Elliott wave Ethereum analysis 28.03.2022

The ETHUSD market, like the BTCUSD, is forming a triangle pattern with the middle leg, sub-wave [C], completed inside as a double zigzag (W)-(X)-(Y). The Ethereum price should be going down in the zigzag-shaped sub-wave to a level below the previous low of 3070.00. An approximate trajectory of the Ethereum future price movement is outlined in the chart. One could enter sell trades in the current situation.

Trading plan for ETHUSD today:

Sell 3324.54.

Take profit: 3070.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 28.03.2022 | LiteFinance

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