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Elliott wave Ethereum analysis 07.04.2022

The ETHUSD layout has also been changed as the market continues declining, There should be forming the first sub-wave [A] of the corrective wave developing as a simple zigzag. The [A] wave could end as a simple impulse (1)-(2)-(3)-(4)-(5), as outlined in the chart. The descending impulse could end at the previous low of 2914.00, marked by the [X] wave.

Trading plan for ETHUSD today:

Sell 3197.19,

Take profit: 2914.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 07.04.2022 | LiteFinance



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