ChartArt

Overbought, back to test last support

Short
BITFINEX:BTCUSD   Bitcoin
3
The price went up too high too fast. I expect a healthy decline back to where this Sunday rally started. I'm not thinking the entire rally (which is just getting started) is already over here. But I expect at least a pullback before it goes higher. This is my overall outlook for the next weeks:
Entry: $242
Stop Loss: $244
Target: $235

Same chart, zoomed out

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