Elliott wave Ethereum analysis 24.06.2022

In the most recent chart section, the ETHUSD market is forming the final part of the large impulse wave [C], i.e. there is unfolding impulse (5), composed of sub-waves 1-2-3-4-5. The zigzag-shaped correction 4 has finished, and the price should be falling in sub-wave 5 to a level of 870.00, where impulse (5) will be 76.4% of impulse (3).

Trading plan for ETHUSD today:

Sell 1151.52,

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.