Elliott wave Ethereum analysis 06.04.2022

The ETHUSD is forming wave [Y] as a double zigzag (W)-(X)-(Y) that is the final leg in the linking wave XX. There is developing the bullish wave (Y) as a double zigzag W-X-Y, with the Y wave unfolding inside as a triple zigzag [W]-[X]-[Y]-[X]-[Z]. The price should be rising in the [C] impulse to 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 3357.61,

Take profit: 3662.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 06.04.2022 | LiteFinance



Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.

Go to Register with LiteForex Platform

Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.