Elliott wave Ethereum analysis 22.06.2022

The ETHUSD market is forming the linking wave (X) as a triple zigzag W-X-Y-X-Z. The bearish impulse wave [C] is currently forming, with the final wave (5) developing inside. Sub-waves 1-2-3-4 have completed in wave (5). The Ethereum price should be falling in wave 5 to a level of 870.00, where impulse (5) will be 76.4% of impulse (3).

Trading plan for ETHUSD today:

Sell 1084.78,

Take profit: 870.00.

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

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.