical bullshit, it is better not to trade at all, and invest. “Hold” coins for a couple months, dividing the amount of the entry into 2-3 parts. When the market is distributed, you will sell with a big profit. Maximum targets (not necessarily, as depends on a lot of factors), is the zone 0,6 - 1 dollar.
_____________________________________
Most importantly:
1️⃣ There was aerdrop manipulation, the community got a very small % of the promised coins, which is in the hands of developers and crypto funds (after shaking out now, there will be full control over the price).
2️⃣ It is worth noting that crypto funds “invested” (with speculative interest) 458 million dollars in the asset. Which is an absolute record.
The first and second are extremely positive for the maximum prices of the asset in the cycle in the future. Consequently, the asset is interesting for investment and position trading, and it does not matter what will happen now locally for a couple of months. Work from the average buy/sell price.
____________________________________
The chart shows the key resistance levels for the first significant pumping after the trend break, as well as the maximum distribution zone targets of this cycle.
The price potential will be “unlocked” similarly naturally not now, but when the solution will be implemented, there will be media PR, smart money will partially “exit” from the asset. The potential is naturally great, it is shown, who is attentive.
Let me remind you, L2 is a solution for scaling the ETH network. When this is implemented and PR'd and ETH is in its first distribution zone, then pump in similar small capitalization assets.
__________________________________
Work from the average price of purchases, so in the future sales and no minimums and maximums (even if you are sure that you know and understand how “exactly” it will be, I note that most people who do everything by reverse think so), as this is the fate of true hamsters. At the same time, you need to understand the zones where it is cheap and where it is expensive, and what the general trend in the market is developing.
⏰ Profit from the local game (not necessarily to work this way) is not big (you “spin the volume” part of the allocated money to a certain zone of the asset - work). But, such local work gives you to overcome fear, because you always have money to increase coins.
⚠️ Do not abuse stop loss, where it is not necessary, because everything will be taken away on the “flat place”.
⚠️ Prefer spot trading, which forgives elementary mistakes, if you are not a very good trader. With margin and futures, your risk must be justified. If you are a ludomaniac (most sick people won't admit it, maybe you are one/one of them) then leave this high risk trading.
🐹 Psychology. If, you feel that you, like everyone else, will do, when not necessary under psychological pressure and news some not logical bullshit, it is better not to trade at all, and invest. “Hold” coins for a couple months, dividing the amount of the entry into 2-3 parts. When the market is distributed, you will sell with a big profit. Maximum targets (not necessarily, as depends on a lot of factors), is the zone 0,6 - 1 dollar.
Note
02 08 2024 🔈😁 Binance Exchange ZK (the highest liquidity, and the largest number of "weak hands") designated as HIGH RISK CRYPTO CANDY (increased volatility and risks), this with recent investments of crypto funds, including "their own", in $ 0.5 billion.
🐹 Paradoxical, isn't it? How much the "game of the fool" is going among similar ones, without embarrassment.. After all, the blockchain and access to information are open to everyone equally.
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😱📉 So there is a high probability that they will try to press as much as possible (there is not much time) to do something like (downward channel) as strk is now at the moment (-83%). If we follow this scenario, then expect "big marketing revelations" - scam, scam scam!)
🔴⚠️📉They will come up with some kind of horror story with imitations if the effect is small. This is provided that the market will continue to consolidate or be bearish until October, that is, there will be plenty of time to form a downward channel.
🔴⚠️📉If everything needs to be done abruptly, then revelations to instill the "correct opinion" + "whales are selling", no liquidity, oh the horror of slippage...)
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🟡🟢📈 Another option in the near future (if the market is sharply positive, as a stock market projection) is a double bottom, from this reversal zone. They will come up with "a whale bought" and especially without any positive news.
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🐳💰 It doesn't matter what scenario will be implemented locally for the situation, it is important that when the trend reverses as a whole, they will be pumped more than all in comparison with similar L2 cryptocurrencies (small capitalization, low liquidity, record investments).
👀 By the way, have you noticed that this group of crypto assets is pumped locally one after another? Probably a coincidence...
🐹 ________________Psychology and the right opinion📈.
Strangeness, chance, probably for such assets. The less money "brought in", the less prospects, the more aggressive marketing for hamsters. And vice versa. A paradox, isn't it?) Or a natural tactical move of "distraction"? I think the answer is obvious.
🔈🐹 Ask any "marketing-processed" hamster, "who knows a thing or two": "What, in his opinion, is the most promising in terms of speculative income from L2?" You will hear the same, optimistic, confident names of several assets, as if copied from the news background of promotion under the previous pumping.
Note
10 08 2024 At the moment, V-shaped reversal to the meridian of the descending channel.
Its breakthrough — price growth to the resistance to begin with. Then, if the breakthrough to 0.18
Not breakthrough — decline in the descending channel along the resistance line (highlighted in white). Then its breakthrough and strong local price growth (Dragon pattern or something like that).
Note
11 09 2024 
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