If we dont close above 10847, we will move sideways past the trend line till a candle closes below it. Shorts. Entry. 10781 SL 10850. Target: Rekt
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.
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...
Hey everyone, 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...
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!
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...
Hi guys, 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...
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...
BTC served up a Bart pattern. We're in a range and there really isn't anything to do until it pokes its way out of the value area.
Using the rules from "Memetic Analysis: The Bart Chart Formation by Finstradamus" 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.
That's something we haven't seen in a few eons huh? On the lookout for more to form...