Elliott Wave analysis for Ethereum 24.12.2021

Ethereum is forming the second wave of a global double zigzag — linking wave X. Its complex structure includes sub-waves [W]-[X]-[Y]. Sub-waves [W]-[X] are probably fully formed. The ultimate actionary wave [Y] is currently developing and may form as a simple zigzag (A)-(B)-(C). There’s a chance that the price will rise in impulse wave (C) to the level of 4495.50 marked by wave [W]. Then the market may reverse and start dropping in wave Y. 

Trading plan for ETHUSD for today:

Buy 4087.80, 

TP 4495.50

LiteFinance: Elliott Wave analysis for BTCUSD, XRPUSD, and ETHUSD for today (24 December 2021)| LiteFinance

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