🚀 Gate Square Creator Certification Incentive Program Is Live!
Join Gate Square and share over $10,000 in monthly creator rewards!
Whether you’re an active Gate Square creator or an established voice on another platform, consistent quality content can earn you token rewards, exclusive Gate merch, and massive traffic exposure!
✅ Eligibility:
You can apply if you meet any of the following:
1️⃣ Verified creator on another platform
2️⃣ At least 1,000 followers on a single platform (no combined total)
3️⃣ Gate Square certified creator meeting follower and engagement criteria
Click to apply now 👉
A simple review, with limited conditions, let's make do with it. I will try to speak in Mandarin.
Still take out this chart, I think those who can see my dynamics basically know it, the red three strokes, normally I usually tell you all about the three strokes, after the three strokes there is one stroke that brings fortune, this stroke is the one that leaves the stroke, leaving the interval of the three strokes, like the one on the far right in red going down ↓. First, where will it go? I don't know, but what I can tell you is that 3705 must be broken, it is not necessarily reached, nor necessarily touched, but it must be broken. After it breaks, how much more it can continue to fall, I need to look for the previous center, so I can't give you that now (whether I will give it to you later is another matter, but you already know that the point of 3650 must be broken).
The above is the last move at the four-hour level, how to play it? You decide for yourself, whether you want to short now or wait for a small-level rebound back above 4150 to short, or first get yourself caught in it, and then add another position when it goes up, you decide. But I want to say one thing, you might think that 4150 or 4250 is unattainable or you can't wait for it. I want to say, has there been a lack of days recently where the market fluctuates by two hundred points? Right now, a fluctuation from 3900 has already reached 4100, it's actually very easy.
Since I know that after three trades in four hours there is still one more trade in four hours, why didn't I short myself when it was at 4250 while I was chatting with you, and instead now that it has dropped to 3900, I am here arguing about shorting...
Firstly, I mentioned at that time, under the conditions of 4250, that anyone (excluding streamers) had to make a trade, whether to go long or short. On one side, whales were not going long, while on the other side, there was positive news and a visit to China. There were too many uncertainties, making any action a gamble.
Secondly, I don't know if anyone remembers when the price hit 3670 during the four-hour chart, I said not to go long, I needed to wait for a structure, which you usually refer to as a double dip, before I could go long. In the end, the double dip gave us 3706, right? Similarly, in the green area of the chart, I wanted the market to move down three times around the 4250 level, and then for the fourth movement to happen at the last right-side red arrow, just in time to take advantage of the good news to push upwards a bit, and then short, which is exactly the fourth red line. As a result, don't say I didn't think of it; for those of you who are always in the live stream, did you think that in the face of this news, it could just keep falling all the way down?
Lastly, to emphasize, 3650 can't hold, and I don't want my friends, or those waiting to see me lose money, or passersby, to go long at this position. Of course, if you are here to speculate on a rebound with quick in-and-out trades, then forget I said anything.
Don't ask if you don't understand; this is the most straightforward way I can say it. Just know that 3650 can't hold up.