The bump-and-run reversal bottom is a chart pattern that is a surprisingly good performer in both bull (ranking best for performance) and bear markets (ranking second best). It has a low break even failure rate and high average rise after the breakout. Discovered by Thomas Bulkowski in 1999.
BTC/USD 8-hour: BARR pattern still on point 💪🏌 and price moving as predicted. Orders should be placed between 23500 and 25k to catch the bottom of the bump in accordance with the 2 descending trendline start points and the conclusion of it at 23500... to catch the reversal.
CCL is Double Bottoming with some very distinct Bullish Divergence on the Monthly Timeframe on both the MACD and RSI and it also has a Lead-In trendline that goes all the way back to 2018. If it breaks above this trend line then it will begin the BARR Breakout which could then take it above the Neckline of the Double Bottom and BAMM us up to the 0.886 Retrace up...
#Bitcoin Bump & Run Reversal Bottom Pattern in Daily timeframe Chart..!! What is Bump & Run Reversal Pattern? Bump and Run Reversal Bottom (BARR) is a technical analysis chart pattern that is used to identify potential reversal points in an asset's price trend. It consists of three phases: the lead-in phase, the bump phase, and the run phase. During...
Bump and Run Reversal Bottom Pattern The bump-and-run reversal bottom is a chart pattern that is a surprisingly good performer in both bull (ranking best for performance) and bear markets (ranking second best). It has a low break even failure rate and high average rise after the breakout. Discovered by Thomas Bulkowski in 1999.
ADA has Bearish Divergence on the MACD and RSI and seems to be topping out and breaking down out of a BARR Top and may atleast get a 10% move down in the coming days
If Cel can get back above the .236 Retrace and then the trendline i think it will make a dash towards the .886 Retrace then the 1.618 Fib Extension. *This is a Repost of an existing setup on this coin but the chart i used was an FTX chart and ssiunce FTX's chart no longer exists i felt it necessary to repost the same setup but on a different exchange*
This Pattern is unconfirmed until BCH Breaks above thte Validation Line but right now could be a nice place to try to get in early in anticipation.
We have a BARR on the Intra-Hourly Timeframes that could take it back up to atleast the start of the pattern.
Daily Chart Long term Continuation after correction BARR (Bump and Run Pattern)
BTC at the 4H After a month of sideways support broke down in early January. and support has been found around $41250. what struck me was the BARR (Bump & Run Reversal) formation and is therefore the pattern that continues for now. I expect that the lead-in line will be a target where the bulls will have to prove themselves to gain ground there to be able to...
Hi everyone. I'm watching a probably PRZ in some confluences after a bearish Scott Carney's CRAB pattern figured out. The volume decreasing along the consolidation so-called Bart Simpson indicates institutional price support. In the next two days at least we can expect a distribution phase in the 100-88.6% range of Fibonacci retracement. The 61.8% pivot level can...
BARR might be considered, as hopium! Keep fingers crossed
#Bitcoin (Update) Bump & Run Reversal Bottom Pattern in 8h timeframe.. Send Bitcoin to 67,200 📈 Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
RDN looks ready to break out of this BARR bottom setup into a bigger inverse head and shoulders pattern on the weekly, then into an even bigger IHS on the daily. Nice bullish patterns! Both IHS targets and both BARR targets are marked on the chart. Potential return: ~1200%
COS has broken out of 504 day accumulation pattern. Similar play to the BARR setups. Forgot to publish until now but there is a chance it will come back for a retest which could give you a safer entry.
FET has just broken out of a 632 day Bump and run reversal bottom accumulation pattern. Previous daily appears to have found support, recently had a bullish golden cross too. A daily close above this level would be bullish confirmation for me. Could look to get in on the retest if too adventurous for you to enter now. Potential return ~300%
LSK/BTC pair has broken out of a BARR bottom reversal pattern and is setting up for a nice ~213day Inverse head and shoulders pattern.