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Elliott wave Ethereum analysis 23.12.2021

The ETHUSD is forming the middle part of the bearish double zigzag, the linking wave X, as a double zigzag [W]-[X]-[Y]. The market must have completed the down linking wave [X] as a triple zigzag (W)-(X)-(Y)-(XX)-(Z). The price should be rising in the motive wave [Y], which is unfolding as a simple zigzag (A)-(B)-(C). The [Y] wave should end at a level of 4495.52.

Trading plan for ETHUSD today:

Buy 3954.39, 

TP 4495.52

LiteFinance: Elliott wave analysis BTCUSD, XRPUSD and ETHUSD today (23 December 2021) | LiteFinance


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