ClearValue Team Insights
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ETH Still Neutral After ETF Approval
I’m sure many of you are wondering why ETH hasn’t pumped after yesterday’s ETF approval news. The pump occurred before the ETF was approved with a strong pump on Monday. ETH is currently trading between the light blue and yellow zones. When the Bitcoin ETF was approved we saw a strong rally from $35k to […]Read More
BTC Trying to Rebound off the Bull Pennant
BTC has been in a downswing after a rejection at previous all time highs in the yellow zone. Yesterday I discussed how the white trendline from the bull pennant could be a short-term support target. There was a wick down to this white trendline, and BTC has been forming a rebound so far. I think […]Read More
IWM Rejection in the Red Zone
I have been patiently waiting for IWM to form a bullish breakout from the red zone. However, there has been another rejection. Yesterday IWM failed to stay above $205.31 and has dropped below the red zone again. I think there will be more attempts to break through the red zone, but I would give IWM […]Read More