The BTC/USDT pair on the 1H timeframe shows a classic Elliott Wave cycle, with Wave 4 appearing to have been completed and Wave 5 potentially about to start.
Technical Analysis:
Elliott Wave: According to Elliott Wave Theory, after Wave 4 (a corrective wave) completes, the market often enters Wave 5, which is usually the final bullish wave before a larger...
The PEPE/USDT pair is currently in an accumulation phase, forming a symmetrical triangle pattern on the 1D (daily) timeframe. Trading volume is gradually decreasing, indicating indecision from both buyers and sellers, which is typical for this pattern.
Technical Indicators:
Bollinger Bands: The price is currently in the middle of the Bollinger Bands, suggesting...