What is 'Three White Soldiers'
is a pattern that predicts the reversal of a downtrend. The pattern consists of three consecutive long-bodied that open within the previous candle's real body and a close that exceeds the previous candle's high. These should not have very long shadows and ideally open within the real body of the preceding candle in the pattern.
There are many other signals on the Cardano ( ) charts.
Note: This is not a trade advice.
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Can also be held long term.
If the price drops and quickly bounces, then that doesn't change much. It would just be another confirmation that the bottom has been found and it is time to move on.
So many factors to take into account.