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Elliott wave Ethereum analysis  25.03.2022

The ETHUSD market is forming the linking wave XX as a horizontal contracting triangle [A]-[B]-[C]-[D]-[E]. The bullish wave [C] must have completed as a double zigzag. The Ethereum price should be falling in the [D] wave unfolding as a descending zigzag (A)-(B)-(C), as outlined in the chart. The impulse wave (A) could end at a level of 2815.00.

Trading plan for ETHUSD today:

Sell 3139.96.

Take profit: 2815.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 25.03.2022 | LiteFinance



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