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 ...
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 ...
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 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 ...