Elliott wave Ethereum analysis  02.06.2022

The ETHUSD market has completed the linking down wave (X), a part of the correction of a larger degree. There should be developing bullish wave [1], the first leg of the bullish five-wave impulse. Wave [1] is likely to be unfolding as an impulse as outlined in the chart. The Ethereum price will be rising in sub-waves 3-4-5 to a level of 2440.00, marked by a short correction 4.

Trading plan for ETHUSD today:

Buy 1852.70,

Take profit: 2440.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 02.06.2022 | LiteFinance

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