#BID - Clean Bart Simpson Pattern Detected! 🟡🟣
I'm seeing a nice bearish setup! Don’t get fooled by short-term price action!
💣What’s a Bart Simpson pattern?
It’s a classic crypto move: quick spike up (on high volume), sideways chop (low volume), then a sharp drop back down with another surge in volume.
This usually happens when there’s low liquidity: big players create a trap both ways, catching traders off-guard.
📊Current setup:
🔸Multiple rejections at resistance (red zone)
🔸“Bart head” sideways structure after a big move up
🔸Volume is dropping during the chop ➡️ watch for a big move soon!
My bias:
Expect a bearish breakdown if volume spikes on the drop! 📉📉
Stay alert for fakeouts!
