BTC Areas Of Opportunities

22 thg 8, 2021

BTC Remains its uptrend price action and although it has been facing a strong resistance in the 50k area, the overall bullish structure has not been broken. It is important to understand that we may be looking at the last impulse stages before a possible major correction occurs, however until price does not break bullish structure, short positions are a no go. Right now price is retracing in order to make what it was resistance into support. Keep an eye on the marked areas, be patient, wait for a rejection and then long positions could be taken for a continuation to the upside.