✨ 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....
Short intraday bias, still don't have an actual position on this yet, will mainly be looking for a support/resistance style of trade where it dumps below and tags prior support, probably the bottom of the bart itself. Once it gets to 5800 or so I will be looking to add on to my long term long account and buy crypto on a dollar cost average basis. I will not be...
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...
This week is nothing but reverse bart patterns and scam wicks! I guess this is the result of decreased liquidity caused by the slowly declining volume during the consolidation phase. Bitmex is trading below 2 billion volume as of now, yet open interest is on the slow ascending trend. This tells me the accumulation is taking place possibly by big fishes. In...
Is Bart going to upset once again or will he be merciful this time?
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...
We have been trolled by a textbook Bart Simpson pattern! What does this mean for bitcoin? Will we go up now for a double whammy back to back bart-man trolling pattern? will we fall back down to 9k again now? I have no idea, i just wanted to draw a bart face on tradingview.. But you write down what you think is going to happen in the comments below! Also did i do...
Last year, Bitcoin whales relying on technical analysis added a new weapon to their trading arsenal. This weapon is a chart pattern, known on social media as simply Bart. It all started after the big boom of 2017 when Bitcoin showed its first signs of weakness. The price collapsed and so did the liquidity on all cryptocurrency exchanges. The bull market was...
XLM will likely drop back towards 1850-ish prior to rallying.
A meme develop in the crypto community around this unusual price pattern seen almost extensively in crypto currencies, characterized by its sudden rise in price, sideways movement, then sudden drop which had been widely popular in the entire duration of bear market 2018. It has become so popular that trader @JamesRkaye made a trending post about it. Check his...
Scaling into a short here, expecting it to print a Bart pattern pretty soon and dump back to the old support level. Am catching a wick so using a wide scale in region.
Just a lighthearted moment in these rather nervy days of sideways trading... is this an extended bull flag preparing to pump higher, or is Bart Simpson hours away from his next appearance? Good luck all!