📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
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🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Shorting/Going long based on signals
For example: Why can't the current ETH price $ETH 3815 be shorted, and why must it test shorting/going long at the 3699-3700 points?
Because this is the support level on the 4-hour chart.
Apply this to short-term trading. For example, in this case, we go long and shorting at this position.
When the price breaks through the strong support level of 3700, short 1 position at 3695. Short based on the signal. The target price will be the support level of 3639.
When the price reaches the support level and rebounds, go long 1 position at 3701-3710 points. (Usually, when it first touches the support level, the price will rebound and reach this point, and the target price depends on your willingness.)
Of course, a stop-loss was set there.
If both stop-loss orders are set at the same time, then wait for a while and close the position after the trend is confirmed.
So, trading on this 4-hour chart and waiting for clear signals is safe, even if shorting at 3815 doesn't yield much profit.
Currently, due to a technical rebound, the 4-hour chart has issued a bullish signal.
Shorting at 3699-3695 to 3639 is a signal of a breakout on the 4-hour chart.