BTC 9th july

By Wavema
Updated
A new day start !
D: bullish ! no exhaustion of the green candle yet. Momentum full bullish.
1h: I had to change my lines, to adapt to reality. It's bullflag after bullflag. Ultimate target is 13 345. Volatility is stable. Price action is just growing
5mn: There is a bullflag touching a resistance 12 800. Next resistance is at 13 300

Plan: wait for a breakout of the bullflag at 12 800. Next target is 13 300. Sell all. It will probably dump to 12 800 then up again
Comment
Volatility increase. Vol increase. Bullflag takes less and less time: 15h, 10h40, 6h

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Volatility increase. Vol increase. Bullflag takes less and less time: 15h, 10h40, 6h.
The breakout may happen very soon

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Comment
Volatility increase. Vol increase. Bullflag takes less and less time: 15h, 10h40, 6h.
We are near the big resistance,
The problem now is: it takes too long now. It' not out of the small uptrend chanel.
So... wait and see
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Volatility fly. Red vol candle a big too big. strange shape. I don't understand the situation.
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There is nothing to do: wait and see
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Look at the volatility: in each bull flag it decrease. Now, it's pinned to the top. snapshot
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Great :) snapshot
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Hyperwave ABC correction done !
Trade active
It's going to create an ascending triangle. buy/sell higher. Breakout may occur in 24h more or less. And another micro hyperwaves will start snapshot
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Beautiful bearflag this morning !
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Trade closed manually
I closed the trade near the trendline. I didn't see it before. But my binance order is OK, I hold for 5 days
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Today raw profit on bitmex 1.26%. I didn't have time to reload for another trade. It doesn't matter... It's an ascending triangle. I'll buy the breakout with leverage.

Binance, I'm still in ( +3-4%)
All is OK. we'll see tomorrow.

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Trend Analysis

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