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Analysis

Oil price forecast for today: USCrude analysis 03.02.2023

The oil short-term trend turned down yesterday. The price broke out the trend key support 77.42 – 76.89. Now, the downside target is the lower Target Zone 72.17 – 71.12. It is relevant to sell on the correction when the price reaches resistance (A) 78.99 – 78.64 or resistance (В) 80.92 – 80.39. To enter a sell trade, one should …

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Elliott wave Ethereum analysis 03.02.2023

Ethereum is building impulse C, within which a sub-wave [3] is unfolding. Sub-waves (1)-(2)-(3)-(4) have been completed within wave [3]. Correction (4) has a horizontal internal structure and serves as a double three. Shortly, expect growth in the final sub-wave (5), which may rise to the level of 1872.00. A possible price movement is shown in the chart. Trading plan …

Elliott wave Ethereum analysis 03.02.2023 Read More »

Elliott wave Ethereum analysis 02.01.2023

ETHUSD is developing an impulse wave. Impulse C, or rather its middle part, sub-wave [3], is currently unfolding within which sub-waves (1)-(2)-(3)-(4) have been completed. Correction (4) has a horizontal internal structure and serves as a double three. Soon, expect growth in the final sub-wave (5), which may rise to the price level of 1872.00. Trading plan for ETHUSD for today: …

Elliott wave Ethereum analysis 02.01.2023 Read More »