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Solana (SOL) price tested its key resistance at $180 earlier this week, but the altcoin failed to establish a position above ...
"We would expect more gains to come now, as the top of that megaphone pattern (represented) very heavy resistance," said Chris Kimble of Kimblechartingsolutions.com. Kimble, a chart analyst for 30 ...
The megaphone pattern, also known as a broadening formation, is a technical analysis chart pattern that traders observe in various financial markets, including cryptocurrencies like Bitcoin.
On the positive side, it has remained above the 50-day moving average and formed a megaphone chart pattern. This pattern is made up of two ascending and diverging trendlines. In most cases ...
Solana price hit resistance at $180, but soaring network activity and a megaphone chart pattern could catalyze a move to $210. Solana formed a megaphone chart pattern with a potential $210 price ...
Including the recent minor dip, Solana has formed a megaphone pattern on the 4-hour chart, a classic technical setup indicating increasing volatility. Solana 4-hour chart. Source: Cointelegraph ...