ClearValue Team Insights
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SOL Flipping Resistance Into Support
Solana has the most bullish price structure, having already broken above the red resistance line and retested it as support. SOL is trading slightly above the red support line, and there is support at the red line around $163. It is possible for SOL to rebound without touching the red line, but for now the […]Read More
Ethereum Forming a Weak Rebound at $3,130
Ethereum is forming a relatively weak rebound compared to Bitcoin. ETH has support around $3,100 for now, I would monitor to see if there is a convincing rebound forming here. If ETH does rebound there could potentially be a move up to the red trendline around $3,700. I think ETH’s price action will depend on […]Read More
Bitcoin Forms a Bullish Rebound at $63.8K
Bitcoin has been in a downtrend after forming a rejection at the upper range of the green bull flag. However, overnight Bitcoin has rebounded around $63.8k with support building up at the yellow trendline. I think Bitcoin is likely to trend back up to the upper range of the bull flag for another attempt to […]Read More