PROSBUSD - Bump and Run Reversal Bottom PatternThe 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.
Barr
BTC/USD 8-hour Shots at the BARR. Get Down with the Pattern.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.
Carnival Cruise Line: Bump and Run Reversal BottomCCL 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 at $59.65. I personally am trading this via the 2025 LEAPs at the strike price of 10 dollars though i may also get other long dated calls at different strikes later on.
Bitcoin | Bump & Run Reversal Bottom Pattern..!!
#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 the lead-in phase, the asset's price trend is relatively flat and stable. Then, during the bump phase, the price experiences a sharp increase in value, followed by a brief period of consolidation. Finally, during the run phase, the asset's price experiences a sharp decline, which usually marks the bottom of the trend.
The key characteristic of the Bump and Run Reversal Bottom pattern is the presence of a gap between the lead-in phase and the bump phase. This gap represents a period of excessive speculation and creates an overbought condition, which is ultimately corrected during the run phase.
Traders use the Bump and Run Reversal Bottom pattern to identify potential buying opportunities, as the price may be poised to reverse its downward trend. However, like any technical analysis pattern, the Bump and Run Reversal Bottom should be used in conjunction with other indicators to confirm the potential reversal.
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PROSBUSD - Bump and Run Reversal Bottom Pattern?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.
ADAUSD: Bump and Run Reversal TopADA 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
Celsius Token Future Potential Bump and Run Price ProjectionIf 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*
BCH Potential Bump and Run Reversal BottomThis 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.
STGPERP: Bump and Run Reversal BottomWe have a BARR on the Intra-Hourly Timeframes that could take it back up to atleast the start of the pattern.
BTC USD one more BARR Pattern ?Daily Chart
Long term Continuation after correction
BARR (Bump and Run Pattern)
BTC BARR FORMATION 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 continue up with 2 price targets one based on the start of the Lead-in and the other on the RUN or the outbreak based on the reflection of the longest distance. If the bulls get rejected, it could just be that the bears will prepare another attack to test the $41250.
Keep calm, trade safe and manage your risk.
*(Disclaimer: This is not financial advice)*
BTCUSDT CRAB PRZ Supply to neckline retestHi 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 be a TP1 in a reversal breakout of 88.6%. The actual price action reinforces an ideal pullback to touch Head and Shoulders' neckline which can be spiked at this supply sector, as predicted in my past overview "potential pullback...". An expected overbought condition in the next daily coincides with a key level for institutionals to liquidates high leveraged longs by sardines that came in the BARR impulsive breakout.
Bitcoin | Bump & Run Bottom Reversal..!!
#Bitcoin (Update)
Bump & Run Reversal Bottom Pattern in 8h timeframe..
Send Bitcoin to 67,200 📈
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RDN/BTC IHS/BARR bottom accumulationRDN 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/BTC Long term Accumulation break out 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/BTC BARR Bottom break out 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 IHS/BARR Bottom 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.
AGI/BTC BARR Bottom accumulation potential break outAGI/BTC is attempting to break out of this 972day BARR bottom accumulation range for a second time. I am expecting it to hold this time.
Long from here targets looks decent when it runs.
XVG/BTC BARR Bottom Breakout XVG has broken out of it's 662 day accumulation range forming a nice Dump and Run Reversal Bottom pattern.
Looking to scale 50% here and another 50% on the retest if this up trend fails.
BTC (Y20.P2.E10).Macro.Bullish.Inverted BARRHi All,
I believe i have come across the macro structure taking form. In a way, it explains why we are so bullish.
Also let me be the first to put this idea out there and hopefully get the acknowledgment after confirmation and "LIKES" please now.
Hopefully we all benefit.
Note: I wanted to be thorough and to answer my curiosity and it turns out after checking the previous bull trend in 2019, surprisingly it happened there as well (refer to the charts below)
This is no trading advise.
> Instead of me writing all the observations, the chart and this link will explain most of it.
> There is plenty of reading material on the inverted BARR formation.
Other considerations:
======================================
> Keep an eye on the global market (so far Gold, SPx500, etc all going bullish)
> BTC Halving is not far away
> We are coming into the weekend, can make it go higher while the other markets stay on hold
> Have your stop loss strategically placed
Reference material:
============================================
tradingstrategyguides.com/bump-and-run-chart-pattern-strategy/
and
tradermentality.com/2016/01/bump-and-run-reversal-barr-2
Note:
> Interesting when I went to make a tag on this post using invertedbarr and barr, there was none.
> So thanks to me, we have the first reference to these structures.
All the best.
Please give me a tick or a like as an appreciation of this post.
Regards,
S.Sari.
Comparisons to the previous run
BIGGER Picture
#ethereum - Hope, although lead line broke? 1DGood morning everyone, time for an update on Ethereum.
As you can clearly see the formerly mentioned lead line did break down and got retested.
So does this mean ultimately that´s been it?
Not necessarily, on this Daily timeframe we also have to look at other factors, rather than only at one,
at the moment we have to closely watch what is going to happen from now on day by day to not miss any
potential long-signal clusters forming ABOVE the SMA50 AND the Ichimoku cloud, that did not get violated so far and do
play a very big role in forming a proper validated uptrend, especially after Ethereum printed the bullish golden cross not long ago.
For now this holds, watch the Daily interval closely, also with regards to the closer halving of Bitcoin, which could save this.
Have a nice weekend folks.
Neru
