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- 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
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Tari is a Rust-based blockchain protocol centered around digital assets.
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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
#BTC#
The chart you've uploaded is a technical analysis of Bitcoin (BTC) against the US Dollar (USD) on a daily timeframe using the TradingView platform. Below are some of the key features and tools used in the chart:
Support and Resistance Levels:
Horizontal Lines: Represent key support and resistance levels where the price has previously reversed or consolidated. For example, there's a line at around $71,954.66 as a resistance (high) and another at $49,111.87 as a support (low).
Buy/Sell Indicators:
Red "Sell" and Green "Buy" Labels: These indicate potential sell and buy points based on some predefined criteria, which could be a result of algorithmic strategies, technical indicators, or manual input.
Trendlines:
Diagonal Lines: These trendlines indicate the general direction of the market. There's a long-term uptrend line and shorter-term downtrend lines, showing how the price has been moving in different phases.
Stochastic and RSI Indicators:
Stochastic & RSI (Relative Strength Index): These are momentum indicators found in the lower-right corner of the chart. They help identify overbought or oversold conditions in different timeframes (1, 15, and 240 minutes).
Horizontal Boxes/Rectangles:
These could represent areas of consolidation or significant price zones where the price has shown repeated interaction, often used to spot potential breakouts or reversals.
Candlestick Patterns:
The chart displays candlesticks, each representing a day's price movement, with the wicks showing the high and low prices and the body showing the open and close prices.
Price Range:
Current Price: The current price is displayed as $58,630.99, which is within a downtrend from its recent highs, as indicated by the overall trendlines and sell signals.
Interpretation:
Downtrend: The market is currently in a downtrend, as suggested by the sell signals and the downward-sloping trendlines.
Potential Reversal Zones: The price is approaching support levels around $50,848.27 and $50,162.07, where a reversal might occur if the market finds strength.
Momentum: The Stochastic and RSI indicators suggest that the asset is not overbought or oversold across the different timeframes, which could mean there's still room for movement in either direction.
If you need more detailed analysis or insights into specific parts of this chart, feel free to ask!