Bitcoin
Short

Megaphone Pattern

111
In the weekly BTCUSD chart, we observe a developing megaphone pattern. This pattern is identified by diverging trend lines, forming an outline resembling a megaphone.
The yellow lines on the chart outline this pattern, connecting the higher highs and lower lows.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.