It did look like the previous walls were pulled on the way up, but this one is staying. That's kind of an ice cool way of selling 10-15K:
If the buyers start eating into your wall at 29.50 move it up to 30. If they get tired of chewing on your wall, make it a little smaler and support it with a buy wall. It's a bear trap used for selling?
Looks more like a bull trap.
Is there such a thing as a bull trap? I just thought they got a bolt pistol to the head when they were done?
Those aren't living that long, not this one.
I posted a picture of our bull above, he's bleeding and waiting for the matador to put him out of the misery. It's a cruel sport.
For sake of the show we have to wait for his arrival and besides divine intervention or alien abduction he always comes.
Get some roses.
Bullish or bearish, why would anyone still hold faith in walls is beyond me. A big player is not going to be so nice that he sends everyone a warning before he dumps, or dumps at a spot that lots of people have anticipated, otherwise anyone could call the top.
When the dump comes, it's always going to be sudden, massive, and completely unexpected, so as to maximize the panic factor.
And no, every market crash is at least initiated by a/several big players.