New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
I recently saw a small coin experience a 40% increase during lunchtime, and many people's eyes widened. But I want to remind everyone—behind the beautiful candlestick charts, there are often trap setups for those who entered earlier.
From the data, this 40.85% 24-hour increase is indeed impressive, but the problem lies in the long upper shadow reaching 0.003102 on the daily chart. This is not just a technical pattern; it actually records the process of those who surged earlier getting trapped. This detail is crucial—it indicates significant selling pressure at higher prices.
Currently, the 15-minute chart is hovering around 0.0018, which looks like temporary support, but the crossover state between MA(7) and MA(25) suggests that the bulls and bears are still in a tug-of-war. It's hard to determine who will gain the upper hand in the short term.
A few tips for beginners: First, don't chase high. Above 0.0020 is basically an opportunity for big players to unload. Second, if you want to participate, setting your buy orders around 0.0016 is more stable, as this is the true structural support. Lastly, and most importantly—set a stop-loss; do not let it break below 0.0015.
Opportunities in the crypto world are never lacking; what’s missing is the capital to survive. Take a few calm minutes, instead of rushing to make quick multiples and then losing everything—being more rational is smarter.