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Elliott wave Ethereum analysis 24.11.2021

The ETHUSD market is forming the new descending double zigzag (W)-(X)-(Y). The down motive wave (W) has recently completed as a simple zigzag A-B-C. The linking wave (X) is currently unfolding as a simple zigzag A-B-C. The bearish correction B seems to have completed, so the price should be rising in the bullish impulse C to a level of 4650.00, where wave (X) will be 76.4% of wave (W).

Trading plan for ETHUSD today:

Buy 4283.95, TP 4650.00

LiteFinance: Elliott wave analysis BTCUSD, XRPUSD and ETHUSD today (24 November 2021) | LiteFinance

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