Elliott wave Ethereum analysis 30.12.2021

The ETHUSD market develops a large linking wave X as a double three [W] – [X] – [Y]. The actionary wave [Y] is currently unfolding. Most likely, the decline within the linking wave (X) ended. Therefore, the market may start building an upward zigzag A-B-C in the near future, as shown in the chart. The first impulse wave A is likely to end around level 4125.00, which was marked by sub-wave X.

Trading plan for ETHUSD today:

Buy 3662.29,

TP 4125.00

LiteFinance: Elliott wave analysis BTCUSD, XRPUSD and ETHUSD today (30 December 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.

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