pepe → just buy and hold it

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Pattern: The chart shows a potential "Three Drives" pattern forming, a bullish reversal pattern.
First Two Drives: The first two drives have been completed, with the price bouncing off the trend lines.
Current Position: Price is near the bottom line of the channel after a "hunting candle," suggesting a potential third drive.
Outlook: If the pattern completes, a strong move to the upside toward the projected third drive target is possible.

Summary

  • Pattern: Developing "Three Drives" bullish reversal.
  • Support: The price is near the bottom trend line.
    [*]Potential Move: Anticipating a third drive upward.


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Beyond Technical AnalysisChart PatternspeepusdtpepepepeusdThree DrivesTrend Analysis

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