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tiprolin
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tiprolin
@tiprolin_
Markets are random. Learn to recognize randomness.
Katılım Ağustos 2023
142 Takip Edilen1.9K Takipçiler

Time is of essence, the longer this range drags out, the more people will blow their ports and chase breakouts/breakdowns that won't come until May.🦧
The only places you can trade are 73.3k, 65k and 78k. No trades in the middle.
$BTC #BTC
x.com/tiprolin_/stat…

tiprolin@tiprolin_
🤝 #BTC $BTC
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@tiprolin_ I also think so - next month - but only if we don't lose 65.5 imo
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@hadrieltvie no, just people using previous cycle fractals as their base plan
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@tiprolin_ I'm following you, but I didn't understand what you meant by people who do fractals. Are you talking about the fractal Williams?
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@ThePenguinXBT Not crazy, I have a similiar idea (doubt we go lower than 52k)
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More detailed updates as we develop a DISTRIBUTIVE range.
Low still protected, patience.
78k seems to be the level to press max short. I will update if anything changes, otherwise this is the plan.
$BTC #BTC
x.com/tiprolin_/stat…

tiprolin@tiprolin_
Read again beartards - low PROTECTED until at least 27. April. IF there is enough momentum and this range starts breaking I wouldn't be surprised to see low 80s too. Can't be sure yet tho. HTF plan doesn't change regardless - TIME. $BTC #BTC x.com/tiprolin_/stat…
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@shibo_808_ A short here made sense and you can easily trade it back down for a higher low I think. But yes I also think 78k is more or less inevitable later on. If you are swinging then this wasn't the god entry imo
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@tiprolin_ Would you hold a short here if you got the top? Or is 78k inevitable at this point?
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I have spotted a new potential fractal...
Part of being a trader is the ability to adapt to different market conditions. As you all know, I am still short because the primary objective has not changed, we will eventually sweep $60K (I am confident in this).
The difference now lies in the positioning of the cycle and current price action. With that said, I believe there is a good chance we may also be following a additional pattern which was printed 2022. This would mean that $BTC could theoretically deviate above the range highs before ultimately trending lower.
No, this does not mean we are going to the moon. It would simply be a swing failure pattern (SFP), followed by a few days of ranging before pushing lower. That is why I have adjusted my stop loss on the short to a 1W close above $80K.
I initially shared another fractal from 2022, but the market is starting to display characteristics of a different schematic.
Because of that, this is something I am paying attention to before continuation lower.

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@tiprolin_ The chart outlines a higher time frame structure where Bitcoin is consolidating after a sharp decline.
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Read again beartards - low PROTECTED until at least 27. April.
IF there is enough momentum and this range starts breaking I wouldn't be surprised to see low 80s too. Can't be sure yet tho.
HTF plan doesn't change regardless - TIME.
$BTC #BTC
x.com/tiprolin_/stat…

tiprolin@tiprolin_
I was away for a while, I'm not back😂 Here is my plan for the next few months. $BTC #BTC
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