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Elliott wave Ethereum analysis 08.04.2022

The ETHUSD market completed the large linking wave XX as a double zigzag [W]-[X]-[Y], and there is now unfolding a new corrective wave as a simple zigzag [A]-[B]-[C]. Sub-wave [A] is currently unfolding as an impulse (1)-(2)-(3)-(4)-(5), which should soon be concluded by sub-wave (5) at a level of 2914.00, the low marked by sub-wave [X].

Trading plan for ETHUSD today:

Sell 3264.99,

Take profit: 2914.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 08.04.2022 | LiteFinance


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