As the name suggests, a megaphone pattern is made up of several higher highs and higher lows. One then connects the higher highs and higher lows with a trendline. The two trendlines move in a ...

The price could be dropping from the 139.70-80 zone straight down towards the D L3/W H4 zone. We should see a nice slide lower if the pattern is respected. 138.99 is the first target and a strong ...

Historic price swings, patterns, and speculation are not new features of the cryptocurrency scene. Among these, the development of important technological patterns is one of the most discussed ...

If Chainlink (LINK) holds its megaphone pattern support, traders should watch for a move above the 20-day EMA at $15.64, with targets at $30 and, ultimately, $45.

The Dow rose nearly 50% following the support test at (2) back in 2016. The rally off the top of the megaphone pattern now has the Dow testing the top of multi-decade rising support channel at (3).