USD/CHF Technical Strategy: Short-term range seeing support break; intermediate-term trend still bullish. USD/CHF continues to show range-like qualities with support and resistance defined by various ...
The Bitcoin megaphone pattern features at least two higher highs and two lower lows, forming an expanding structure. Connecting these highs and lows with trendlines creates a megaphone-like appearance ...
In detail, megaphone setups consist of a minimum of lower lows and two higher highs forming during a period of high market volatility. But, generally, these patterns consist of five consecutive swings ...
Solana (SOL) price tested its key resistance at $180 earlier this week, but the altcoin failed to establish a position above the level. Over the past few days, SOL has consolidated above the $170 mark ...
From the late 1960's until the early 1980's, the Dow looked to create a large megaphone pattern. As it was attempting to break from the top of that pattern, fundamental valuations were low on a ...
Crypto has been under pressure, with two key chart developments being fodder for the bears. “Out of control” Bitcoin price action and a negative moving-average indicator point to additional downside.
Here is what we said in the August 2007 expanded weekend issue: “We researched and discovered that almost all the major stock market tops of the past century were marked by a Broadening Top pattern .