Elliott wave Ethereum analysis 29.11.2021

The ETHUSD market is forming the descending corrective trend as a double zigzag (W)-(X)-(Y). The motive wave (W) and the linking wave (X) have completed as simple zigzags. There could be forming the initial part of the impulse wave. Impulse 1 has completed, and the zigzag-shaped correction 2 is about to finish soon; its impulse wave [C] could end at a level around 4473.70.

Trading plan for ETHUSD today:

Buy 4321.82

 TP 4473.70

LiteFinance: Elliott wave analysis BTCUSD, XRPUSD and ETHUSD today (29 November 2021) | 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.