Elliott wave Ethereum analysis 03.06.2022

The ETHUSD is forming the bullish wave [1], the first sub-wave of the upward 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. An approximate trajectory of the Ethereum future price movement is outlined in the chart.

Trading plan for ETHUSD today:

Buy 1824.57,

Take profit: 2440.00 .

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 03.06.2022 | LiteFinance

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