Elliott wave Ethereum analysis   05.04.2022

The ETHUSD continues forming the large linking wave XX as a double zigzag. The current chart displays the structure of the final motive wave [Y] unfolding as a double zigzag (W)-(X)-(Y). There is developing the final motive wave (Y) composed of sub-waves W-X-Y. The upward sub-wave Y is forming as a triple zigzag [W]-[X]-[Y]-[X]-[Z], which should soon end at a level of 3662.00. At the indicated level, sub-wave (Y) will be 161.8% of the (W) wave.

Trading plan for ETHUSD today:

Buy 3520.15,

Take profit: 3662.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 05.04.2022 | LiteFinance

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