Elliott wave Ethereum analysis 13.12.2021

The ETHUSD is forming a descending double zigzag W-X-Y. The first motive wave W has completed as a simple zigzag [A]-[B]-[C]. There is unfolding the linking wave X as a double zigzag [W]-[X]-[Y], which will be concluded by the [Y] wave. The [Y] could end at a level of 4500.00, where the [W] finished.

Trading plan for ETHUSD today:

Buy 3995.30,

TP 4500.00.

LiteFinance: Elliott wave analysis BTCUSD, XRPUSD and ETHUSD today (13 December 2021) | LiteFinance

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