Ethereum – 1D timeframe overview with Initiative Analysis

Hey traders and investors!

The price has reached the lower boundary of the range. There is no volume spike.

I expect a further decline toward 2184 and 2100. The 2100 level is a contextual area to look for buying patterns.

As part of a correction, the price could potentially drop to 1800. Monitoring.


This analysis is based on the Initiative Analysis concept (IA).

Wishing you profitable trades!