Free ZUM TOKEN (ZUM) Technical Analysis Signals

Overal Signal
Hold
Signals
Neutral Hold Neutral Neutral
Last Update / Period
09 Oct / Daily
Category/Currency
Cryptocurrencies/USD
Exchange/Country
CCC/--

ZUM TOKEN (ZUM) signal with technical analysis on 09 Oct

On 09 Oct, we conducted a comprehensive technical analysis of ZUM TOKEN (ZUM), considering 256 signals with intricate details. Here are the key findings: 61 signals suggested buy strategies, while 87 indicated sell strategies. The remaining 108 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 20
Sell Signals: 20
Neutral Signals: 24
Result: This strategy leads to a Neutral position.

Strategy 2:
Buy Signals: 10
Sell Signals: 27
Neutral Signals: 27
Result: This strategy leads to a Hold position.

Strategy 3:
Buy Signals: 11
Sell Signals: 21
Neutral Signals: 32
Result: This strategy leads to a Neutral position.

Strategy 4:
Buy Signals: 20
Sell Signals: 19
Neutral Signals: 25
Result: This strategy leads to a Neutral position.

Overall Strategy:
Buy Signals: 61
Sell Signals: 87
Neutral Signals: 108
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your ZUM TOKEN (ZUM) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for ZUM TOKEN (ZUM) on , there is a tendency toward a sell signal based on historical data and analysis. However, it's important to remember that these signals are not guarantees, and careful consideration should be given to overall market conditions and your specific investment goals.

Based on the above signals and forecasts, we recommend the following strategies:
ZUM TOKEN (ZUM) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, it is recommended to find the optimal time to exit your position based on the combination of technical analysis signals. For those with a higher risk tolerance, you may wait for the market to move further in the coming days before deciding.
ZUM TOKEN (ZUM) trading strategy for those in sell positions (short positions): If you are already in a sell (short) position, holding your position may be the right strategy based on our technical analysis consensus. However, remain cautious and closely monitor market developments.
For new positions: If you are not currently invested or are considering switching to a sell (short) position, it's advisable to evaluate the expected price range, which represents a potential downside of 14.81% based on the lowest predicted price. Before entering a sell position, ensure it aligns with your risk tolerance and investment objectives by conducting thorough research.

In all trading scenarios, it is essential to implement a well-defined stop-loss strategy to manage potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend the "Predict-price" website, which provides both short-term and long-term predictions for free. This resource can aid in making informed decisions regarding your **ZUM TOKEN (ZUM)** holdings.

ZUM TOKEN (ZUM) Price Analysis and Support Levels:

In our current ZUM TOKEN (ZUM) position, we anticipate a potential downward trend. It is crucial to understand the key support levels, which can serve as reference points for traders to make well-informed decisions.

First Support Level: 6.1E-5 We are closely monitoring the price at the first support level of 6.1E-5, a critical point in our analysis. If the downward trend continues and this level is breached, it would indicate strong selling pressure and potential further price depreciation.

Second Support Level: 5.4E-5 If the first support level at 6.1E-5 is broken, the second support level at 5.4E-5 becomes a key point. A break at this level suggests stronger downward momentum, likely influenced by market sentiment or external factors.

Third Support Level: 5.3E-5 If the price continues to decline, and the second support level is breached, it signals a significant shift in market dynamics. Staying below 5.3E-5 would indicate a persistent downward trend, with traders looking to this third support level as the next reference point.
It’s essential to closely monitor these support levels and analyze them within the broader market context. By remaining alert and consistently analyzing the market, you can make informed decisions while trading ZUM TOKEN (ZUM). By paying attention to these support levels and considering broader market trends, you can adapt your trading strategies to the dynamic nature of this market.

ZUM TOKEN (ZUM) technical analysis chart

ZUM TOKEN (ZUM) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 6.8E-5 7.3E-5 7.9E-5 9.9E-5 0.000124
Support 6.1E-5 5.4E-5 5.3E-5 4.6E-5 2.6E-5
 ZUM TOKEN (ZUM) Support and Resistance area (09 Oct)

ZUM TOKEN (ZUM) signals list for 09 Oct

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

ZUM TOKEN (ZUM) candlestick patterns on 09 Oct

Today's ZUM TOKEN (ZUM) Candle Patterns List:

Belt-hold Closing Marubozu Long Line Candle Marubozu

ZUM TOKEN (ZUM) technical analysis over the past days

# Date Overal Signals ALL Signals
1 08 Oct Hold NeutralSellNeutralNeutral
2 07 Oct Buy HoldNeutralBuyHold
3 06 Oct Buy BuySellNeutralHold
4 05 Oct Buy NeutralNeutralNeutralBuy
5 04 Oct Hold HoldHoldNeutralNeutral
6 03 Oct Sell HoldHoldNeutralNeutral
7 02 Oct Hold HoldSellNeutralNeutral
8 01 Oct Sell SellNeutralNeutralNeutral
9 30 Sep Hold NeutralHoldHoldHold
10 29 Sep Hold NeutralHoldHoldHold
11 28 Sep Hold HoldHoldHoldHold
12 27 Sep Hold HoldHoldHoldHold
13 26 Sep Buy BuyBuyBuyHold
14 25 Sep Hold HoldNeutralNeutralHold
15 24 Sep Neutral HoldNeutralHoldHold
16 23 Sep Sell SellNeutralHoldHold
17 22 Sep Hold NeutralHoldHoldHold
18 21 Sep Hold HoldHoldHoldHold
19 20 Sep Hold HoldHoldHoldHold
20 19 Sep Buy HoldHoldBuyBuy
21 18 Sep Neutral NeutralHoldNeutralNeutral
22 17 Sep Buy BuyBuyBuyNeutral
23 16 Sep Sell SellNeutralNeutralNeutral
24 15 Sep Neutral HoldHoldNeutralNeutral
25 14 Sep Buy HoldHoldBuyNeutral
26 13 Sep Buy HoldBuyNeutralNeutral
27 12 Sep Buy BuyNeutralHoldHold
28 11 Sep Sell NeutralSellHoldHold
29 10 Sep Hold HoldNeutralHoldHold
30 09 Sep Hold NeutralHoldHoldHold

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