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The megaphone pattern’s structure — identified by ascending peaks and descending troughs — had created the groundwork for a multi-year accumulation cycle. Each “base” phase since then ...
Taking this into consideration, a crypto analyst has unveiled a new technical pattern in the Dogecoin price chart called the ”Descending Megaphone.” The analyst has suggested that if Dogecoin ...
The Dow's megaphone pattern To maintain the megaphone pattern, the market would need to sell off at some point to a level below the 2009 credit crisis low. But the huge turnaround in the market ...