The second down trend wave is DUE and HERE. MA 200 and MA 25 showed gap bearish on Feb 25th 14th of April and 20th of April. Those are very significant gaps as they happened between MA 25 and MA 200.
RSI showed resistance for Jan-April Support line as well as March-April lines.
It is very hard to predict where to close your short position. but 48.55$ is a collection area
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