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!
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!
Clarity on the Chart. Smart Trading Decisions.
Discover the logic behind price moves.
👉 t.me/initiativeanalysis
Discover the logic behind price moves.
👉 t.me/initiativeanalysis
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clarity on the Chart. Smart Trading Decisions.
Discover the logic behind price moves.
👉 t.me/initiativeanalysis
Discover the logic behind price moves.
👉 t.me/initiativeanalysis
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.