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 ...
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.
One of the most bearish patterns in the stock market is the megaphone pattern. Found more often in individual stocks than the broader markets, it is rare to see a megaphone in the S&P 500 (SPY) or ...
XMR price declines 6%, but maintains bullish structural strength. Megaphone pattern hints at volatility before a potential explosive move The daily chart shows a rising channel, confirming a sustained ...
Bitcoin's (BTC) latest rebound from below $30,000 has increased its prospects of extending its retracement move higher, at least according to one classic technical pattern. Dubbed as Broadening ...
The West Texas Intermediate Crude Oil market initially tried to break above the $65 level during the trading session on Tuesday but gave back the gains to show signs of exhaustion again. We are ...