$ZRO has broken through the 1.6 level.
Let’s break this number down.
The longer it’s been since this price was last reached, the more the distribution of positions around this area may have changed. The bullish and bearish forces from the past may no longer apply.
The level itself doesn’t determine whether prices rise or fall. It’s more of an area where bulls and bears clash intensely; ultimately, trading activity determines the direction.
Understanding indicators isn’t hard. The hard part is sticking to the rules when emotions are at their most extreme.
#ZRO
Volatility is high, so use leverage within your means.
Let’s break this number down.
The longer it’s been since this price was last reached, the more the distribution of positions around this area may have changed. The bullish and bearish forces from the past may no longer apply.
The level itself doesn’t determine whether prices rise or fall. It’s more of an area where bulls and bears clash intensely; ultimately, trading activity determines the direction.
Understanding indicators isn’t hard. The hard part is sticking to the rules when emotions are at their most extreme.
#ZRO
Volatility is high, so use leverage within your means.
