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Elliott wave Ethereum analysis 01.12.2021

The ETHUSD market continues forming the down corrective trend as a double zigzag (W)-(X)-(Y). Linking wave (X) should be longer than earlier expected; it has completed as a double zigzag W-X-Y. The market should be rising in the final motive wave (Y) unfolding as a simple zigzag A-B-C, as outlined in the chart. The impulse wave could complete at a level of 4326.93, marked by correction 4.

Trading plan for ETHUSD today:

Sell 4761.08,

 TP 4326.93

LiteFinance: Elliott wave analysis BTCUSD, XRPUSD and ETHUSD today (1 December 2021) | LiteFinance

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