Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
WIF/USDT current price is around 0.40 USDT. I decided to take a small position and try a long.
After waiting all day, I finally saw the desired trend. The 4-hour RSI has entered the overbought zone, but the 1-hour candlestick has pulled back from the high, and the MACD histogram is narrowing, indicating that the short-term selling pressure is weakening. The previous rally was too rapid, and I will never chase the high; I must wait for a confirmation signal.
How exactly to operate? First, find an entry point—between 0.398 and 0.402, try with 1/3 of the position. If it drops below 0.388, stop loss. The risk exposure is about 0.012 U. The profit targets are twofold: the first target is 0.425, and the second is 0.445. The overall risk-reward ratio exceeds 2:1, which is the odds I am willing to take.
The market has been tossing me around quite a bit recently, and I’ve lost quite a lot. Now I am especially patient. I only dare to act when the wave rhythm is most favorable and the win rate is highest. This is my adherence to trading discipline.