💙 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
Analyzing Chain Link
1) H4 context
• PP = 23.47 USD, H4 closing price = 23.60 USD ⇒ the price is above PP → short-term trend is bullish.
• Nearest resistance: R1 = 23.83 USD, if this area is broken, it will open R2 = 24.06 USD and R3 = 24.42 USD.
• Nearest support: S1 = 23.24 USD, if it breaks, it may retreat to S2 = 22.88 USD.
• The H−L range of the last candle = 0.59 USD → quite narrow, indicating that accumulation may be occurring.
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2) Breakout scenario increases ( priority if the overall market is positive)
Activation conditions
• The closing price of H1 or H4 above 23.83 USD (R1) with volume increasing > MA20(volume).
• BTC does not drop sharply at the same time.
Trading strategy
• Entry: Buy when the price successfully retests the range of 23.83–23.85 USD.
• Stop Loss: 23.70 USD ( below R1 ~0.15 USD or 0.25×ATR H1).
• Target 1: 24.06 USD (R2).
• Target 2: 24.42 USD (R3).
• Expected RR ratio: ~1:2 to 1:3.