The Ethereum market is building a bearish A-B-C zigzag in the long term. As part of this zigzag, a long corrective wave B has come to an end. It consists of three main sub-waves [W]-[X]-[Y]. Thus, the formation of the initial part of the downward wave C, consisting of sub-waves [1]-[2]-[3]-[4]-[5], is expected soon. It will end at level 1050.00, where wave C is 50% of impulse A.
Trading plan for ETHUSD for today:
Sell 1177.92,
Take profit: 1050.00.
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.
