Absolute madness from BTCUSD , 6350$ to 7500$ with no correction , and still looks very strong, overbought on higher timeframes , currently trading at 7480$ , opened a small short here , with targets on the chart , i expect btc to go to 7300 at least then test 7.8k , insane growth to here , needs to retrace , looks very strong , although i see this as a very risky trade cause MACD , RSI and stoch all show postive growth on the hourly chart , so maybe a small pump up in price then dump, my previous counts and analysis on btc were wrong , will be looking for entries to long to 7.8k and 8k , which i will also be shorting there ;) , please dont forget to leave a like and comment :)
Comment:
Hit the first target , got close to the second and bounced , looking real bullish here, we might see another leg up to 7.8k , where i will be shorting it with a target of sub 6k levels , :)
Trade closed: target reached:
followed the chart, we should see an ABC correction here to 7.1k - 7.4k levels , then 8.4k , on mobile at the moment and travelling , will make a chart once i get access to internet , on vacation at the moment :)