ClearValue Team Insights
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Clouded By Uncertainty: The Future Of Ethereum ETF Approval In The U.S.
After the successful approval of Bitcoin ETFs, the cryptocurrency market was buzzing with excitement and optimism. Many believed that other crypto assets, like Ethereum, would follow suit and gain approval for their own exchange-traded funds (ETFs). However, the current outlook for the approval of spot Ethereum ETFs in the U.S. is clouded with uncertainty. Unlike […]Read More
U Rebounding Near All Time Lows
$U is trading near all time lows in the light blue support zone between $25.28 and $27.31. I think U tends to have wicks down for a discounted buy opportunity, and I would look for an entry with those wicks around $22.28. It’s not a bad idea to have an order in place to see […]Read More
NVDA Sellers at $920s on the Final Day of GTC 2024
Today is the fourth and final day for NVDA’s GTC 2024 event. There has been neutral price action throughout this 4-day event, and $NVDA is now trading above $900s again. The daily candle is red so far with sellers around $920s. There is an important yellow resistance line that gives a price target around $966, […]Read More