Elliott wave Ethereum analysis

8 בפבר׳ 2022

The ETHUSD market is forming the upward linking wave XX as a double zigzag [W]-[X]-[Y], with the final motive wave [Y] developing inside. The [Y] wave is unfolding as a triple zigzag, composed of sub-waves (W)-(X)-(Y)-(XX)-(Z). The Ethereum price should be rising in the final sub-wave (Z) to a level of 3300.00. One could enter buy trades in the current situation.

Trading plan for ETHUSD today:
Buy 3168.71, Take profit: 3300.00.