Elliott Wave ETH/USD Long Incoming

٦ مايو ٢٠٢٢

Hello Traders,


Today on ETH/USD, we can see that we are near the end of the wave X of a possible WXYXZ. My objectives for this wave are the following:

-2581 ---> 76.4% of retracement of the wave Y and also close to the 114.4% of extension of the yellow C
-2480 ---> 85% of retracement of the wave Y and
-2302 ---> 100% of the wave Y and 161.8% of retracement of the yellow and blue C

The first objective seems to be the most likely, but the other two are still possible be careful
After that we will enter in a wave Z which represents a good opportunity for a long position


Feel free to comment if you have any questions

٦ مايو ٢٠٢٢

ملاحظة

-2480 ---> 85% of retracement of the wave Y and close to the 127.2% of extension of the yellow C *