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Elliott wave Ethereum analysis  02.03.2022

The ETHUSD market is forming the global corrective trend as a triple combination. There is forming the final leg of the pattern. After the linking wave XX completed, the market has started declining in the new double zigzag [W]-[X]-[Y]. The linking wave [X] should soon finish as a simple zigzag (A)-(B)-(C). The Ethereum market should rise to a level of 3050.00, where wave [X] will be 76.4% of wave [W]. 

Trading plan for ETHUSD today:

Buy 3001.35.

Take profit: 3050.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 02.03.2022 | LiteFinance


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