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.

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 ...

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 ...

DAX has made a broadening top aka megaphone pattern and the range is looking very wide. If the price hits specific zones we will probably see the reaction. DAX has made a broadening top aka megaphone ...

ES is working on a small megaphone top (red on chart above) for a pullback to at least 2125 and possibly 2050 or even 2000. But ES is forming this megaphone close enough to the August high that this ...

The GBP/JPY is exactly at the POC zone which is very close to the top of the megaphone pattern. The price could be dropping from the 139.70-80 zone straight down towards the D L3/W H4 zone. We should ...

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 ...