Elliott wave Ethereum analysis

9 feb 2022

The ETHUSD market is rising in the linking wave XX, the fourth leg in the global triple zigzag. The XX wave should be developing as a double zigzag [W]-[X]-[Y]. The final motive wave [Y] must be unfolding as a triple zigzag (W)-(X)-(Y)-(XX)-(Z). The Ethereum price should be rising in the final wave (Z) to a level of 3300.00.

Trading plan for ETHUSD today:
Buy 3067.54, Take profit: 3300.00.