Technical analysis by V-wave-analysis about Symbol ETH on 7/24/2023

I see two scenarios at the moment, but you have to wait for better entry points. It looks like wave 2 will soon be developing. If it goes down to the 61.8% Fibonacci level and creates a range, the risk ratio will be very good. This will allow you to ride the trend up easily. Patience and careful analysis are essential in making well-informed trading decisions.