Elliott wave Ethereum analysis 21.03.2022

The ETHUSD market, like the BTCUSD, is forming the middle leg of the large triangle pattern, that is wave [C]. The [C] wave is developing as a double zigzag (W)-(X)-(Y), where wave (Y) is currently unfolding. The (Y) is a simple zigzag A-B-C, which should soon be concluded by the C wave. The market should be rising in the C wave to a level of 3041.00, marked by the motive wave (W).

Trading plan for ETHUSD today:

Buy 2862.42.

Take profit: 3041.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 21.03.2022 | 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.