CLV has been consolidating near the 100 EMA.. expecting a nice bounce off the trend line and 100 EMA... anything between 1.60-1.75 is a nice entry for moon mode... expecting 3-5 dollars before a pull back as clover is a bit undervalued.
This is a basic Elliot wave theory stemming from the January correction through present day. Hopefully this helps people as I am also always learning! Please feel free to give feedback and share charts!
This is a simple trend analysis based off of the January 2021 25% correction for BTC that lasted about 19 days. If this is correct we are in the beginning of the correction. We could possibly see a further consolidation 25-30% for BTC and then a strong pump toward 70k.