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Elliott wave Ethereum analysis 27.01.2022

The ETHUSD market completed the descending motive wave Y, and the price has started rising in the bullish linking wave XX, unfolding as a double zigzag [W]-[X]-[Y]. The first two sub-waves [W]-[X] have ended. Therefore, the Ethereum price should be rising in the motive wave [Y] to a level of 2895.00.

Trading plan for ETHUSD today:

Buy 2387.86.

Take profit: 2895.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 27.01.2022 | LiteFinance


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