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Bartpattern

The weekly on btcusd.This was an anonymous week where the classic capture of margins was witnessed on derivatives, if you go and look at the 1h timeframe, you will notice the "Bart" a new name for a fractal that often occurs on cryptocurrencies, which in any case has no value and is only a grammatical "flourishment", for now. The important thing is that the price has not broken the low, so the intermediate-term bullish trend remains for now, even if the price has been catching its breath for a while, surpassing previous retracements in bull markets. The only analogous and similar period given that it occurred after a halving, is the period between June and August 2016, culminating with a hack suffered by bitfinex, which was then patched up in some way. Today there are many hacks linked to exchanges, also because the latter have increased in number, but they no longer have the same impact as before. Today the bitcoiner has become a worse hypocrite than he seems, today we are waiting for the Fed data, today we look at what the large capital management funds are doing, so if we are dealing with these movements, it is because the professionals know how screw you. I can only recommend following the long-term trend, i.e. the underlying one, and staying away from financial levers linked to cryptocurrencies, or in any case if you use them, look for instruments that have a clearing house that establishes the validity of that exchange, not it is 100% safe but at least you don't risk losing capital in a margin call due to the dump of a meme coin taken with leverage greater than 10.
BITFINEX:BTCUSD
by Melupira89
#BAR/USDT#BAR The price has been moving in a descending triangle since July 2022 The downtrend for that channel was broken at 2.1 $ It is the same strong support area Supported by oversold on MACD It is supported by the moving average 100 break of 1 D Frame Current price 4 .2 $ First goal 5.13 $ Second goal 6.70 $ The price is expected to reach approximately 300% so far The market's upward momentum will lead us to the expected targets But you should pay attention to the presence of some correction during the rise
Long
by CryptoAnalystSignal
2
Bitcoin Update 30.10.2023Bitcoin seems to be at a critical point. I think two scenarios emerge here. If Bitcoin closes hourly candles above $35,000, it will open a bull flag and therefore has the potential to run up to $38,000. However, if Bitcoin is rejected at $35,000, it will retreat to $33,700, and hourly candle closes below this support level will create a Bart pattern, pulling Bitcoin down to $31,000. Since it doesn't matter what I feel or don't feel and the only thing that matters is the critical $35,000 resistance, I think this level should be carefully monitored.
INDEX:BTCUSD
by YavuzAkbay
1
Bullish Bart Simpson Pattern 📊🐂The Bart Simpson Pattern: Imagine a price chart that suddenly shoots up, then sharply drops down, forming a distinct "hair" shape. That's the Bart Simpson pattern – a unique market movement that resembles the iconic hairstyle of the beloved cartoon character. 🐂 Bullish Vibes: While the resemblance to Bart's hair might be amusing, the pattern's significance is no joke. Many traders interpret the Bart Simpson pattern as a bullish signal. The sharp drop often provides an opportunity to buy the dip, anticipating an eventual upward move. 💡 Trading the Trend: The Bart Simpson pattern is a reminder that trading is about spotting opportunities in unexpected places. Just as the pattern appears when you least expect it, bullish momentum can emerge from seemingly bearish scenarios. 🚀 Bullish Potential: Why is the Bart Simpson pattern seen as a bullish signal? It's because the sharp drop can shake out weak hands and set the stage for a potential price reversal. When the market seems to mimic Bart's hair, it might be signaling a trend in the making.
by AlexWhale
Bitcoin - Bearish 21k target confirmed! (Bart pattern) The Bart pattern is now confirmed, and it doesn't look good at all for the price of Bitcoin! We need to react to the recent price action, and this pattern is breaking down. I would not be surprised if we woke up in the morning and saw a big red dildo! You can say that Bitcoin is still inside the major parallel channel and that we are still bullish, but I can tell you that the trendline has already touched three times, and only a small bounce is expected on the fourth touch. This channel is starting to be overextended, and it looks like we are going to see a huge crash! This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and post trade setups privately. My target is still 21K, as you already know. I am not buying any BTC for the long term until we reach this target. It's a strong support because of the 0.618 Fibonacci retracement and the unfilled CME futures gap. September is usually an extremely bearish month, and October is not the best either. I think the best scenario is if we see a huge, fast crash, so we can buy cheap bitcoin as soon as possible. As per my Elliott Wave analysis, a huge major impulse wave (1) has been completed, and we are looking for an ABC correction. Markets, especially Bitcoin, move in clear waves, and this theory is pretty good for it. I warned you about this Bart pattern in my previous analysis, saying that it's a very possible scenario. This was definitely a good idea, and now the price is going down. I am now bearish on Bitcoin and expect lower prices. Let me know in the comment section what you think! Thank you, and for more ideas, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
177
Doge coin .... Bart pattern The Bart Pattern is a meme way to describe a consolidation phase of the market whether it is the stock market or crypto market. It is a trading jargon particular to the chart technical analysis. There are many other names that refer to Bart Pattern including Bart Simpson Pattern, Bart Formation, Just Bart, Bart-ish Consolidation, or Bart Correction. The shape of consolidation resembles Bart’s hairstyle. Why Bart !!!! In the Simpson’s cartoon, Bart is a failure in school but a rebellious kid with the skill to prank others. These kinds of characteristics give a Bart Pattern a meme spirit with an idea that you got a prank! The positive Bart Pattern is the head with the correct position. This kind of pattern is lacking the volume to push the price upward. It then drops significantly due to a lack of volume trading. The negative Bart Pattern is the upside-down head. This kind of pattern is when the market sells sharply but realizes that the price is too cheap with sudden buyback to shoot up the price more than before. The negative Bart Pattern is the upside-down head. This kind of pattern is when the market sells sharply but realizes that the price is too cheap with sudden buyback to shoot up the price more than before.
