Elliott wave Ethereum analysis  18.03.2022

The ETHUSD market is forming the second linking wave XX within the triple zigzag W-X-Y-XX-Z of a larger degree. The XX wave is composed of three sub-waves [W]-[X]-[Y]. The first two sub-waves [W] and [X] have completed, and the final motive wave [Y] is forming as a double zigzag (W)-(X)-(Y). The (Y) subwave should be moving up to a level of 3048.00, marked by wave [W], Next, the Ethereum price will be falling in the Z wave.

Trading plan for ETHUSD today:

Buy 2777.50.

Take profit: 3048.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 18.03.2022 | LiteFinance

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