Updated

Personal memo BTC - 18 july +

I was on ETH, but it's is weak for now :( So, I swith to BTC.
I suppose BTC will grow to 7650-7700$, it's a big resistance zone, then, pullback

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I took my profit a few hours ago.

I realized something. BTC touched 7 535 $ on coinbase. The resistance is a cloud that start at 7600$. Is very close !

So, a consolidation is necessary before another try. Or sideway-> dump can occur too !

I stay out. I've made enough money the day before, I can wait :)

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Let's think... Who will short now ? With a so high RSI ? And we are not really on the resistance ? So... I expect range bound trading. slowly up. In waves

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It worked ! Sold at the top again. It does a few bucks.
What's next ? Correction expected sooner or later. So.. I tie my hands now, or I will loose money ^^
These are the possible target (Fibonacci ).

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Better chart:

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And... If I were wrong ???

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GOTCHAAAA, UP :)

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took profit, and... dump ! Target are ready in the previous chart

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I did a different kind of retracement, just to see...

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And my previous idea with somewhere up is not stupid at all !

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Following the green line for now !

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3d try on the resistance, Failed. Is it a surprise ? Alts are weak. How can bitcoin goes through the resistance whlie alt are weak ? We remain in a bear market.
And now it looks a downtrend chanel. Sooner or later I expect a dump

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Sorry, I change often ^^
Obsiously, it' bullish. It can stay high, and suddenly up. Many traders expect a pullback. And if it's so bullish that we had yet our pullback ?? Look at the alt: there is a nice pullback, so, the consolidation/pullback is in process with BTC.
I'm in @ 7400.

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I sold @ 7450. Range bound trading...

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what's next ? I wait.

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ETH didn't finished his H&S correction. It needs more time. BTC needs more time to work the resistance. I expect a small drop in the chanel. Accumulation. Breakout
meanwhile, let's do range bound trading again

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Exactly what happened ! ETH is very near the bottom. I feel more confortable in my new enter. Next ? waiting !

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We're in a bear market. All parameters says "bear". So.. How could it go through the resistance above ? All alt are weak. Is it really a rally ? I have too many doubts.
I'm out for now.

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4h chart:

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Answer: small dump !! to 7200. Now, may be up

Wavema

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Wavema