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.
TSCO stock chart by TradingView The weekly chart shows that the Tesco stock price has bounced back as we predicted in our recent forecast. It has remained above the 100-week moving average, a sign ...
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 ...
The bullish megaphone pattern, also known as a broadening wedge, forms when the price creates a series of higher highs and lower lows. As a technical rule, a breakout above the pattern’s upper ...
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 ...
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