2026-01-17 06:24:32

Today I continue to play with limit orders. I placed a short at the 1.58 level, which is a clear resistance on the daily chart, and also a zone where chips are trapped during accelerated decline. From a cost-performance perspective, this position is indeed worth trying.

The stop loss is set above 1.68. I used leverage below 20x, so the risk is controllable. To be honest, this kind of limit order strategy requires patience, but once the market moves into position, the returns can be quite substantial. The order has been placed, now just waiting for the market to react.

The crypto market has been quite volatile these days, with clear resistance and support levels. The key is to choose the right entry point and stop loss, and not to be greedy. Do you have similar ideas?

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NotFinancialAdvice

· 8h ago

1.58 this level is indeed interesting, the resistance level is quite accurate Wait, is it still considered manageable risk below 20x? Bro, you're a bit optimistic Limit orders require patience, but once you can hold until that moment, it's satisfying Now the market depends on who can hold on, not who shouts the loudest 1.68 stop loss is still a bit tight, what are you thinking This kind of game feels like luck, relying solely on technical analysis may not work Waiting for the market reaction is the hardest, I often get caught when I'm just waiting

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AirdropAnxiety

· 9h ago

1.58 is really a tough point, but I always feel like it will fluctuate back and forth. Wait, your stop loss is at 1.68? Isn't that a bit far away? Easy to get swept out? Actually, this kind of order placement tests your mentality. Most people can't forget about their orders once placed and keep an eye on the market every day. I also want to short, but I've been scared of getting stopped out recently.

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LowCapGemHunter

· 9h ago

1.58 this level I also saw, indeed quite attractive --- Waiting for market reaction, this is the joy of crypto trading --- Less than 20x is okay, the risk is indeed more controllable --- The trapped chips area is crucial, it all depends on whether you can catch this rebound --- Limit orders require patience, many people can't wait and open positions --- Resistance levels and stop-loss are set very tightly, I give this operation a full score --- That's right, greed is really the biggest killer in crypto trading --- Is the 1.68 stop-loss position a bit tight? Or what are your thoughts --- You’ve considered the cost-performance ratio quite thoroughly --- It feels like your order might be triggered, the market is about to adjust --- If you can profit from this wave, it would be awesome, looking forward to your results --- The play of limit orders seems simple, but it’s actually a test of mentality

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PhantomHunter

· 9h ago

1.58 this level is indeed a bit interesting, but what I fear more is the moment when the stop-loss gets triggered --- Limit orders are like this: either forget about them after placing, or keep staring at them until you're exhausted --- 20x leverage sounds gentle, but a sudden market surge can be heartbreaking. Are you mentally prepared for that? --- I don't quite understand the logic of the trapped chips zone. Can you elaborate? --- Waiting for market reaction... sounds easy, but actually it's just gambling on the other side blinking first, haha --- What exactly is a clear resistance level? The recent trend looks like all fake-outs; it's hard to tell what's real or fake --- I understand the thrill of placing orders, but the real payoff is often the most tormenting

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LuckyHashValue

· 9h ago

1.58 that level is quite interesting, I’m also watching it, just worried about a false breakout. Leverage below 20x is truly stable, much better than those guys going all in. This market really requires patience; just place limit orders and sleep peacefully. I feel like we are now in the stage of waiting for the market to make a choice, nothing much to say. But bro, your stop-loss setting is a bit wide, what if it breaks through? Limit order trading is like that; sometimes you have to wait a long time to hit the jackpot. I think your approach is quite cautious, I agree with that. Don’t be greedy—this is well said. Many people lose because of this. When the market reacts, I hope it will go as you wish. Keep it up.

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GateUser-5854de8b

· 9h ago

1.58 this level is indeed attractive, it all depends on whether the market comes or not --- Below 20x is okay, the key is not to chase high --- Limit orders really test your patience, just wait --- The resistance level is so clear, yet still dare to short, that's a bit risky --- Setting a stop loss at 1.68 feels like there's a bit too much room --- This wave of the market really requires patience, but once you're in, it’s truly satisfying --- Waiting for responses with pending orders, I really dislike this kind of torment haha --- Don’t be greedy, it’s all about discipline; losses are often caused by greed --- The cost-performance ratio is indeed good, but I’m just afraid I won’t be able to buy in --- I also want to try, just afraid of losing with a single hand

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RetroHodler91

· 9h ago

The 1.58 level does have some significance, but I still think this round of the market feels a bit strange. Waiting for order reactions? Bro, this move has a bit of a gambling vibe. Under 20x leverage is okay, much more reliable than those lunatics going all-in with full leverage. Is it a chip accumulation zone? I feel like big players have been shaking out the market these past couple of days. Waiting for market reactions? When does the market ever react? Haha. Limit orders really test patience; if your mindset isn't strong enough, it's easy to make mistakes. Set a stop-loss at 1.68, so if the price breaks that level, just get out. Still disciplined.

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