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Bart

BTCUSDT - ZERO HOUR? Quick hourly chart watching: Potential H&S?I don't usually look at hourly, but I felt compelled today for some reason. More coffee than usual perhaps. Here's what I see right now. Looks like we're posting a head and shoulders. keep an eye on it as this is a formation we generally see before a big ole' dip. This would turn yesterdays pump into the up side of a BART. Which it does actually look like. We're above EMA on the hourly charts. Not as big a deal but hey, its there. Also we've been in a clear descending channel. If we take the channel from the 19th we're right at the top right now. Could be the deciding moments in the next little while. Exciting. Watch the previous high, or the potential head in an H&S. If BTC can get over this it will have avoided it's dreaded formation and may test upper limits of 11k. If we post a shoulder (below the high point marked) expect a retest of previous support. Good luck everyone and be safe.
by cryptosince1963
1
#Bitcoin - What's next? I am never gonna get my 10761 short entry filled, this has been my SUPER SWING for well over a month now in my previous idea I mentioned we will see a Bearish diversion forming on HTF & finally we have it with amazing follow-through I was waiting on daily candle close to enter in trade & with Cyclone warning in my city my head wasn't just in the right place , what I missed out in my analysis was FAKEOUT, that's what I am counting this as fakeout from our triangle on the upside to dump back down now here's what I am looking at current charts a possible BART (SFP) we have liquidated shorts, stopped out most & taken out the previous highs, all we need is a retest & that's where I will risk short, I will take profits as mentioned on chart (TP) My long-term triangle is not broken yet nor is my IH&S idea invalidated, we are at the résistance best will be to enter a short position & take profits at different levels as market gives us inverse Head & Shoulder
BITMEX:BTCUSD.PShort
by TradingV2
#Bitcoin Swing short Bitcoin is being Bitcoin hence not trading it from the past week, wicks on both side Exchanges are the only ones making money, retailers are f**ked entering a swing short position here on BTC with 2% account risk, looking at possible Super #Bart (#SFP) 3Drive is still valid also, there is a possible H&S in the making, once we break the Mid support line on the parallel channel I will be more confident with it till then risk small as any trades here are PURE GAMBLE!!
Short
by Bromadic
#bitcoin - Bart it up v2#BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART #BTC will #BART
Long
by Bromadic
Last attempt at the top 2 BART breakdown to $7700 expected.The levels I mentioned in the previous analysis remain valid however I feel I erred in the time frame of the move down to $7700. The move down however should have been drawn steeper taking us about 2 weeks. The price action leading upto and within the descending triangle seem to be indicative of a BART pattern with a breakdown taking us back to base of the pattern at $7700. The final spike of this pattern is likely to be the move up from $8400 reaching the descending yellow long term trend line. This point will be quite a symmetrical breakdown libel corresponding with the move up to the top of the pattern. Thank you for you’re time and attention. Please like and comment if you enjoyed my ramblings and even more so please comment if you disagree as honest criticism is what will allow me to grow. Peace to you all.
Short
by MuhammadZaeemMian
1
BITCOIN ($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
Seems like the formula for a bearish bartWhen it heads up to the top of a channel like that in a big swoop then stalls out the most logical thing in a bear market is to expect a bart. People are getting all frothy about it shooting to the moon from here but I am not buying it. I am not actively shorting it yet but I am lightening up a little on the long term long positions I accumulated at lower prices because I expect the market is going to give plenty of chances to buy back in much lower. I still think 5800 is a very reasonable scale in zone and given the uncertainties in the world as a whole it's also possible for it to test into the 4k area again. I don't really think it's going below the floor which stock-to-flow put in at 3800 but it's also not totally impossible. My overall plan is still the same, to spend the entire summer building a long term position for when the bull market finally returns, and the key to that is to not chase fakeout-style price action like this. Oil is still heading south which is a strong indicator to me that the economy is not out of the woods. That means the crypto market still has lots of time to shake people out and I would rather be buying the bottoms of the shakeouts than be the one getting shaken out.
BITSTAMP:BTCUSDShort
by mljones
3