when normal bart gets strangulated by homer the price collapse but when fiat dies in a cartoon like hyperinflationary environment Angel Bart is a bullish sentiment for the future.
The levels I mentioned in the previous analysis remain valid however I feel I erred in the time frame of the move down to $7700. The move down however should have been drawn steeper taking us about 2 weeks. The price action leading upto and within the descending triangle seem to be indicative of a BART pattern with a breakdown taking us back to base of the...
Hopium we see a BART/SFP with ascending triangle breaking down down to 78xx on wick or 82xx-84xx for line chart & then boom to 10k
✨ We provide charts every day ✨ Like and Follow to help us grow family! 🎉 --- Longer term trends on Bitcoin (BTCUSD) point to more upside, but in the short term it looks like we could be gearing up a bearish "Bart." We currently are waiting for a short signal to confirm a short entry as a scalp short hedge play against the overall bullish trend. --- 1....
In BTC we see a lot of Bart Pattern happen, They all start from a sudden drop (or gain), some sort of consolidation , then a sudden gain (or drop) with almost exact height of last change. This can happen again, and it can raise BTC up to it's trend resistance at 10k-11k. Halving can boost prices too. Wait to see what will happen....
When it heads up to the top of a channel like that in a big swoop then stalls out the most logical thing in a bear market is to expect a bart. People are getting all frothy about it shooting to the moon from here but I am not buying it. I am not actively shorting it yet but I am lightening up a little on the long term long positions I accumulated at lower prices...
This pattern on OBV has happened many times before during bart BTC patterns. It's consistent with the other analysis mentioned in the attached chart. I expect the X point to be the high and the next target is the bottom of the channel below Y.
The recent distribution bart/bull trap showed up on the 15 minute OBV as divergence similar to this previous chart on that idea: It seems like it's not so easy to actually use OBV to identify it as a bart while it's taking place since it's very dependent on finding the right bar length (that is, 15 minutes works better here than 4 hours). However once it is...
Are you ready? There is literally no reason or usage for Bitcoin to be over valued. Currently 30-40% miners already unplugged and today there is a 14-15% drop in difficulty in Bitcoin network. insights.glassnode.com Transactions dropped under 300k per day and continues to drop. Activity is only between exchanges and very few whales. Otherwise BTC is a No Mans Town.
Head & Shoulders nearly complete. You can also see a Reverse Bart on the daily. We might see a BTC pump before NYSE opens tomorrow!
Last night our trade didnt really play out until a few minutes ago and looked like a bull rally, yet we just double top at 7398, which is interesting, yet retraced all the way back down to the 50ema on the hourly, which has held support and been resistance through out this market cycle. The question is now are we going to go lover? Let's get our facts out of the...
Hey guys I’m back from the holidays and now bitcoin is on a weird projectile movement. Overall pretty bearish as of now it looks like a bart head and shoulders. Last night around 9pm Central weird volume came up and could have put a 50x long and made killer gains today. The market atm looks overly bullish on holding the 6900, yet it’s pretty weak if we keep going...
Hello Traders, Today’s update will be on Bitcoins recent developments, where a possible fractal is playing out with a confirmed Bart pattern. BTC is now trading at a very strong resistant point which can only be broken with strong bull volume. Will bulls have enough in the tank to break resistance or is a retracement back to support more probable? Points to...
The way I see it, there are 3 possible scenarios. 1) (Orange line) BTC pulls back to the bottom of the green region of the pitchfork then dramatically moves higher with enough momentum to break out of the pitchfork and the green resistance line. This is what the moon boys dream about every night. 2) (Red Line) We are headed for a Super Bart. The 3k rally we had...