Bitcoin (BTC) has broken out of a four-year bullish megaphone pattern, which may propel its price to new record highs in the coming months, according to market analyst Gert van Lagen. The bullish ...
Mastering the diamond pattern can provide technical forex traders with a significant advantage in predicting currency market reversals and breakouts. This technical analysis formation is characterized ...
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 ...
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.
Diamond pattern trading isn’t for beginners! Not only are these patterns rare, but also they’re often wildcards, breaking up or down regardless of bullish or bearish indicators. That said, it’s ...
The so-called "bullish megaphone" pattern might be the answer. An indication of potential for a significant surge in technical analysis is often shown by the bullish megaphone pattern. Known by ...
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 ...
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