Elliott wave Ethereum analysis

10 Şub 2022

The ETHUSD market continues growing in the linking wave XX developing as a double zigzag [W]-[X]-[Y]. The final wave [Y] must be forming as a triple zigzag (W)-(X)-(Y)-(XX)-(Z). The Ethereum price should be rising in the final wave (Z) to a level of 3300.00. Once the target level is reached, the market should turn down and start declining.

Trading plan for ETHUSD today:
Buy 3157.62, Take profit: 3300.00.