Get started
onestep1999

Elliott Wave analysis for Ethereum

Ethereum (COINBASE:ETHUSD)  
onestep1999  
COINBASE:ETHUSD   Ethereum
Fundamental Analysis Wave Analysis
2
0
fundamental waveanalysis
After an upward linking wave XX formed as a double zigzag --, a new bearish trend started developing in the ETHUSD chart. Most likely, a downward wave is currently unfolding as impulse (1)-(2)-(3)-(4)-(5). The middle part of the impulse — subwave (3) — is developing now. It's supposed to end at level 2355.00, marked by a small correction B.

Trading plan for ETHUSD for today:
Sell 2654.62, Take profit: 2355.00.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.