samwalker_

samwalker_

On the daily chart, there is a large, active, double bottom bullish reversal pattern known as the Adam and Eve. The shape of the pattern typically has two distinct valleys that differ in shape and together hold a descending volume profile. The traditional long entry occurs after pattern completion on the breach of horizontal resistance with high volume at...

samwalker_ Updated 

If price breaches Cloud resistance a typical target is the opposite edge of the Cloud, or $11.500-$12.900. This is known as an Edge-to-Edge trade. A long entry for this trade has triggered with a daily candle close within Cloud resistance. These trades also have a higher probability of success if they are accompanied by a bullish-tk cross, which is not currently...

samwalker_

I was bored. Decided to update Masterluc's bubble chart. P.s long from $6.000 - there's no need to be upset, @postmalone released his new album today - have a good Friday!

samwalker_ Updated 

Things are looking undeniably bullish right now, but I thought I'd chime in to point out some possible resistance areas that could halt upward movement for the time being. First, there's the middle of the weekly BBand, which is currently right at around $10,000. The market fell below it during the drop to $6,000 for the first time since wayyyy back in the $400s....

samwalker_ Updated 

1.) Price tested 11.9k range high resistance - rejected. 2.) Hourly hidden bearish divergence in tandem with rejection at resistance. 3.) Short-term support based on two swing lows at 11k. 4.) Range: 11k - 11.9k 5.) Still eyeing a run of the 10.5k range.