onestep1999

Elliott wave Ethereum analysis

COINBASE:ETHUSD   Ethereum
After completing the linking wave XX, the ETHUSD market began to decline as part of the down wave . The linking wave consists of five sub-waves (1)-(2)-(3)-(4)-(5). Recently, the price stopped declining in impulse (3). Then a correction began in the bullish wave (4). Wave (4) is expected to be completed at level 2755.00. This is the high, which was marked by the corrective sub-waves and 4. In the current situation, it is profitable to consider entering purchases.

Trading plan for ETHUSD today:
Buy 2621.87, Take profit: 2755.00.
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.