Elliott wave Ethereum analysis 14.03.2022

The ETHUSD market is forming the large corrective trend as a triple zigzag W-X-Y-XX-Z. The current chart displays the structure of the final wave Z, unfolding as a simple zigzag [A]-[B]-[C]. The first two sub-waves of the zigzag have completed, and the final sub-wave [C] is currently developing as a five-wave impulse (1)-(2)-(3)-(4)-(5) as outlined in the chart. Sub-wave (3) should finish at a level of 2150.00.

Trading plan for ETHUSD today:

Sell 2568.54.

Take profit: 2150.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 14.03.2022 | 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.