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Megaphone Pattern: The Key to Detecting Volatility in Crypto
This technical pattern is what every trader must master. It forms when the highs rise and the lows fall simultaneously, creating that shape of an expanding speaker.
The bullish play: The price breaks upward from that 5th swing. That's where you enter. Wider swings = stronger movement afterwards.
The bearish move: Breaks down the lower line. You wait for the break of the 5th swing and that's when you position yourself short.
The trick: The more that megaphone expands, the more violent the final movement will be. It’s not magic, it's market mechanics.
Plurals like PLUME, MYX, and TRUMP have already shown these patterns. It is worth observing them on your chart.