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Bartpattern

Bitcoin 15m chart 03/10/2021 Bart?How how are you trading crypto? Do you remember 2017-2018? If yes, you know Bart pattern. Exactly - Bart Simpson. This pattern is called based his head... In this bullrun I haven't seen any pattern like this and probably this will not Bart. In case of Bart price will drop down back to 43 - 40K and bitcoin will continue with correction. Probably bitcoin will continue up, there are some reasons. 1) Volume was high 2) Alts are superbullish 3) On-chain data shows that new traders are coming again...
COINBASE:BTCUSDLong
by UltimateCryptoTrader
BTCUSDT Bart incoming? 🦐BTCUSDT had a huge SHORT SQUEEZE on Binance Futures. and now the price is testing the weekly resistance. IF the price will have a breakout from it, we can look for a long position. Usually, after a huge "artificial" pump, we could see a Bart Simpson pattern, and the price could retest the previous resistance as new support. According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure.
by InkyGrip
38
Bitcoin ShortThere are some interesting things shaping up on this chart. We are currently retesting a previous area of support on the hourly which may serve as resistance. If this plays out, then perhaps the bear flag will send us to the 1st target level which sits at the 38% fibs level. Our 2nd target sits at the 50% level while the 3rd is a combination of the 61% and 78% region. If this plays out, our BART Simpson pattern will be completed. We could also see $50k being hit first before correcting. This still can be part of the overall pattern.
BITSTAMP:BTCUSDShort
by ewhite41
1
15/08/2020Classic weekend Bart pattern. I honestly cannot say I am surprised, I was actually expecting it. We had the same over a weekend not long ago and I knew after the pump towards the 12K mark was going to retrace, shorted it for a small PnL but was not enough, I should have waited longer and I would have caught the Bart drop. Up around these price levels we will have people taking profits and some miners capitulating at a higher price. I would not rule out another higher end pump followed by another dump for some to take profits at the highest level possible. Be careful trading this market and ALWAYS use a stop. Don't get REKT! Happy trading friends.
BYBIT:BTCUSD.P
by Crypto_Jakk
BITCOIN ($BTC): Hedge Short on this Potential BTC Bart✨ 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. Fractal Trend is showing a downtrend (Red background color) for BTCUSD on the 30 minute chart. 2. Breakaway Scalper is currently neutral (Grey bar color), so we have no trade yet. 3. With this strategy we enter short ONLY when Fractal Trend shows a Red background and Breakaway Scalper shows a Red bar color. We enter long on opposite conditions (Green on Green) and otherwise are not in a position. 4. We are currently looking for a short signal from Breakaway Scalper. As noted above, the idea being that while the overall trend is bullish, a short term downtrend could be forming we want to capitalize on that. 5. Although there are a few potential support levels on the chart, we are mostly eyeing a breakdown below S1 with a target of the S3 cluster to cover our shorts... although we will look for reactions at S2 in case the move down is rejected. 6. To the upside we will look for reactions at the R1 short term swing highs and R2 range swing highs. 7. To ensure we try to reduce potential drawdown, we are using Breakaway Scalper's built in static stop loss if we open the short.
BITSTAMP:BTCUSD
by AlphaBotSystem
5
Behold Bart Breakout 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 using all my account for that because I think there will be a dump out after the halving which I want to use for accumulating also. But for now I'm looking for it to head to the Z point or thereabouts. It's notable that oil is dumping to incredible new lows which means the economy isn't yet roaring away and that it's probably a little early to be expecting cryptos to moon. A better plan is to have patience and buy shakeout capitulation.
BITSTAMP:BTCUSDShort
by mljones
BTC- Accumulation modeThis 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 addition, volatility is slowly ticking up as well. Other signs to pay attention to- CME open interest and volume going up + Backwardation + USDT premium going up As we all now, low volume is a precursor to the high volatility move... As long as 8.4k is defended, I will continue my buy on the dip mode!
BITFINEX:BTCUSDLong
by Libratus
Are we headed for another Super Bart? Or are we ready to launch?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 from 7.3k was another whale playing games again. Why do I say that? Take a look at the volume since November. It has dropped off significantly. The retail buyers are not in control and they are not buying. It is like someone has shot a model rocket into the air and it has gone up 3,000', reached its apogee and now is slowly descending. Unless it has a booster rocket to take it higher, it will come down. The fuel is spent. Expect it to hit the ground at 7.3k where it was launched from. This will complete the Super Bart formation. You know this has happened without even looking at the chart because you will hear the moon boys in the next room sobbing in their pillows. I expect the whale to push the price up to the near the top of the pitchfork before dropping it like a rock, to sucker in more retail buyers (bull trap). 3) (Blue Line) This is where it can get nasty. The whale uses the momentum of the fall from 9.2k and takes the price down to 6k or even lower. This is to shake out the bitcoin from the weak hands. It churns around here for the rest of the year in order to inflict as much mental anguish to the hodlr's as possible. Summary: Unless the price breaks out of the pitchfork, then forget about a breakout. Same goes for the green descending line that acts as resistance. Unless this happens, the moon boys might as well hibernate for the winter. Put an alarm on the green descending line to wake them up if something happens.
BYBIT:BTCUSD.P
by BDG
The "Bart" pattern in crypto-- Eating Shorts!!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 over. As a result, whales and exchanges alike had to come up with a different way to make money and survive. What followed next can be seen clearly on the Bitcoin (BTC) price chart. At first glance, it looks like a regular pump-and-dump scheme — and, to some degree, it is exactly that. Cryptocurrency critics gave the pattern a catchy name, turning it into a meme on all social media: Bart. www.google.com
COINBASE:BTCUSD
by setrader33