BTCUSD is running low of gas and is currently testing massive resistance at 78% fib level as well as doing a typical extended 5th wave with an bearish ascending diagonal triangle. Look out to short at 50250 price level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.