Bitcoin / TetherUS
Long
Updated

Conviction of the Bulls about to be tested. Fatality to Bears ?

475
The bulls seem to have strong conviction on this run, look at the volume bars below, volume bars show increments one after the other, meaning its getting stronger.

Their conviction is about to be tested by the 33k, 34k, and 35k key levels. If they manage to break this levels and break above this humongous range, then it will be a Fatality to the Bears or perhaps a Brutality ? :)

PS. Just an opinion, trade carefully, and do your research, don't get too excited or to depressed, keep it cool. Educate your self. Best of Best :)

A LIKE would be extremely and massively appreciated. Thanks in advance.

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If Bulls fail then they will be eaten by the Bears.
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Let's not forget the huge divergence in the accumulation distribution (line in black/aqua, in volume bars). This was mentioned on the last post.
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Bullish Divergences in MACD and AD. Will Bulls be Victorious ?
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It's getting through. not done yet, could be fake. Be careful.
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Hold tight fellows.
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There is lots of strength in this move. If it breaks the 42k barrier then it will get an upward impulse. There must be lots of stop orders just above 42k, if it breaks they will be forced to buy to cover their positions.

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