by Baharmostofi
4
BTC/BARTS HEAD LONG/SHORT SETUPIn this idea I share one of my very own formations that only I have observed and classified. I have many formations of candlesticks that always move the same way that are all my own and have never been written about or discussed by any trader or master analyst. I know there is always those people that will shout "THERE IS NO ABSOLUTES!!" and will pair that exclamation with a angrily shaken fist. To those people I politely disagree. There actually is a lot of constants...This one I am willing to share. This is the Bart's Ankle and can be found at the base of a barts head's rise. It is the foundation of the barts head. This is not something I would expect others to pick up on by staring at candlesticks, but I only use candlesticks to do my analysis. They speak to me and to me the slightest differences speak volumes. So show me some love for this amazing share and follow me to share in more of my unique concepts and ideas that keep you in the gains and don't leave you unaware to be rekt. Much love to my supporters
by The_New_Disciple
12
#BTC.DOMINANCE BART PATTERN CREATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. Hello, dear traders welcome you to this BTC.DOMINANCE 2hr chart analysis. CHART ANALYSIS:-This Bart pattern is forming so we can expect BTC dominance from here to be a power buying opportunity for 41.60% BTC pair, we will give you a slack BTC pair coin update soon. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
CRYPTOCAP:BTC.D
by CryptoSanders9563
1
Bitcoin Bart Simpson formation patternIn crypto, the Bart Simpson formation, or just Bart, is a short-term chart pattern. In a Bart formation, the cryptocurrency market rallies sharply, usually on a shorter timeframe like 30M, and after a period of flat (sideways) action retraces all of its previous gains. The name Bart came from the pattern’s likeness to the shape of Bart Simpson’s head. On bitcoin markets, the Bart shows up only after long periods of sideways. In those times the volumes decline and not much is happening on the markets. The idea behind the Bart pattern is that there was an attempt to start a run-up in the market. It could have been done by a single actor or by means of organic uncoordinated speculation, that doesn’t really matter. The important information is that this attempt did not catch on. Bart is a signal of relative weakness on the market: The speculation is trying to get ahead of the market. Bart pattern is always a “failed attempt” at something: Either a failed attempt at starting a run-up after a sideways period, or a failed attempt at building a bottom after a down trend. Quite typically, crypto markets will show bart patterns at the end of a channel or triangle formation that has been in the making for a few weeks. Ends of triangular formations are in particular a good place to spot bart formations, because the volume there is getting lower - a lot of traders go to the sidelines, waiting for a decisive move. Remember that Bart is a failed attempt at starting a run-up. There was some follow through, but not enough yet. The market needs to build up the momentum a little longer, and in the meantime a fundamental event can happen that changes everything … In other words, there is no way to time the market from the presence of Bart patterns alone. However, it does show some early confidence on the market. So, those are the options: If the market is failing to establish bottom, it is too early to be bullish. You may have better odds in short-term short positions, but you need to consider other technical analysis, such as support and resistance lines. It is a super bad time to speculate with futures or any other time-limited contracts. With plain leverage though, the story is different. You could use contracts like the Bitmex perpetual swap to try and catch longing the next Bart. Shorting it is more risky if the overall structure of the market looks like slowly setting up for a run-up. If there is a Bart on the hourly charts but you are normally looking at the D and W charts and your opinion there is bullish, you could buy spot for the mid- to long-term.
by cryptoTradingAnalytics
7