Elliott wave Ethereum analysis 22.02.2023

The most recent chart section displays the formation of an upward impulse wave [5], which is the final in a larger impulse A. Corrective sub-wave (4), which has a sideways structure, has been completed as a double three W-X-Y. Soon the price will grow within the sub-wave (5) towards the price level 1808.63. At this level, impulse [5] will reach the 61.8% Fibonacci level of the impulse [3].

Trading plan for ETHUSD for today:

Buy 1641.03,

Take profit: 1808.63.

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.