Get started

ZRO / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Markets

ZROUSDT trade ideas

#ZRO/USDT#ZRO The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern We have a bounce from a major support area in green at 3.67 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based higher at the discount Entry price is 3.75 The first goal is 4.25 Second goal 4.57 Third goal 4.91
Long
by CryptoAnalystSignal
1
ZROUSDT - Struggling to break the High (SHORT)ZRO recently surged to a swing high and is currently battling at that price area. Let's dive into the latest price action and explore a potential short trade setup with a great risk-to-reward Recent Price Action: Surge to Swing High Swing High: ZRO surged to the recent swing high, encountering resistance at this key price area. Battle at Swing High: The price is currently struggling to break above this resistance, suggesting a potential retracement. Short Trade Setup: Targeting the Fib 0.382 Level 1.) Short Trade Setup: Entry Point: Consider entering a short trade from the previous swing high. Target Profit (TP): The TP for this short trade is the Fibonacci 0.382 level of the entire wave structure, around $3.80. Support and Confluence: Old Order Block: The Fib 0.382 level also coincides with an old Order Block, providing an additional layer of support. Anchored VWAP: Taking the Anchored VWAP from the low, we see clear confluence at the exact 0.382 Fib level, reinforcing this area as a strong support zone. Key Levels and Indicators Resistance at Swing High: Watch for continued resistance at the swing high, which supports the short trade setup. Fib 0.382 Level: Monitor the price action as it approaches the $3.80 level, where we expect to see support from the Fib level and the old Order Block. Volume Trends: Decreasing volume near the swing high can further confirm the potential for a retracement. Strategy: Executing the Short Trade Executing the Short: Enter the short trade at the swing high or at Fibonacci 0.618 (around $4.3), targeting the Fib 0.382 level around $3.80. Monitoring Price Action: Keep an eye on volume and price action for any signs of bullish reversal as the price approaches the support level. Our short trade setup targeting the Fib 0.382 level around $3.80, which aligns with the Anchored VWAP and an old Order Block, offers a strategic opportunity with a great R:R. What are your thoughts on this analysis?
Short
by SiDec
LayerZero(ZRO) RoadmapLayerZero(ZRO) is trying to break the Resistance line . According to Elliott's wave theory , LayerZero(ZRO) seems to be completing the main wave 5 . By comparing the LayerZero(ZRO) chart with BINANCE:NOTUSDT , we can understand that we have to wait for LayerZero(ZRO)'s corrections .👇Do you agree with me!? I expect LayerZero(ZRO) to fall again from the Potential Reversal Zone(PRZ) after the +20% rally. Note: An important point you should always remember is capital management and lack of greed. LayerZero Analyze (ZROUSDT), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
3