JasonMich
8.6K posts

JasonMich
@JasonMichalas
“It always seems impossible until it’s done” ~ Mandela Alpha Caller: @SpaceRidersXYZ| #Ordinals 🧡| 📍🇬🇷
Athens, GR Katılım Mart 2022
4K Takip Edilen3.1K Takipçiler

@JasonMichalas Worst case above order block. But I will chill until price stabilizes
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$BTC daily plan
These are the key POIs for me short-term.
> Large high-leverage positions sitting above price and deeper retracement levels within the broader order block.
> I’ll wait for the structure to stabilize a bit before making any new decisions
> Right now the market still needs to show how it wants to trade these levels.
One thing worth noting:
> Shortly before CME futures reopened yesterday, news came out that the US may announce a coalition to escort commercial ships through the Strait of Hormuz.
That could have been part of the move we saw into the open -> didn’t catch the headline in real time.
For now I’m mainly watching how price behaves around the leverage clusters above and whether those get swept before any larger rotation.

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@AelirTrades Decided to close some of my position to increase the liquidation price it’s at 0.13 now I’ll see where we go in the next 4h timeframe and close more if needed…
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@JasonMichalas Take a chill pill. You already know the answer here. All you gotta do is make a decision and stick to it.
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@AelirTrades Cause if it remains negative it will be difficult to not go to 0.133 as you said
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@AelirTrades Should I do that wait for the next 4h candle scared of my liquidation…
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@AelirTrades My decision is to wait for the next 4 hour candle in 47 minutes and decide will the funding rate change then or no ?
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@AelirTrades Yep I know badly played this one I usually don’t trade like that emotions took over lesson learned for sure. Now what should I do in this shitty situation
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@JasonMichalas It's your call. Firstly you have risked a lot on this random short based on your liquidation level. I would call it a gamble rather than a trade. I personally would advise you to re-assess your trading & risk-management system.
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@AelirTrades Trying man but could you help me out with this one liquidation is lower than 0.133 should I stop loss here or ?
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@AelirTrades Fair enough how did you know this was gonna go higher from just the negative funding rate that’s insane ? Why does it matter so much ?
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@JasonMichalas One should always have a risk management strategy bro. Take it as a lesson maybe. About this trade, i can't say if it will pump or dump at the moment. Like I said, i would wait for the next 2 H4 closes before analysing further.
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@AelirTrades Lmk man need a bit of help here got fucked try a short this didn’t see the negative funding
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@JasonMichalas Can't say anything rn. I personally won't try to short atm. Will wait for the next 2 H4 candles to close before analysing further.
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@AelirTrades When does the negative funding rate end ? Do we know ?
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@JasonMichalas Rn I wouldn't try to short because of the negative funding rate
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@AelirTrades Should I close my short position I opened here is it risky ?
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