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CandyDrop ร Succinct (PROVE) โ Trade to share 200,000 PROVE ๐ย https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User ๐ย https://www.gate.com/announcements/article/46491
๐ Endless creativity ยท Rewards keep coming โ Post to share 300 PROVE!
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Event PeriodAugust 12, 2025, 04:00 โ August 17, 2025, 16:00 UTC
๐ How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
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Getting into a trade at the right time can be the difference between profit and loss โ and for beginners, this is where many mistakes happen. The good news? You donโt need to master 100 complex strategies to improve your entries. Here are three simple yet powerful indicators that can help you catch better trades:
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1. Moving Average (MA)
The Moving Average smooths out price action and shows the overall trend direction.
How to use: If the price is above the MA, the trend is up โ consider buying. If itโs below, the trend is down โ consider selling.
Pro tip: Combine a short-term MA (like 9 or 20) with a longer-term MA (like 50) for crossover signals.
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2. Relative Strength Index (RSI)
The RSI measures whether the market is overbought or oversold.
How to use: An RSI above 70 often signals overbought conditions (possible reversal down), and below 30 signals oversold conditions (possible bounce up).
Pro tip: Look for RSI divergences to spot trend reversals early.
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3. Support & Resistance Levels
These are price zones where the market has previously reversed or stalled.
How to use: Buy near strong support in an uptrend and sell near strong resistance in a downtrend.
Pro tip: Combine Support/Resistance with MA or RSI for stronger confirmation.
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โ Bottom line: You donโt need complicated setups to trade smart. Start with these three indicators, practice them on a demo account, and youโll see your entry timing improve โ even if youโre new to the markets.
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