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


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.