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 ...
The South African rand strengthened a bit against the US dollar as traders watched the latest South African inflation data and the upcoming tariffs from the United States. The USD/ZAR exchange rate ...
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 ...
The overarching pattern in stocks that I have been following for years is called a megaphone pattern. It is simply a series of higher highs and lower lows. The S&P 500 traced out a large megaphone ...
Bitcoin’s price deviates 12% from its all-time high, but an oversold STH MVRV metric could trigger a breakout toward $260,000. Bitcoin’s bullish megaphone pattern suggests $144,000-$260,000 is in play ...
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.
Most importantly, it has formed a giant megaphone chart pattern, comprising of two ascending and widening trendlines. This pattern is one of the most popular bullish signs in the market. Tesco stock ...