$PEPE
Type of Analysis:
Wave-based Technical Analysis with integration:
Horizontal Support and Resistance Areas
Price Channels or Trend Paths
Bollinger Band Indicator or Oscillator Indicators
Details of what is in the image:
Ascending Blue Stocks:
Indicate potential upward scenarios.
The drawn upper target is at 0.00004076.
Horizontal Support and Resistance Lines:
Represent the most important levels from which the price previously rebounded.
Such as 0.00000973, 0.00001268, 0.00001722, and others.
Colored Indicators (Green, Red, Blue) on the right:
May result from an analysis tool like "EMAs" or automatic support and resistance indicators.
The analysis relies on a reversal pattern:
It shows that the price was at a bottom, and there is a beginning of an upward wave according to expectations.
For some intruders on the subject