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

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