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Elliott wave Ethereum analysis 25.11.2021

The ETHUSD market has recently finished the down motive wave (W) as a simple zigzag A-B-C. There is unfolding the linking wave (X) also as a simple zigzag A-B-C. The first two legs of the zigzag have completed, and the price is rising, forming the C wave as an ending diagonal [1]-[2]-[3]-[4]-[5]. The market should continue going up in wave [5] to a level of 4524.00, where wave (X) will be 61.8% of wave (W).

Trading plan for ETHUSD today:

Buy 4277.99, TP 4524.00

LiteFinance: Elliott wave analysis BTCUSD, XRPUSD and ETHUSD today (25 November 2021) | LiteFinance

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