I've noticed 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. However, from my experience similar patterns are rarely seen in higher liquidity markets like Forex.
It is possible that this pattern is sometimes...
Lets get straight to the point, bitcoin is going down in the short term however so i'm here to prepare you for the best short you've had in your lifetime !
One of the first support lines of bitcoins big bull market surge is the 100 MA line which acted as support throughout the whole bull market, once bitcoin broke down below it you can clearly see it acted as...
I've been quite passive for the past few days and it's weekend again. In my last few posts, I kept shorting Bitcoin and I strongly admit that I wrong. However, I can say that it seems like I'm a God when it comes to timing.
Here's a little story for my few followers.
On the 12th of November last year, I told my colleagues and friends within the...
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...
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!
I am back after a short winter holiday break with new ideas for your. What's going on with BITSTAMP:BTCEUR at the moment? Up, down, up, down, down... and so on.
Come on guys, let's push this chart a little bit.
What I can see now is a falling wedge in this downtrend. And perhaps we will see a nice breakout on Sunday or Monday morning.
Another idea is...
Classic crypto Bart's Head pattern
"The reason for these sudden pumps and dumps is likely to burn margin traders, whether short or long, by manipulating the market. While some believe that this is done by the exchanges themselves — which is entirely possible due to the lack of regulations — this might be related to large crypto traders"
Where from here? we will...
Looks like the Bart dump out stopped out a lot of bulls which means it will probably be harder for price to get up as far as I was thinking.
I'm moving my region of interest to start shorting back to where I first projected it previously. The lower region is mainly a fib projection of the current bart.
This bart hasn't finished so it may expand lower which would...
Using the rules from "Memetic Analysis: The Bart Chart Formation
Looks like the recent head and shoulders can be defined by some green then red barts, followed by the current one which is a bit ambiguous and has been colored grey.
Following the last tendency and taking into account the fact that we have touched the trendline for the third time I will place couple LONG orders with TP around $3950.
There is also a possibility of FLAG formation, so make sure that one of the patterns is confirmed.
WARNING: Ensure that you follow your risk and money management rules!
After the dump last week BTC is getting some momentum. We have bullish divergence wich means that bears are getting weaker, for me a strong indicator for a long on BTC.
Bart simpson pattern likely to occur.
Some Dollar weakness because of Thanksgiving US Holiday (Thursday & Friday), There is no big BTC...
As described in the headline I am waiting for a Bart Simpson chart pattern on BITSTAMP:BTCEUR .
I think it will last till Monday... What do you think about my speculation? Let me know - thank you guys :)
eXample of "BART SIMPSON" patron (inverted). Look the candles of 15 minutes and see how the price come back to the previous level. For me its a kind of bot manipulation of the price (f.e:shorts squeeze).
PS:sorry for my English, my native language is Spanish and i am an autodidact and i still learning
PS2: this post its open for discuss ideas for education...