Elliott wave Ethereum analysis   13.05.2022   

The ETHUSD continues forming the final bearish wave [C] of zigzag [A]-[B]-[C]. Wave [C] is forming as an impulse (1)-(2)-(3)-(4)-(5), with impulse sub-wave (3) completed inside. Bullish correction (4) should be currently unfolding as a simple zigzag A-B-C, which should finish at a level of 2178.00, where wave (4) will be 38.2% of impulse (3).

Trading plan for ETHUSD today:

Buy 2083.98,

Take profit: 2178.00 .

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 13.05.2022 | LiteFinance

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