Understanding and recognizing the megaphone pattern can aid traders in anticipating market movements and making informed trading decisions. The Bitcoin megaphone pattern features at least two higher ...
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 ...
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 ...
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.
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 ...
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