Elliott wave Ethereum analysis 28.02.2022

The EURUSD market is also declining in the bearish wave [A], presumably unfolding as an impulse (1)-(2)-(3)-(4)-(5). The market is currently forming the final leg of the impulse, wave (5), unfolding as an impulse, as outlined in the chart. The Ethereum price should be declining in sub-wave 3 to a level of  2297.00. One could enter sell trades in the current situation. 

Trading plan for ETHUSD today:

Sell 2627.11.

Take profit: 2297.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 28.02.2022 | LiteFinance

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.