Okay, let's break it down simply:
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### What does “the last 3-5 clear levels on the daily or 4-hour chart” mean?
In trading, we look for **support and resistance levels** on the chart, and these levels represent **important prices** where:
* **Support:** The price that the price usually bounces back from upwards because it “finds buyers at an attractive price.”
* **Resistance:** The price at which upward movement usually stops and begins to drop because “there are many sellers at that level.”
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#### 1️⃣ “Last 3-5 clear levels”
* Means: Focus on the last **3 to 5 important points** on the chart, where the price **reversed or paused** previously.
* These points help you estimate the **future movement range** of the currency.
Example of a 4-hour chart for Solana:
* The price reversed at **140** → Support
* Stopped at **145** → Resistance
* Reversed at **142** → Another support
* Stopped at **147** → Strong resistance
This way, you have **4 clear levels** to determine:
1. Where the price might rise.
2. Where to place the sell order or Trailing Stop.
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#### 2️⃣ Why daily or 4 hours?
* **Daily chart (Daily):** Gives you a broad view of the overall trend of the currency.
* **4-hour chart (4H):** Provides you with precise details for daily or short-term trades.
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