Elliott wave Ethereum analysis 31.03.2023

The ETHUSD market completed the corrective wave (4) as part of the final impulse wave [5] of A. It took the shape of a double three W-X-Y. Now the price is rising within the last sub-wave (5), which, judging by the internal structure, will take the shape of a bullish impulse 1-2-3-4-5. ETH will rise to 1960.00. At this level, impulses [3] and [5] will be equal. In the current situation, consider opening long trades.

Trading plan for ETHUSD for today:

Buy 1801.78,
Take profit: 1960.00.

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.