What is Bart Simpson pattern?

After a sudden but significant price movement, things return to normal and prices consolidate at a new level. The pattern that forms is known as Bart Simpson Pattern. Technical analysts named this pattern Bart Simpson because of its resemblance to Bart Simpson’s head. What is the possible reason for the formation of the Bart Simpson Pattern?

Why is Barts a crypto asset?

This phenomenon can also happen in non-crypto assets, and it has given the name “Barts” because the asset’s price pattern looks like the head’s shape of the iconic Simpsons character, Bart Simpson. It is useful to know how to recognize this pattern, as it can significantly affect short and mid-term trading positions.

How much did Bart Simpson shirts cost?

“Eat my shorts,” read one of the shirts. “I’m Bart Simpson, who the hell are you?” asked another. While some of the shirts, which were priced from $11 to $14, weren’t as inflammatory—Bart urging “Don’t have a cow, man” was the top-seller—the more incendiary designs were what upset school officials.

What does Homer do with a Bart Simpson label?

He ends up showing the most interest in the label-maker that Patty and Selma get him, and uses it to put "Property of Bart Simpson" labels on many things in the house, including a radio, Homer's rear and a can of beer (to Homer's dismay), and Santa's Little Helper .