Barts
Give us our weekly BART as we give you our bitcoins!dear coinlords,
in the last weeks you BARTed us so many times (bart pattern: sudden spike up, stable for some time with small jitter, sudden strong dump down), you like to bart!
so i expect in the coming 7 days atleast one strong move up ( + ~ 400$!) as next price action since we finished the dump down phase of the recent bart.
New Bart PatternA 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 post by clicking the next image.
Just recently I've been hearing bears here and there for the past two weeks taunting another bart pattern will emerge.
Well times have change, the bart pattern we saw now look like these.
It would be fun to see double barts in the upcoming bull.
Bart Attracting Volume - Pulling In Short Entry ZoneLooks 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 change the fib projection.
I am not even going to attempt to predict the path it will take to get up to the shorting zone. It will probably be a tortuous path of barts and widening patterns.
All that matters is that it get outside the range to produce some kind of good RRR.
As long as it's stuck in this range any trade is probably throwing away money because it's very hard to define your risk with any degree of certainty.
BTC forming another Bart Simpson??? Ay Caramba!Bart Simpson TA is real.
No longer just a meme. Bulls, beware the Bart Simpson pattern. The spiky haired little rascal has slain many a bull.
First, he will pump you up with a big green candle. This is the start of his trickery. All seems well as his classic spiky hairdo remains steady, leaving you waiting for the next breakout from the squeeze.
Alas, this is all part of Bart Simpsons nefarious plan: He has a giant red candle hiding in his back pocket, along with that infamous slingshot.
Bart Simpson is beyond TA. Bart Simpson is life. Don't get rekt.
This if not financial advice; do your own research; I'm a plebian idiot; etc etc