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.
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.
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