🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
Brain challenge, guess and win rewards!
5 lucky users with the correct answers will share $50 GT! 💰
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📅 Ends at 16:00, Sep 17 (UTC)
1. Taking BTC/USDT perpetual as an example
1. The main direction is empty, and the daily level is oscillating downward, with the upper limit restricted by the bears at 128830;
2. Short-term bearish pressure level 110421-112585, below this, short positions are the main focus. Those who have not entered the market should patiently wait for a rebound in the 1-hour cycle "Institutional Strong Turning Point Model" (a detailed explanation of this model can be found in the "K-Line Digital Code" and the live video can be watched afterwards) for short trading opportunities.
Above 3.108333, there may be a short-term rebound; low buys are supplementary. It is not recommended to blindly chase longs near resistance levels. A breakthrough of 112585 requires adjustments to trading ideas and strategies.
2. Taking ETH/USDT perpetual as an example
1. The main direction is bullish, with narrow fluctuations below 4831, continuing to consolidate. The important support level for the bulls is 4206; above this, the bulls are gaining strength.
2. A pullback to around 4206 can be based on the "Institutional Strong Turning Point Model" (. For a detailed explanation of this model, you can refer to the "K-Line Digital Password" and review the live video afterwards ) to try going long, with strict stop-loss.
3. The short-term bearish pressure level is 4526. If this level is surpassed, continue to look for higher levels. The trading strategy should still focus on buying on dips, with short positions as a supplement or not taking short positions at all, discarding some mediocre trading opportunities.
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Disclaimer: The information and opinions in the above report are for reference only and should not be considered or viewed as advice for actual investment transactions. Investors should assess whether to use the contents of the report based on their individual investment objectives, financial situation, and needs, and make independent investment decisions while assuming the corresponding risks.