ETHUSD Impulsive Decline Calls for More Downside

ETHUSD (Ethereum) is one of the three crypto-currencies covered as a regular instrument at Elliottwave-Forecast. Other two crypto-currencies we cover on a regular basis are BTCUSD (Bitcoin) and LTCUSD (Litecoin). In today’s article, we will be looking at Ethereum which has been dropping since forming a high on 08.14.2022. It dropped 43% from 2036 to 1155 within 2 months and has now started recovering. We will take a look at structure of the rally into 08.14.2022 peak and the decline since then and share our forecast about the next expected move.

ETHUSD 4 Hour Elliott Wave Analysis — 18 October 2022

ETHUSD 4 Hour Elliott Wave Analysis — 24 October 2022

Source: https://elliottwave-forecast.com/cryptos/ethusd-impulsive-decline-calls-downside/

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